One in ten restaurants face imminent risk of closure

25th November 2024 Business | #insolvency

More than one in ten (12%) restaurants are at imminent risk of closure as their financial position has worsened over the last 12 months, according to an analysis of financial data by Price Bailey. The research analysed the credit risk scores and balance sheet information of all 50,900 British restaurants. It found that 10,388 (20%…

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INSOLVENCY NOTICES: Winding Up Petitions – October 2024

In October, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 10408929 LTD 123 EMPLOYEES LTD 13268073 LTD 2GO COURIERS LIMITED 3RD SECTOR ASSIST LIMITED 77 PROPERTY 4 LIMITED 77 PROPERTY LIMITED 85 GRACE CAFE LTD A & M PAKISTAN CATERING LTD A & R HAULAGE (UK) LIMITED…

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INSOLVENCY NOTICES: Appointment of Administrators – August 2024

In August the following administration notices were issued and advertised in the London Gazette for the following companies: 108 MEDIA LTD A E CHILLED LTD ACE GLOBAL TRADING LTD ADLUDIO LTD AF ACCIDENT REPAIRS LTD ALTEC ENGINEERING LTD ANARCHY BREW CO. LTD ARCTREND LTD ARG MAXELA UK LTD ASTRADENT (3) LTD AVANTE PROPERTY DEVELOPMENTS LTD…

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INSOLVENCY NOTICES: Appointment of Administrators – July 2024

In July the following administration notices were issued and advertised in the London Gazette for the following companies: 107 STATION STREET LTD 4WOOD TV AND FILM LTD A CATLOW CIVIL ENGINEERING LTD A P V MARINE LTD ACHIEVA GROUP LTD ACT PRODUCTS LTD AGO HOTELS LTD AJA BOTANICALS LTD AKA (SADLER BROWN) LTD ALDERLEY PLC…

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LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – July 2024

Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in July: 04836342 LTD 1989 CLUBHOUSE LTD 1OVMANY LTD 4 REIGN LTD A. WARD & SON LTD A.M.CARS (UK) LTD A&R 111 LTD A2B TRANSPORT GROUP LTD A2B WORKS LTD ABSOLUTE BUILDING LTD ACE OF DIAMONDS…

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INSOLVENCY NOTICES: Winding Up Petitions – July 2024

In July, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 1 CHARLES STREET LTD 13374171190324 LTD 170 WHITEHORSE LTD 3 FUTURES LTD 3 KH LTD A.A. MASTERNAK TRANSPORT LTD A.C DUCTWORK SERVICES LTD AAT LAB LTD ACCOUNTANT4ALL LTD ACT PRODUCTS LTD ADAM REED LTD ADISEL LTD ADVANCE…

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INSOLVENCY NOTICES: Appointment of Administrators – May 2024

In May the following administration notices were issued and advertised in the London Gazette for the following companies: 8-10 DOVER STREET LTD ABRA WHOLESALES LTD ADEN & ANAIS LTD ALPHA ANODISING UK LTD ANNA MASON LTD APPLE INVEST LTD AQUAPARK DEVELOPMENTS LTD ARJ CONSTRUCTION PROPERTY LTD ATLANTIC STEEL PROCESSING LTD AXE EDGE BARS LTD BOMBSHELL…

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INSOLVENCY NOTICES: Winding Up Petitions – May 2024

In May, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 02262749 LTD 07271389 LTD 13997104 LTD 1966 ENTERTAINMENT LTD 2GR LLP A H T ROOFING AND CONSTRUCTION LTD ABBITECH LTD ACCESS OPERATORS (AXS OPS) LTD ACCUMINE SERVICES LTD ACTIVE DYNAMIC LTD ADVANCED ONCOTHERAPY PLC AIRPORT PERISHABLE HANDLING…

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Fraudster jailed for breaching Director ban

29th April 2024 Insolvency | #fraud#insolvency

A Cumbrian man who pleaded guilty to fraud, disregarding a director disqualification and breaching a bankruptcy order has been jailed. Adam Kirkbride was sentenced to four years in prison when he appeared at Newcastle Crown Court. Kirkbride, of Cobble End, Bassenthwaite, Keswick, was also further banned as a director until April 2036. The 32-year-old abused…

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INSOLVENCY NOTICES: Appointment of Administrators – November 2023

In November the following administration notices were issued and advertised in the London Gazette for the following companies: 123TEACHERS LTD ABBEY OFFICE SOLUTIONS (HAMPSHIRE) LTD ABBOTSFIELD METALS LTD ACTUAL EXPERIENCE PLC ADM PRECISION TOOLS LTD ANGLO-ITALIAN ENTERPRISES LTD C J SERVICES UK LTD CAPREOLUS FINE FOODS LTD CCTV MONITORING LTD CEMINVEST LTD CENTRAL ESSEX INTERIORS…

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Former CEO of Carillion disqualified for 8 years

9th October 2023 Insolvency | #insolvency

The former boss of failed outsourcing and construction company, Carillion has been banned by the Insolvency Service from leading a business for 8 years. Richard Howson, who was the Chief Executive Officer of Carillion Plc until 10th July 2017, Carillion collapsed in January 2018 amid debts worth £7 billion, leaving a string of projects in its wake across…

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Four charged over Patisserie Valerie collapse

15th September 2023 Insolvency | #fraud#insolvency

The Serious Fraud Office (SFO) has brought fraud charges against four individuals, including a former director, who oversaw the financial failure of a chain of almost 200 high street bakeries. The SFO has charged former director and Chief Financial Officer of Patisserie Holdings Plc for 12 years, Christopher Marsh, and his wife, accountant Louise Marsh,…

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Insolvency firms face new regulation in government changes

11th September 2023 Insolvency | #insolvency

Insolvency firms face being formally regulated for the first time under reforms to be announced next week that will nevertheless fall short of a pledge to establish a new regulator according to Sky News. The news service says it has learnt that the Insolvency Service, which is part of the Department for Business and Trade,…

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