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.
Pinnacle Angelgate Ltd goes into administration
The Angelgate development was devised to provide luxury apartments in the heart...
Administration for Woolston Warehouse Developers
North Park (Bradford) Limited was set up as a consortium to carry out the first...
Monarch Goes into Administration
Monarch Airlines ceases trading disrupting holiday plans for thousands
On 2...
Rare London goes into administration
Rare London, the celebrity-backed fashion brand, has entered into...
Primary Care People owes GPs thousands after entering administration
Primary Care People, a medical staffing agency, has fallen into administration...
J Bryan (Victoria) Ltd goes into administration
J Bryan (Victoria) Ltd., the family-owned demolition firm, has entered...
Store Twenty One goes into liquidation
Store twenty one, the discount fashion chain based in Solihull has gone into...
Promac solutions have called in administrators
A machinery supplier based in Berkshire by the name of Promac solutions have...
Vertu considers a pre pack administration
Vertu is a luxury phone maker, previously owned by Nokia, with devices ranging...
GGI Office Furniture goes into administration
The Lancashire-based company GGI Office Furniture has gone into administration,...
Lehman Brothers' creditors to receive additional £5bn
Creditors of Lehman Brothers International Europe (LBIE) will receive £5bn in...
iCandy goes into administration due to cash flow problems
iCandy has gone into administration due to cash flow issues that have persisted...
The Ultimate Guide For Worried Directors
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