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.
Missguided in Administration Threat
Missguided, the online fashion retailer made famous by its association with Love...
KSA Group Saves 25 jobs after pre-packaged administration sale
Eric Walls and Wayne Harrison are delighted to announce the sale of a 40 year...
Morrisons Is To Buy McColls in A Pre Pack Administration
Update 09 May 2022
Morrisons rescues McColls in a Pre Pack Administration...
Studio owed over £80m when it collapsed into administration
Update as of 15 March 2022
It has been found out today that when Studio fell...
Dawnfresh Group in Administration
Dawnfresh Group, Scotland's largest trout producer, has gone into administration...
Energy Suppliers That Have Gone Bust
21 February 2022
Whoop Energy which was introduced as a “small, independent...
Digme Fitness In Administration Move
Digme Fitness is set to have administrators called in as business takes a...
The Wolseley restaurant’s owner, Corbin & King, has been forced into administration
The restaurant firm behind celebrity hotspots The Wolseley and The Delauney has...
Administration for designer brand, Roland Mouret
Fashion brand, Roland Mouret has collapsed into administration, with the...
Affiniti Finance in Administration
Administrators have been appointed to Affiniti Finance Limited one of the...
Mount Group Student Natex Limited Goes Into Administration
Mount Group Student NatEx Ltd which is behind a part-built, huge Liverpool city...
UK arm of International Currency Exchange collapses
The UK arm of currency exchange provider, International Currency Exchange (ICE),...
The Ultimate Guide For Worried Directors
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