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Restructuring news in the UK | Page 4
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Laura Ashley appoints PwC administrators
Amid the continuing Covid-19 pandemic, Laura Ashley has become the first retailer to fall victim to the “significant” drop in trade that the virus has caused.
20 March 2020
Duff & Phelps secures future of carpet manufacturer
Insolvency specialist consultancy Duff & Phelps has secured future of 250-year-old British manufacturing brand.
17 March 2020
Winding-up looms unless Bloodhound sniffs out investors
The supersonic Bloodhound project looks to be under threat once more, as its current owner has suggested it has just one month to find new investment, or it will face being wound up.
10 March 2020
MPM Catering appoints administrators from Mazars
Street food specialist MPM Catering has collapsed into administration, just weeks after celebrating its Cook Street brand’s fifth year in business.
28 February 2020
Duff & Phelps fully secures future of Midlands mobility provider
The joint administrators of Accessible Transport Group have successfully sold its former premises in Aston to the West Midlands Accessible Transport firm established out of its collapse.
27 February 2020
RSM to oversee Ena Shaw winding down
Merseyside soft furnishings business Ena Shaw has fallen into administration, seeing around 100 jobs lost in the town of St Helens.
21 February 2020
Pure Collection appoints administrators from KPMG
KPMG professionals Howard Smith and Will Wright have been appointed joint administrators of cashmere brand Pure Collection.
14 February 2020
Tough Mudder appoints BM Advisory as UK administrator
The European operation of outdoor sports group Tough Mudder has returned to trading, despite an international stand-off with its US wing.
12 February 2020
BDO takes on administration of Norton Motorcycles
A historic motorcycle company has called in administrators, after the Birmingham-based company was taken to court for a disputed £300,000 tax bill.
10 February 2020
RSM oversees administration of Michelin-starred restaurant
Professional services firm RSM has been appointed to oversee the administration of three Mayfair-based companies within the Marc restaurant group.
05 February 2020
Moorfields Advisory appointed to administrate Hawkin’s Bazaar
UK toy retailer Hawkin’s Bazaar has collapsed into administration for the second time in the space of a decade.
29 January 2020
Fall in CVAs could lead to spike in retail administrations
2019 was undoubtedly a tough year for the retail sector – however Britain’s high street crisis could be on the verge of deepening this year, according to the latest research.
24 January 2020
Leven Car Company appoints Leonard Curtis administrator
Leven Car Company, a car dealership group in Scotland, has gone into administration, leaving nearly 140 staff facing possible redundancy.
15 January 2020
Beales poised for administration after KPMG review
Around 1000 jobs have been placed at risk, as department store Beales has warned it could collapse into administration without a new owner.
14 January 2020
Duff & Phelps secures future of InLink
BT partner InLink collapsed into administration at the turn of the year, with the Wi-Fi and USB charging kiosk service having encountered numerous delays to its plans across the UK.
13 January 2020
Northern construction group Bardsley enters administration
As the UK’s construction industry endures the final days of a torrid 2019, Bardsley Group has become the latest casualty of the uncertainty in the sector.
27 December 2019
PwC to oversee administration of The Book People
The Book People has filed for administration with just one week to go before Christmas, putting 400 jobs at risk.
23 December 2019
KPMG tasked with restructuring of construction group Clugston
Construction outsourcing firm Clugston Group has appointed administrators from KPMG, resulting in the laying-off of some 150 staff.
12 December 2019
Cyber security start-up XQ Cyber appoints administrators
Professionals from David Rubin & Partners have been appointed administrators to cyber security start-up XQ Cyber.
04 December 2019
FRP Advisory negotiating deal between Bonmarché and Peacocks
UK retail chain Peacocks has been lined up by administrators as a buyer for the Bonmarché stores.
03 December 2019
Mporium Group appoints Begbies Traynor for administration
Begbies Traynor has overseen the sale of Mporium Group’s assets, following its collapse into administration earlier in November 2019.
26 November 2019
Scottish haulage firm appoints KPMG administrators
Corporate Road Solutions 24:7, a company based in West Lothian, has collapsed into administration, appointing KPMG to oversee proceedings.
18 November 2019
Toto Energy appoints KPMG for administration
Brighton-based Toto Energy has collapsed, appointing KPMG as its administrator. The firm previously supplied gas and electricity to approximately 134,000 customers throughout the UK.
13 November 2019
Mothercare appoints PwC administrators for UK wind-up
PwC is set to close 79 Mothercare stores across the UK, after its appointment as administrator for the troubled brand. The news is likely to result in the loss of almost 3,000 jobs across Britain.
11 November 2019
EY and PwC also sold consulting work to Thomas Cook
Big Four audit and advisory firms PwC and EY have come under scrutiny for selling consulting and accounting services to Thomas Cook in the lead up to the company’s collapse.
05 November 2019
Deloitte to oversee Supercuts owner administration
Salon chain owner Regis UK has appointed administrators from Deloitte, becoming the latest victim of the UK’s ailing high street as a result.
04 November 2019
KPMG appointed to oversee Watt Brothers administration
A family-run retailer has collapsed after more than 100 years in business, seeing almost 300 jobs lost across Scotland.
30 October 2019
KPMG oversees Lingerie Outlet Store administration
Joint administrators from KPMG’s restructuring sector have sold the majority of ecommerce firm Lingerie Outlet Store, safeguarding 26 jobs in Wiltshire.
25 October 2019
Deloitte appointed as Links of London administrator
High street jewellery brand Links of London has been placed into administration, putting around 350 jobs at risk if a buyer cannot be found.
22 October 2019
KPMG appointed for Eversmart Energy administration
Manchester-based Eversmart Energy has appointed KPMG to oversee its administration.
30 September 2019
KPMG to oversee Northern manufacturer administration
The fallout from a serious fire in 2016 has eventually seen Northern manufacturer Total Polyfilm collapse into administration, costing the region more than 200 jobs.
27 September 2019
Tata Steel to close Welsh site amid A&M restructuring
Tata Steel has enlisted Alvarez & Marsal to help with a restructuring programme for its UK wing.
11 September 2019
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