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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.

Office Outlet Goes Into Administration

Office Outlet Goes Into Administration

It was just six months ago that insolvency proceedings were underway for the...

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BetterBathrooms Have Gone Into Administration

BetterBathrooms Have Gone Into Administration

BetterBathrooms, the greater Manchester Headquartered retail firm, has ceased...

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Threat of Administration for Notts County Football Club

Threat of Administration for Notts County Football Club

The worlds oldest football league club, Notts County, risk going into...

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Administration for slipper brand Mahabis

Administration for slipper brand Mahabis

What a way to start the year!!

Luxury slipper brand, Mahabis have fallen into...

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Crawshaw Butchers Collapses into Administration

High street butcher chain, Crawshaw, calls in administrators after failing to...

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Coast Collapse into Administration

Coast becomes the latest fashion chain to collapse into administration.

Last...

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JD Classics enter AdministrationJD Classics enter Administration

JD Classics Goes Into Administration

Administrators Alvarez and Marsal Europe LLP have been appointed to work with JD...

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Bolton Wanderers To Go Into Administration

Update : Bolton Wanderers No Longer Face Administration

Update : 13.09.18 : Ken Anderson has announced that Bolton Wanderers are no...

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Pastry Manufacturer Ceases Trading

Pastry Manufacturer Ceases Trading

Last month, Freshpack Ltd went into administration. The Alsager-based, frozen...

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Gin Festival goes into administration and tickets will not be refunded

Gin Festival goes into administration and tickets will not be refunded

The Ginfestival.com has gone into administration with the loss of 27 jobs and...

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Hummus Bros has gone into administration

Hummus Bros has gone into administration

Hummus Bros has gone into administration

In a blow to the so-called “hipster”...

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All jobs rescued as Rollingsons Solicitors enter administration

All jobs rescued as Rollingsons Solicitors enter administration

Despite having had to enter administration, all jobs at Rollingsons Solicitors –...

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