News

Lomond Homes placed into administration

Fri, 18 Jan 2013 | ADMINISTRATION
Scottish house builder Lomond Homes entered administration on 17th January in the evening after being unable to meet Fife Council’s demand for debt payments. While it is thought that Lomond Homes has a total of over £... continue reading

Tui Travel in merger speculation

Thu, 17 Jan 2013 | MERGER
Tui Travel has become the centre of speculation regarding a potential merger between itself and its parent company, Tui AG. The business confirmed in a statement that its independent directors have “recently received an ap... continue reading

Montgomery Litho (Glasgow) rescued in MBO

Thu, 17 Jan 2013 | MBO/MBI
Book and digital printer Montgomery Litho (Glasgow) has been saved from administration after being purchased in a management buyout deal. Newly created company McAllister Litho Glasgow bought the trade and assets of Montgomery af... continue reading

Swindon Town FC rumoured for administration

Thu, 17 Jan 2013 | ADMINISTRATION
Focus has been firmly on the high street so far this year due to the number of high profile businesses in administration. However, trouble is brewing in other sectors, including the football world. Swindon Town FC is the latest t... continue reading

Commercial property to become boutique hotel

Wed, 16 Jan 2013 | COMMERCIAL PROPERTY
What was once a commercial property operating as the East Dunbartonshire Council office building is to be transformed into a boutique hotel. Boclair House, located at the bottom of Boclair Hill, came on the market last January fo... continue reading

Blockbuster enters administration

Wed, 16 Jan 2013 | ADMINISTRATION
Video and games rental company Blockbuster has joined the ranks of established high street names and entered administration. We've already seen Jessops and HMV appoint administrators this year, while Comet finally bit the bu... continue reading

Sony Centre parent company in administration

Wed, 16 Jan 2013 | ADMINISTRATION
Raresupply Limited, which trades under the name of Sony Centre, has been placed into administration. Based in the East Midlands, Raresupply has been selling computers, TVs and other electrical goods for 25 years and has a workfor... continue reading

Dudmans placed in administration

Wed, 16 Jan 2013 | ADMINISTRATION
A cement supplier has been placed in administration after struggling to maintain its cash flow. Dudmans is an independent aggregates, ready mix and cement supplier based in Sussex. It was born out of a haulage business more than ... continue reading

HMV set to enter administration

Tue, 15 Jan 2013 | ADMINISTRATION
HMV is to enter administration after confirming that it will call in administrators from Deloitte today (Tuesday, 15 January). The high street music and video retailer issued a statement last night, explaining that it has been un... continue reading

La Senza in liquidation

Tue, 15 Jan 2013 | ADMINISTRATION
Troubled women’s lingerie retailer La Senza is being liquidated, despite being rescued in a pre-pack administration early in 2012. KPMG took care of the business’ administration procedure at the time, and David Standi... continue reading

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