Tag: administration
Debt management directors banned after causing public distress
Following an in-depth investigation by the Insolvency Service, Stephen Anthony Wooley and Kevin John Dursley, Directors of a debt management business were banned. The investigation...
Rise of Business insolvencies expected in 2018
New statistics were released by The Insolvency Service on business insolvencies. These statistics demonstrate: • Company insolvencies increased in the last Quarter of 2017 because...
British Businesses facing liquidation hits a four-year high
With one in every 213 companies falling in to liquidation last year, British businesses bankruptcy has hit a four year high. Official figures which were...
High Street Giant enters administration
It has been announced that troubled UK high street stalwart British Home Stores has formally entered administration with over 11,000 jobs said to be...
Football club given ‘extra time’ to avoid Insolvency proceedings.
English Football League Club Northampton Town FC was given a dramatic last minute life line after Insolvency proceedings were adjourned for two weeks. Insolvency proceedings brought against against...
Jobs lost as Debt Collection Firm enters administration.
Preston based Debt Collection Firm Progress Financial Recovery Ltd have entered into administration after long running financial troubles eventually took their toll. The company is...
Debt Collection Agency in administration
UK based Debt Collection Agency, Roxburghe (UK) Limited has gone into administration, with 35 staff being made redundant. It was revealed that Roxburghe had been trading at...
Phones4u in administration
Accountancy firm PricewaterhouseCoopers LLP has been lined up as the preferred insolvency administrator for Phones 4u Ltd. and its subsidiaries. This follows after the...
Well known flooring firm in administration for a third time
Administrators have been called into to troubled flooring firm 'Floors-2-go' for a third time. Midlands based Insolvency firm MB Insolvency have been appointed to deal...
Shopping centre bosses ‘shopped’ to Insolvency service
The firm of Accountants dealing with the administration of failed Cumbrian based shopping outlet K Village have reported the firm's directors to the Insolvency...
