Just a quick note to say a big thank you to all the staff at KSA, our CVA was passed today by creditors voting in an overwhelming number including HMRC to accept the proposal as prepared by KSA.
The road to reach today’s conclusion has been bumpy, but at each stage your team has supported and guided us through the issues and we have reached a very satisfactory outcome to the benefit of customers, staff, all creditors and shareholders.
News of Companies That Have Gone Bust in the UK

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. Once a company has a winding up petition issued against it this tends to crystallise the situation.
Monthly Insolvency Statistics: November 2021
The Insolvency Service publish the twentieth release of its monthly series to...
Poundstretcher's approved CVA leads to more than 60 of its landlords serving notice
7th December 2021
The budget retailer recorded sales of £140 million in the six...
Administration for designer brand, Roland Mouret
Fashion brand, Roland Mouret has collapsed into administration, with the...
Digital GP Platform, Push Doctor, considers a pre-pack
Push Doctor, the digital GP platform backed by taxpayers, nears administration.
...30% More Haulage Businesses Went Bust Between July and October 2021 Than Did in The Same Period 2019
In exclusive research by KSA Group, published on its website...
Creditors Approve Jigsaw CVA
22 November 2021
Jigsaw’s suppliers have filed claims for £47million after the...
Monthly Insolvency Statistics: October 2021
The Insolvency Service publish the nineteenth release of its monthly series to...
Affiniti Finance in Administration
Administrators have been appointed to Affiniti Finance Limited one of the...
The Covid Recovery Loan Scheme Extended
The Recovery Loan Scheme.
What is it?
The Recovery Loan Scheme (RLS) is a new...
How Has End Of Furlough Affected Struggling Businesses?
Now that the Furlough Scheme is well and truly finished and is unlikely to be...
O’Keefe Construction (Greenwich Ltd) Has Won £8m Contracts Post CVA
Update 3rd November 2021
Civils contractor O’Keefe group has won two new...
GBG International nears administration
News has been released that Global Brands Group is close to administration, as...
The Ultimate Guide For Worried Directors
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