News
A lot of the work we do never hits the headlines because as you would expect from a trusted professional advisor, we maintain strict client confidentiality. However, statute requires that some insolvency work is firmly in the public domain and where we can we like to share our expertise.
Click on a headline below to read the full article.
Worldwide Solutions becomes latest distribution casualty
Auto-ID specialist Worldwide Solutions has become the latest UK distributor to hit the wall. The Bromsgrove-based outfit informed creditors in a lette... Read more
Buying a distressed business
As briefly mentioned in last month’s newsletter, this month we look at the opportunities that arise from buying a distressed business. Chris McKay, a... Read more
Fallen Worldwide Solutions seeks buyers
A for sale sign has been staked in the front yard of fallen distributor Worldwide Solutions ahead of its liquidation next week. Business rescue fir... Read more
Hopes for sale at Norfolk sports car firm
Administrators have been appointed at Norfolk-based manufacturer of hand-built sports car manufacturer Breckland Technology. The company’s new Beira... Read more
A pre-pack lightens the load for Cobra
It is a long walk up the tourist path to the summit of Ben Nevis.If you are a lucky entrepreneur with time to spare, you keep an eye on the weather, d... Read more
Screen Technology goes into administration
The rollercoaster ride for shareholders in Screen Technology has come to an end, with the company going into administration this week. Listed on AI... Read more
Surge in Norfolk companies going under
The number of Norfolk companies falling victim to the recession has soared this year, despite some signs the economy could be starting to recover.... Read more
Director steps in to save Yarmouth firm
A director has stepped in to save his own Yarmouth company and 24 jobs after it went in administration last month. Ian McCreadie has spent hundreds... Read more
Screenprint Plus goes into administration
Screenprint Plus, a division of the SPP Group, has gone into administration putting the jobs of up to 170 staff at risk. Administrators Andrew McTe... Read more
Jobs woe for Dereham car firm
Efforts are under way to find a buyer for a Dereham sports car manufacturer which has gone into administration with the loss of 16 jobs. Breckland... Read more
Luck, clear vision and sheer hard work lead to success
When starting a new business, having a little luck may be as important as coming up with good ideas and finding the right people. The founders of b... Read more
Screenprint Plus bought out of administration by director's new company
Screenprint Plus, a division of the SPP Group, has been bought out of administration by former director Ian McCreadie's new company Rencourt. The s... Read more