Browsing: Insolvency News
Today’s update brings notable changes in the accountancy sector, impacting businesses and professionals alike.RMT Accountants’ acquisition of KSA Group marks a pivotal shift, enhancing its focus…
The collapse of a Northamptonshire haulage firm has left nearly £1 million in outstanding debts to almost 100 creditors.CTS Transport Group ceased trading in August after…
Quantuma has taken a crucial step as joint administrators for GS UK Limited, a long-standing player in the UK’s textile industry. The move comes amidst ongoing…
The collapse of eight ISG companies has unveiled liabilities exceeding £800 million, impacting staff, creditors, and HMRC.EY-Parthenon was appointed as the administrator for the distressed entities…
Begbies Traynor appointed as Liquidators of Kettle Home Ltd, leading to staff redundancies
Significant developments have been reported concerning the Corby-based wholesale furniture company, Kettle Home Ltd.All employees, numbering 80, have been made redundant due to insolvency issues.Begbies Traynor…
Armstrong Watson has appointed Lindsey Cooper as a restructuring and insolvency partner, reinforcing their regional presence.Lindsey Cooper brings over 30 years of experience and was a…
The shutdown of Builders’ Merchant Company marks a notable end to almost a century of service in the construction supply industry.Founded in 1928, the company faced…
Recent figures indicate a worrying surge in UK corporate insolvencies, marking a 30-year high.In 2023, corporate insolvencies in the UK rose by 14%, reaching over 25,000…
The collapse of ISG has cast a shadow over the construction industry, though recent data reveals a more nuanced picture.Despite ISG’s failure, the latest data from…
An award-winning Indian restaurant, iNaga, located in West Wickham, has faced serious legal and financial repercussions after employing illegal workers. The restaurant’s former director, Mohammed Miah,…
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