Administration Acquisitions News: 2009

Wed, 16 Dec 2009: Following a steep decline in revenues and increasing losses, Millard Consulting Group has appointed McTear, Williams & Wood. The administrators ai...
[more: Following a steep decline in revenues an...]

Mon, 14 Dec 2009: KPMG has been called into Coventry-based automotive supply business LIC Components due to difficult trading conditions in the current recession. 19 out of 40 staff have been rendered redundant, while the remaining jobs are at risk....
[more: KPMG has been called into Coventry-based...]

Mon, 14 Dec 2009: UK mobile games publisher Player One has entered administration after agreeing to be bought by ROK in October....
[more: UK mobile games publisher Player One has...]

Fri, 11 Dec 2009: The group of companies behind over 180 amusement arcades and gaming centres have entered administration....
[more: The group of companies behind over 180 a...]

Fri, 11 Dec 2009: London-based film distribution business Redemption Films Limited has gone into administration. Nick O'Reilly and Phil Armstrong of Vantis Business Recovery Services have been appointed as the joint administrators to the company which specialises in gothic horror, cult films, and ...
[more: London-based film distribution business ...]

Fri, 11 Dec 2009: Keighley Cougars, the semi-professional rugby league club based in West Yorkshire, is poised to enter administration after attempts had been made to have the club shut down over an unpaid tax bill....
[more: Keighley Cougars, the semi-professional ...]

Thu, 10 Dec 2009: Allan Graham and Jane Moriaty of KPMG have been appointed as administrators to Elizabeth Hotels Ltd, and its sister companies Cavendish Hotels Ltd and Elizabeth Estates (BS) Ltd. KPMG has in turn hired Colliers Robert Barry to manage the sale of the portfolio of 14 hotels, 11 of which are company-operated and 3 are leased out, and 13 public houses. The businesses employ 462 staff between them and are situated in East Anglia and Essex....
[more: Allan Graham and Jane Moriaty of KPMG ha...]

Thu, 10 Dec 2009: Champoinship rugby club Coventry RFC Ltd has been formally placed into administration. The joint administrators John Kelly and Bob Maxwell of Begbies Traynor are going to assess the club's financial situation and see if it has enough funds to continue. They are seeking new fun...
[more: Champoinship rugby club Coventry RFC Ltd...]

Tue, 08 Dec 2009: The contractors working on the expansion of the University Heslington East have been placed into administration....
[more: The contractors working on the expansion...]

Fri, 04 Dec 2009: Property developer RC Southampton Limited entered administration in February 2009. Geoff Rowley and Nick O'Reilly of Vantis Business Recovery wer...
[more: Property developer RC Southampton Limite...]

Fri, 04 Dec 2009: Rapid Response Press (RRP) has been placed into administration, with the loss of 41 jobs. Jason Baker and Nick O'Reilly of Vantis Business Recovery Services have been hired as the administrators, and aim to realise the value of the as...
[more: Rapid Response Press (RRP) has been plac...]

Fri, 04 Dec 2009: A large property portfolio owned by private investor Joseph Ackerman has been placed into receivership. The two portfolios, known as Liberty 1 and 2, were worth £175m at the peak of the market. GVA Grimley and Vail Williams have been appointed as LPA receivers to the freeholds and long leaseholds in Liberty 1 in England and Wales, while in Scotland a repossession process is under...
[more: A large property portfolio owned by priv...]

Thu, 03 Dec 2009: Tenon has been brought in to Preston-based First Legal Solutions to act as administrators. The busines had already ceased trading and the staff made redundant before the adminstrators' appoint...
[more: Tenon has been brought in to Preston-bas...]

Thu, 26 Nov 2009: Private hospital group Cawston Park Limited has been placed in the hands of Deloitte. One hundred members of staff are to lose their jobs. In June, the group's former chief executive Andrew Breeze and former finance director Dominic Wilson were found not guilty of conspiracy to defraud the NHS of &p...
[more: Private hospital group Cawston Park Limi...]

Thu, 26 Nov 2009: Multiple pub operator Mercury Inns has entered administration after Barclays refused to extend its lending to help it pay its tax bills. BDO Stoy Hayw...
[more: Multiple pub operator Mercury Inns has e...]

Thu, 19 Nov 2009: Holiday Options, the travel operator that specialised in Mediterranean breaks, has been put into administration after running for 16 years....
[more: Holiday Options, the travel operator tha...]

Tue, 17 Nov 2009: Yorkshire Marine Containers Ltd is up for sale after going into administration recently. The employees had worked a two-day week since September, and 66 redundencies were after the move into administration....
[more: Yorkshire Marine Containers Ltd is up fo...]

Fri, 13 Nov 2009: Ladies-only gym Gymophobics has closed down and entered administration. Chris Stirland and David Broadbent of Vantis have been appointed joint administrators to the Huddersfield branch of the franchise. The club's owners had found it very difficult to maintain membership sales. Current members have been informed that they are entitled to transfer part of their membership to another branch or to a similar, nearby gym, énerg...
[more: Ladies-only gym Gymophobics has closed d...]

Thu, 12 Nov 2009: Aircraft component supplier Aero Inventory plc and its subsidiary Aero Inventory (UK) Limited have been placed into adminstration after its backers withdrew its support of the ailing business....
[more: Aircraft component supplier Aero Invento...]

Wed, 11 Nov 2009: Printing business Kalas Gemini has been placed into administration and closed, with the loss of 40 jobs. Begbies Traynor has been appointed administrator to the Lincolnshire-based packaging printer, and is curently in discussion with a third party to sell part of the assets and lease the premises. The firm produced a variety of printed packaging for the food, horticultural and multimedia industries....
[more: Printing business Kalas Gemini has been ...]