Administration News

Administrators hopeful of finding buyer for Bristol transport firm

Tue, 28 Jun 2022 | ADMINISTRATION
Bristol-based transport, trucking and railroad firm Toogood International Transport and Agricultural Services has fallen into administration. Its collapse was attributed to a difficult trading environment after Brexit and COVID, a... continue reading

Administrators seek buyer for listed pharmaceutical company

Mon, 27 Jun 2022 | ADMINISTRATION
Listed pharmaceutical firm 4D Pharma Plc has fallen into administration after a failed fundraising, in the wake of which its secured lender demanded the repayment of outstanding loans. James Clark and David Pike of Interpath Advis... continue reading

Administrators to market automotive supplier for sale

Tue, 21 Jun 2022 | ADMINISTRATION
Wolverhampton-based automotive supplier Minerva Industries UK has fallen into administration, with a buyer now being sought for the business and its assets. Interpath Advisory’s Chris Pole and Ryan Grant have been appointed ... continue reading

Administrators to sell assets after sportscar and autonomous vehicle firm collapses

Tue, 14 Jun 2022 | ADMINISTRATION
Westfield Sports Cars, a Kingswinford-based company that produces kit cars and self-driving vehicles, has fallen into administration, with buyers now being sought for the company’s assets. The company entered administration ... continue reading

Administrators seek to realise assets as online drinks retailer collapses

Fri, 10 Jun 2022 | ADMINISTRATION
Administrators will seek to realise the business and assets of online drinks retail and wholesale business Spirit.Ed Group following its collapse. The business, formerly 31Dover, collapsed as a result of a difficult trading period... continue reading

Oncology centres set to go up for sale as Rutherford Health enters liquidation

Thu, 09 Jun 2022 | ADMINISTRATION
Private oncology provider Rutherford Health has announced that it will apply this week to appoint the official receiver (an Insolvency Service officer), with the group poised to enter liquidation. Established in 2015, the group ha... continue reading

Administrators seeking buyer for fast fashion chain Missguided

Tue, 31 May 2022 | ADMINISTRATION
Administrators are seeking a buyer for the business and assets of fast fashion retailer Missguided after the company fell into administration. Earlier this year, Teneo was hired to explore options for the business, including a sal... continue reading

Administrators seek buyer for gourmet instant noodle brand

Fri, 20 May 2022 | ADMINISTRATION
Bournemouth-based instant foods brand Mr Lee’s Pure Food has been placed into administration and ceased trading following the death of its founder last year. Administrators from Kroll are now seeking a buyer for the company ... continue reading

Assets set to be sold as modular housing joint venture enters administration

Fri, 13 May 2022 | ADMINISTRATION
The US House Group modular housing joint venture has fallen into administration, with buyers set to be sought for various assets. The company, which operates a factory in Alfreton, Derbyshire, collapsed as a result of operational ... continue reading

Morrisons and EG Group in fight for McColl's

Mon, 09 May 2022 | ADMINISTRATION
Morrisons and EG Group have submitted bids for McColl's Retail Group, according to media reports. The two retailers are said to be “locked in a two-way fight” after Morrisons put in a final last-minute offer on ... continue reading

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