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Restructuring news in the UK | Page 6
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No news found.
Kaiam’s UK and Europe operations appoint KPMG administrators
Global fibre-optics manufacturer Kaiam has seen its UK and Europe arms collapse into administration, following adverse trading conditions in 2018.
11 January 2019
KRE Corporate Recovery oversees Mahabis administration
Luxury slipper brand Mahabis has collapsed into administration, following poor seasonal trading and a heavy debt burden, according to reports in the British press.
10 January 2019
Monarch Aircraft Engineering appoints KPMG administrators
KPMG has been installed as the administrator for Monarch Aircraft Engineering, having already performed a similar role for the entity’s connected airline in 2017.
09 January 2019
HMV appoints KPMG for second administration in six years
UK entertainment retailer HMV has appointed joint administrators from KPMG to oversee the sale or closure of its business.
08 January 2019
Quantuma appointed administrator for Manor House School
A £10,000 per year Manor House School in Ashby has appointed administrators just a month after a pay dispute led to a mass walkout of its teachers.
04 January 2019
Outsourcer Interserve's rescue plan sparks share slide
Embattled government contractor Interserve has announced that a plan to reduce its debt by issuing new shares.
13 December 2018
Online estate agency appoints administrators from James Cowper Kreston
Professional services firm James Cowper Kreston has been installed administrator of online estate agency Emoov.
12 December 2018
Vultures circle some 200 UK shopping centres on brink of administration
A new report has found that over 200 shopping centres in Britain are in danger of collapsing into administration.
26 November 2018
Jobs secured as Quantuma advises BCF Heating & Plumbing
BCF Heating and Plumbing has agreed upon a Company Voluntary Arrangement, securing the jobs of its entire workforce.
15 November 2018
Johnston Press commissions AlixPartners for possible administration
With the printed press facing deflating revenues and declining readership in the UK, troubled newspaper publisher Johnston Press is preparing to hand control to its lenders as the search for a rescue
15 November 2018
UK retail net store closures quadruple in first half of 2018
The UK high street is enduring its most challenging period in five years, according to a new study.
14 November 2018
Yorkshire butcher chain Crawshaw appoints EY for administration
Crawshaw Group has confirmed the appointment of administrators, as the UK meat retailer said in late October that it did not have sufficient cash to restructure.
08 November 2018
Administration sees Bloodhound 1,000mph car hit the brakes
Consulting firm FRP Advisory has been appointed to oversee the administration of the organisation behind the Bloodhound turbo-car.
22 October 2018
Deloitte oversees Beta Distribution administration after 60 jobs lost
Big Four firm Deloitte has been enlisted to oversee the administration of Beta Distribution, after the British company collapsed earlier in October.
18 October 2018
PwC helping former Maplin owner to save bird-care group Gardman
Rutland Partners, the former owner of collapsed electronics retailer Maplin, is understood to be engaged in a race to sell another of its companies before it slumps into administration.
16 October 2018
Leonard Curtis to oversee administration of viral media firm Unilad
Partners from Leonard Curtis Business Rescue & Recovery have been appointed joint administrators of viral news and pop culture website Unilad.
10 October 2018
Duff & Phelps helps secure future of Banham Poultry
More than 1,000 jobs have been safeguarded by the sale of one of Norfolk’s largest employers.
09 October 2018
KPMG waves away buyout interest in UK restructuring unit
International auditing and advisory firm KPMG is understood to have rejected informal bids to purchase its UK restructuring business.
08 October 2018
Begbies Traynor quickly sells Bestival out of administration
Professionals from Begbies Traynor wasted no time in finding a buyer for the music festival Bestival, after it collapsed into administration earlier in September.
03 October 2018
AlixPartners helps British Steel with raising asset-backed financing
Global consulting firm AlixPartners has advised British Steel on the raising of a £90 million of asset-backed finance injection from White Oak Global Advisors.
26 September 2018
Debenhams calls in KPMG as it mulls store closures
Debenhams has tapped up advisers to consider its options, including possible store closures, as the UK high street fixture struggles to renew falling sales figures.
25 September 2018
KPMG administrators aim to sell racecourse by end of October
Administrators from KPMG are reportedly jockeying for suitable buyers, as they look to sell a horse racing facility by the end of October, having already let the bulk of its staff go in August.
14 September 2018
Grant Thornton confirmed for administration of payday loan firm Wonga
Controversial pay day lender Wonga has collapsed into administration, following a slew of compensation claims which rocked the company in recent years.
04 September 2018
PwC charged £356 per hour for Carillion insolvency work
Big Four firm PwC has been criticised for the hourly rate it has charged for Partners during the administration of Carillion.
03 September 2018
42 digital consultancy jobs saved in Chelsea Apps Factory sale
In an uncommon turn of events amid a booming digital consulting industry, Chelsea Apps Factory fell into administration earlier in the summer.
22 August 2018
House of Fraser administrators defend Sports Direct deal
House of Fraser administrator EY has come under pressure to justify accepting Sports Direct’s offer to buy the department store.
21 August 2018
RSM to administrate Northern Ireland drinks maker
RSM has been called in to administrate a drinks company set up by one of Northern Ireland's best-known industry figures.
30 July 2018
Deloitte to oversee Gaucho administration with 1,300 jobs at stake
The latest victim of the continued consumer crunch in the UK looks set to be Argentine-themed restaurant group Gaucho.
23 July 2018
FRP to administrate farmer-owned Angus Cereals
The future of a Scottish farming co-operative has been left hanging in the balance, with administrators rushing to find a buyer ahead of the year’s cereal harvest.
18 July 2018
Begbies Traynor administrates GinFestival.com as gin bubble threatens to burst
For the best part of a decade, gin sales in the UK have been growing exponentially, however, the collapse of a firm previously riding high on that wave of consumption has suggested that the gin bubbl
13 July 2018
Confidence of executives in crisis management vastly exceeds actual readiness
Few executives are following the advice that crisis management shouldn’t start with a crisis, a new survey from Deloitte reveals.
05 July 2018
Duff & Phelps administrates restaurant chain amid poor hospitality spending
Duff & Phelps has been appointed as the administrator for collapsed up market dining chain Prescott & Conran.
27 June 2018
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