Browsing: administration News
ISG’s fit out business has added £111.4m to the supply chain debt, raising the company’s total debt to over £301m.20 companies are owed more than £1m…
Seventynine Lighting, an ISG subcontractor, has entered administration following the collapse of a major contractor.Administrators cite the failure of ISG as a primary cause, leaving Seventynine…
Scunthorpe-based Intake Transport has indicated a potential move towards administration due to prevalent challenges within the UK steel industry.For nearly three decades, Intake Transport has played…
ISG, a notable contractor, faces severe financial turmoil resulting in significant losses.Administrators reveal £190m in supply chain losses across ISG’s collapsing subsidiaries.ISG’s construction, retail, and engineering…
Azets has been named as the joint administrator for Completely Motoring, indicating a significant step in managing the group’s current challenges.Completely Motoring, an established name in…
Architectural steelwork group MFG Holdings has entered administration, prompting a significant shift in its operational landscape.Administrators are seeking buyers for three of MFG Holdings’ companies as…
PT Hire, a renowned truck hire company, has entered administration, primarily due to mechanical issues with its fleet. The company, based in Swadlincote, Derbyshire, faced mounting…
WFC Contractors, a firm with £45m turnover, has been acquired after entering administration.The Devon-based company was sold through a pre-pack arrangement to RW Group.Challenges such as…
Nestware, owner of Carpetright, incurs a £10.8m loss following The Floor Room’s administration.The Floor Room’s closure in August resulted in 201 job cuts and ceased its…
Nestware, the parent company of Carpetright, has been dealt a substantial financial blow.Following the administration process of The Floor Room, Nestware faces a significant loss.Nestware, the…
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