Restructuring news in the UK | Page 6

An overview of news, trends and research in Restructuring consulting in the UK:

PwC installed as administrator of Zebra Power Amid a mounting crisis in the UK energy market, PwC has been appointed as administrator of Zebra Power.
17 November 2021
Firms must be proactive in consulting restructuring experts As the UK Government’s temporary restrictions on insolvency procedures are phased out, restructuring firms will soon be in keen demand – meaning struggling companies which act slowly will find it har
15 November 2021
Quantuma oversees administration of Savants Restructuring The UK insolvencies market is heating up, as the number of companies falling into administration rises with the fallback of government pandemic support.
10 November 2021
Administrators from A&M appointed to People's Energy Amid the mounting energy crisis of the UK, Alvarez & Marsal has been appointed as Joint Administrators to the People’s Energy Company.
30 September 2021
Ankura builds high-profile team to enter UK restructuring market Ankura Consulting has launched a European restructuring practice to work with businesses across various industries facing complex challenges following the pandemic.
28 September 2021
A&M appointed administrator to PFP Energy Administrators from Alvarez & Marsal have been appointed to PFP Energy. The company’s customers have been transferred to British Gas as part of the Supplier of Last Resort process.
28 September 2021
Quantuma to oversee Derby County administration Andrew Hosking, Carl Jackson and Andrew Andronikou, managing directors at business advisory firm Quantuma, have been appointed joint administrators of Derby County.
23 September 2021
Kroll appointed for administration of Manchester hospitality firm Restructuring experts from Kroll are overseeing the sale of a Manchester property business, with a hotel and apartment complex amid the firm’s portfolio.
22 September 2021
FRP administrators to wind down Cleveland Bridge UK Cleveland Bridge UK is set to be wound down, after administrators failed to secure a sale of the firm’s assets.
15 September 2021
Kroll sells Ferrous Protection out of administration The appointment of Kroll for an administration has helped secure 20 jobs in Lancashire. The professional services firm quickly sold Ferrous Protection’s assets in a pre-pack deal.
14 September 2021
Hiber Energy appoints ReSolve as administrator Professionals from ReSolve have been tasked with the sale of Hiber Energy.
06 September 2021
Leonard Curtis sells printing business out of administration Aberdeen printing and marketing business Jasmine has been sold out of administration, saving 22 jobs. Professionals from Leonard Curtis Business Solutions oversaw the process.
02 September 2021
RSM administrators sell Bauhaus hotel for student accommodation RSM’s restructuring advisory arm has served as administrator for the former Bauhaus hotel in Aberdeen.
25 August 2021
How corporates can address their post-pandemic balance sheets Amid the pandemic, UK corporates received a stream of government enforced credit support to stabilise and support businesses.
23 August 2021
Interpath appointed to Leicestershire food firm administration Simtom Food Products has named Interpath Advisory as the firm to oversee its administration. The news jeopardises around 100 jobs across Leicestershire.
17 August 2021
Pre-pack administration regulations could deny struggling firms lifeline The effects of the coronavirus recession have left businesses across the UK on the brink of collapse – threatening huge losses in asset value and jobs.
09 August 2021
KPMG could rebuild restructuring business after sale Big Four firm KPMG is reportedly creating a new unit to advise on corporate restructurings, less than a year after selling the its UK insolvency advisory business for more than £350 million.
29 July 2021
FRP Advisory appointed for Cleveland Bridge administration North East construction firm Cleveland Bridge has fallen into administration, putting more than 300 jobs at risk.
26 July 2021
Halving of UK insolvencies prompts fears of 'zombie nation' Despite the continued financial crisis seen during the pandemic, the number of administrations and receiverships has plummeted during 2021.
22 July 2021
SFP sells construction firm out of administration A staffing company for the construction sector has been sold out of administration, preserving 20 jobs in the region. The sale of the West Sussex firm was overseen by professionals from SFP Group.
21 July 2021
Gate One expands into France with first international presence Eight years after its founding, business consultancy Gate One has gone international with its launch in France.
16 July 2021
Smith & Williamson agrees partial transfer of Dolfin assets Administrators from Smith & Williamson have agreed terms for the transfer of some of Dolfin Financial’s client agreements to Britannia Global Markets.
14 July 2021
Mazars sells coffee chain out of administration Professionals from Mazars have been called in to oversee the administration of Friska. The café franchise had suffered heavily from a loss of business during the coronavirus lockdown.
13 July 2021
Smith & Williamson to oversee Dolfin Financial administration Professionals from Smith & Williamson have been installed for the special administration of a UK financial services firm.
06 July 2021
Kroll appointed as liquidator of G-Rock Gibraltar based internet banking platform G-Rock has been forced into liquidation, after losing its limited licensing.
22 June 2021
Insect Technology Group appoints UHY Hacker Young administrator UHY Hacker Young has reportedly been heading an administration for UK headquartered waste management firm Insect Technology Group since February.
08 June 2021
FRP Advisory brought in for administration of grain trader FRP Advisory has been appointed to the administration of Scotland based grain supplier Alexander Inglis & Son, in a move which is expected to impact hundreds of growers throughout the UK’s north.
31 May 2021
Four-in-ten firms considering restructuring over next 12 months Many companies across the UK are emerging from lockdown with a sense of cautious optimism.
25 May 2021
FRP named administrator of Leicestershire building company Professionals from FRP Advisory have been installed to oversee the administration of one of the Midlands’ largest construction firms.
18 May 2021
Interpath Advisory commences life as independent business Having rebranded in March, the former restructuring practice of KPMG UK is formally launching as an independent firm.
05 May 2021
Football Index faces government probe following administration Online gambling platform Football Index collapsed into receivership in March, following with the appointment of administrators from Begbies Traynor.
30 April 2021
David Rubin & Partners to oversee Brooks Brothers administration US business attire retailer Brooks Brothers has seen its UK wing fall into administration, after suffering from a lack of demand for its products as people worked from home.
14 April 2021

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