Insolvency News 16 of 18

Manufacturing Company Insolvency Increase

Manufacturing company insolvency has seen a significant increase, as companies are winding up across the country, fresh data from Exaro has shown. June saw the number of companies within the manufacturing sector which filed for insolvencies drastically climb from 168…

Cable To Launch Probe Into Comet Liquidators

Business Secretary, Vince Cable, has brought the hammer down on the liquidators who handled the winding-up of an electrical retail chain, Comet, more than a year and a half after its folding. Yielding the loss of roughly 7,000 jobs, the…

Unipart Automotive Enters into Administration

Unipart Automotive, one of Britain’s biggest providers of second hand vehicle parts, is set to enter company administration after their endeavour to find a buyer to purchase the whole company failed. KPMG representatives Mark Orton, Will Wright and Jonny Marston…

Administration ~ Sale of Troubled Furniture Firm

Having ventured into administration last month, Corndell Furniture Company has been purchased by and subsequently amalgamated with newly created company, Corndell Quality Furniture. The restructuring firm charged with overseeing the administration, have confirmed that all assets have been successfully moved…

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