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.

See this page on Help for Companies affected by Coronavirus. It will be updated daily.

All jobs saved after British Thornton enters administration

All jobs saved after British Thornton enters administration

Administrators have announced a deal that will save all jobs at British Thornton...

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Barbecoa in Administration

Barbecoa in Administration

Jamie Oliver's business venture Barbecoa with the American barbeque "expert"...

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Feather and Black logo

Feather and Black go into administration

Feather and Black, the luxury bedding firm, follows MultiYork furniture business...

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Multi York Goes Into Administration

Multi York Goes Into Administration 550 Jobs at Risk

550 UK jobs are at risk as the luxury furniture manufacturer Multi York has...

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Lakesmere Group Goes Into Administration

Lakesmere Group, the building envelope contractor, will shed 109 jobs as it...

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Sugar Beet Contractor M&J Haulage has entered administration

UK’s leading sugar beet contractor goes into administration

M&J Haulage entered...

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Pinnacle Angelgate Ltd goes into administration

The Angelgate development was devised to provide luxury apartments in the heart...

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Administration for Woolston Warehouse Developers

North Park (Bradford) Limited was set up as a consortium to carry out the first...

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Monarch Goes into Administration

Monarch Airlines ceases trading disrupting holiday plans for thousands

On 2...

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Administrators save 1400 jobs

Employee redundancies are a regrettable part of most insolvency proceedings. In...

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Rare London goes into administration

Rare London, the celebrity-backed fashion brand, has entered into...

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Primary Care People owes GPs thousands after entering administration

Primary Care People, a medical staffing agency, has fallen into administration...

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