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The Latest Breaking News from Begbies Traynor

Jobs lost as Team Valley manufacturer CPS Drivelink falls into administration

The firm had suffered changes in the automotive parts market where motor factors have switched from buying from intermediaries

Birmingham Post

Love Island's Paige's fury as fashion firm goes into liquidation owing thousands

Forever Unique, a fashion firm which has also worked with Holly Willoughby, Amanda Holden and Charlotte Dawson, has gone into liquidation and it is claimed it could cost Paige Thorne thousands

Daily Mirror

Company behind Real Housewives of Cheshire star Seema Malhotra's Forever Unique collapses

The brand's clothes have previously been worn by the likes of Holly Willoughby and Kate Middleton

Manchester Evening News

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Firm behind Real Housewives of Cheshire star Seema Malhotra's Forever Unique collapses into liquidation

Forever Unique brand remains open as Begbies Traynor said 'all options had been explored' to keep trading company open

Birmingham Post

Paperchase to close all remaining stores next week

Paperchase is currently in the midst of closing its stores after falling into administration earlier this year.

Evening Standard

Fife boutique venue Lomond Hills Hotel goes into liquidation with all staff made redundant

A historic boutique hotel in Fife has been placed into liquidation with all staff losing their jobs. Ken Pattullo and Kenny Craig of Begbies Traynor have been appointed as joint liquidators of the Highlander Hotel Ltd, which traded as the Lomond Hil

Insider UK

Paperchase administration to boost Begbies Traynor

Begbies Traynor has told investors that its financial performance in the three-month period has been in line with the first half of its year

Birmingham Post

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'Plans to reform English football are a game changer - but there's more to do'

Last year’s Football Distress Survey, run by corporate rescue specialists Begbies Traynor, showed 31 clubs in the league – 43% of the total – were in financial distress

Daily Mirror

Paperchase shoppers warned to spend vouchers within DAYS after chain's collapse

Paperchase shoppers have been advised to use up their gift cards as soon as possible, with February 14 being the last day they’ll remain valid - here is everything you need to know

Daily Mirror

New Worcester Warriors owners confirmed as crisis-hit club looks to move forward

Former Premiership rugby club Worcester Warriors is officially new ownership after the Atlas consortium completed its takeover of the team following last year's move into administration

Daily Mirror

Warriors taken over by consortium including ex-Worcester chief executive Jim O’Toole

The club entered administration earlier this season, resulting in their expulsion from the Gallagher Premiership.

The Independent UK

Tesco buys Paperchase brand, but shops face closure

75 staff already made redundant at head office, with future of store staff uncertain

Insider UK

Tesco buys Paperchase brand but not shops, with 800 jobs at risk

Stationery retailer collapses into administration after rising costs and disappointing sales

The Guardian - UK

Paperchase Belfast stores at risk after company falls into administration

The company has 106 stores across the UK and Ireland, putting 820 jobs at risk

Belfast Live

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Manchester Evening News

Tesco buys Paperchase brand after retailer falls into administration - but more than 100 stores still at risk

The retailer was previously placed on the market by retail owner Steve Curtis

Evening Standard

Paperchase falls into administration with 106 shops at risk

It comes after Paperchase failed to secure a buyer after being placed on the market by retail veteran owner Steve Curtis

Birmingham Post

Hopes remain that Burleighs Gin will still be bought out of administration as scale of debts revealed

Newly released documents show Burleighs was £1.58m in the red when it went under at the start of December

Glasgow Live

'Wealthy' Glasgow businessman bankrupt after failing to repay £400,00 loan from nephew

Paisley Sheriff Court heard that retired Hugh King failed to repay the cash three years after Billy King Jr loaned it to him on the understanding it would be returned months later.

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Daily Record

Scots businessman made bankrupt by own nephew over £400,000 debt

Businessman Hugh King has been declared bankrupt after failing to replay a huge loan to his nephew Billy King Jr.

Birmingham Post

The thousands of Welsh firms in financial distress

Insolvency firm Begbies Traynor has released its latest quarterly Red Flag Alert report

Nottingham Post

Nottinghamshire carpet company with 5 shops 'taking steps' towards liquidation

The company, which has shops in Gedling, Mapperley, Arnold, Wollaton and West Bridgford, has entered the process of voluntary liquidation.

Birmingham Post

Steep rise in number of North East companies facing 'critical financial distress'

Research from restructuring and turnaround specialist Begbies Traynor indicates the end of 2022 saw more firms fall in to the category

Insider UK

Rising levels of distress detected among Scottish businesses

Latest data shows a 161% year-on-year increase in the number of businesses experiencing ‘critical’ distress

Birmingham Post

'Calm before the storm' warning as businesses told to brace for crippling impact of inflation

Energy bill support tapering off is a further red flag trigger for an embattled SME community according to recovery specialist

Nottingham Post

Paperchase future uncertain as brand potentially seeks new buyer

The stationery brand is in trouble less then six months after its last buyout

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