Talk to us today in confidence0800 970053907833 240747

News of Companies That Have Gone Bust in the UK

closing down sign

The listings included on this page are of companies that have gone into administration, CVA or liquidation.  It is not a definitive list but a summary of the major company failures in the UK. 

Why do companies go bust?

It should be noted that a company “failing” or closing down is not the same thing as one going bust. A failing business can be defined as one that has not been successful in its aims. If it can’t generate enough money to pay its owners/shareholders then it might just cease trading and the directors wind up the company. There are thousands of such ventures and many of the owners/directors have another go and may well go on to succeed.

Going bust is basically where the business cannot continue in its present form, as it owes too much money and the creditors want it back! These creditors can be; HMRC, Banks or other Lenders, Trade Suppliers.

It should also be noted that an insolvent company i.e one that owes its creditors more than it has in cash/assets, is not actually bust. It can continue as long as it has cash to pay for essential activities and no one is putting pressure on the business to repay the debt.

Administration Preparation for Oddbins Owners

Oddbins Goes Into Administration

Oddbins has gone into administration following their notice of intention earlier...

Read more

Bond Giant LC&F collapse, creating doubt for thousands of investors

Bond Giant LC&F collapse, creating doubt for thousands of investors

Bond giant, London Capital & Finance collapsed into administration, leaving...

Read more

374 jobs lost from building firm collapse

Dundee based building services contractor, McGill, has fell into administration....

Read more

Treds see red as they fall into administration

Treds see red as they fall into administration

Footwear retailer, Treds, fell into administration on 29th January 2019. PwC's...

Read more

Administration for Common People Festival

Administration for Common People Festival

Common People Festival, the company behind Oxford and Southampton summer pop...

Read more

Insolvency Statistics 2018

Insolvency Statistics 2018 show a small rise in corporate insolvencies but a big rise in individual insolvencies

According to figures released today, the number of people in England and Wales...

Read more

Miss Shoes Goes Into Administration

Online Retailer Miss Shoes Goes Into Administration

A Norwich-headquartered online fashion retailer has fallen into administration...

Read more

A Year On From Carillion's Collapse

A Year On From Carillion's Collapse

January 15th 2019, marks a years anniversary from the collapse of construction...

Read more

Dream Lodge Goes Into Administration

Dream Lodge Goes Into Administration

Dream Lodge, which operates holiday parks across East Anglia and other areas has...

Read more

Administration for Hawk Plant Hire Group

Administration for Hawk Plant Hire Group

Hawk Plant (UK) Limited and its subsidiaries, have fallen into administration.

...

Read more

Stoneywood Mill looks to appoint administrators

Stoneywood Mill looks to appoint administrators

Aberdeen paper mill look to appoint administrators

Sequana, the owners of...

Read more

Furniture Godfrey Syrett has gone into administration

Newcastle-based furniture manufacturer, operating from sites in Langley Moor and...

Read more

You are currently offline. Some pages or content may fail to load.