Administration News

Number of businesses in administration falls

Wed, 21 Apr 2010 | ADMINISTRATION
Aggressive cost cutting and improved cash management by firms has meant the number of businesses falling into administration dropped in 2010. The number of businesses that went into administration in the first quarter of 2010 was... continue reading

Wincanton Garden Centre slips into administration

Wed, 21 Apr 2010 | ADMINISTRATION
The manager of Wincanton Garden Centre says her company has fallen into the administration as a result of the closure of a nearby access road. The business is being sold by administrator RSM Tenon Recovery for £425,000. Don... continue reading

Over twenty jobs lost at Adventi as it falls into administration

Mon, 19 Apr 2010 | ADMINISTRATION
Scottish IT services firm Adventi has fallen into administration with the loss of 22 of its 44 staff. The firm, which specialises in IT consultancy, support and installation services for public and private clients, has appointed ... continue reading

Bone Group calls in receivers

Fri, 16 Apr 2010 | ADMINISTRATION
Steel contractor, Bone Group Ltd, has fallen into receivership and Blair Nimmo and Gary Fraser of KPMG have been named joint receivers. The Lanarkshire firm has been forced to make 113 redundancies after suffering from a fall in ... continue reading

Administrators to sell assets of Glasgow furniture business

Wed, 14 Apr 2010 | ADMINISTRATION
Trade Style Cabinets has gone into administration, having been hit by the recession and the housing market downturn. Up to 50 of the 80 staff have been made redundant. Blair Nimmo and Tony Friar of KPMG have been called into the ... continue reading

Pure Organics Limited enters administration

Wed, 14 Apr 2010 | ADMINISTRATION
Amesbury-based organic food producer Pure Organics Limited has entered administration after suffering from severe trading conditions and cash flow problems. About 80 jobs have been lost as a result of the move at the business, wh... continue reading

Wine company owner calls in the administrators

Mon, 12 Apr 2010 | ADMINISTRATION
Leeds-based online wine business Mardenis Ltd has entered administration after the director signed a notice of intention to appoint Armstrong Watson as administrators, as of 26 March. Mardenis Ltd, which operates Surpluswine.co.... continue reading

Manyoo admits defeat over Salford development - KPMG called in

Thu, 08 Apr 2010 | ADMINISTRATION
Developer Manyoo LLP has fallen under the administration of KPMG after failing to finish building its major residential project on Salford Quays. The firm is a joint venture between Leeds-based developer KW Linfoot, which is alre... continue reading

Trade Style Cabinets falls foul of recession

Wed, 07 Apr 2010 | ADMINISTRATION
Glasgow’s Trade Style Cabinets has fallen in receivership with the loss of 50 of its 80 employees. The recession has hit the furniture business hard as a result of the downturn in the housing market and the recession in gen... continue reading

14 jobs go at Your Space Ltd as administrators called in

Tue, 06 Apr 2010 | ADMINISTRATION
Your Space Ltd, the serviced office provider, has fallen into administration and 14 jobs have been lost as a result. Deloitte’s Daniel Butters and Bill Dawson were appointed as administrators on 26 March. The firm’s s... continue reading

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