Receivership & administration
Sadly, shortest month sees no shortage of business failures
February’s listicle once again highlighted several struggling and closing print businesses, although there was still room for Walstead’s powerful new CEO Debbie Read, plus the tale of a major cannabis...
The collapse of Communisis
Forged in the heady days of the early noughties, Communisis looked like it would dominate the communications market. It never quite fulfilled its potential, but what was behind its demise?
End of the line for Greenshires
Greenshires Group has gone into administration, with all employees laid off.
Works Manchester leaves huge shortfall
Works Manchester racked up a PAYE liability with HMRC of more than £600,000 during its short-lived and ultimately disastrous ownership by PFI Group.
Company owner handed 11-year ban
The owner of a small signage business has received a lengthy ban for breaching the conditions of the Bounce Back Loan scheme.
Third family member barred over BBL
A third member of a family-controlled publishing business has received a lengthy ban for providing false information in order to receive a Bounce Back Loan.
Surepak enters administration; looks for buyers
Nottinghamshire packaging firm Surepak has entered administration after growing overheads – including a 425% hike in its electricity bill – cut into its cashflow.
Greenshires Group files NOI
The future for Greenshires Group is unclear after the business filed a Notice of Intention to Appoint Administrators.
Raft of McMurray firms flagged for overdue filings
A dozen ‘active’ businesses where PFI Group CEO Darren McMurray is listed as a director are now flagged as having overdue filings at Companies House.
Barclay family accelerate Yodel sale to avoid administration
The Barclay family, owners of The Daily Telegraph, have accelerated efforts to sell Yodel, according to reports.