The unfortunate saga of Overum, the Swedish plough manufacturer, has taken a new twist with it being declared bankrupt by its latest owners, FairCap, the German investment company based in Munich. Faircap purchased the company from New Holland in April of last year, as the tractor manufacturer appeared to back away from its ambition of…
Company collapse and tax nightmare The bankruptcy is rooted in the collapse of Barnes’ now-defunct business, John Barnes Media Limited. Liquidators revealed staggering debts, including nearly £777,000 owed to HMRC in unpaid VAT, National Insurance and PAYE. On top of that, Barnes’ company still had £461,849 in unsecured debts and a £226,000 director’s loan hanging…
Company collapse and tax nightmare The bankruptcy is rooted in the collapse of Barnes’ now-defunct business, John Barnes Media Limited. Liquidators revealed staggering debts, including nearly £777,000 owed to HMRC in unpaid VAT, National Insurance and PAYE. On top of that, Barnes’ company still had £461,849 in unsecured debts and a £226,000 director’s loan hanging…
Liverpool legend John Barnes declared bankrupt after company racks up £1.5m debt MSN Read the original article here
Former Liverpool great John Barnes John Barnes has been declared bankrupt after running up debts of more than £1.5m through his media firm. A bankruptcy order was issued in the High Court of Justice last week before being published in the London Gazette on Tuesday. Read the original article here
The number of new Irish start-ups rose by 11% year-on-year in the third quarter of 2025, according to the latest figures from credit risk analyst CRIFVision-net. The data points to strong entrepreneurial confidence across the country, even as financial pressures intensify in the wake of tariff-related uncertainty. The report shows that fresh firms are emerging…
YT Industries is a brand that quickly made its name in the cycling industry for providing accessibly priced bikes for ‘young talent‘. From there, the brand sponsored many a successful athlete, such as Vali Holl and Andreu Lacondeguy, both of whom rode YT bikes to achieve incredible results. Oh, and remember the ad that starred Christopher Walken?…
John Barnes Declared Bankrupt Amid Financial Struggles: What Led to the £1.5 Million Debt? Former Liverpool football star John Barnes has recently faced a significant financial setback, being declared bankrupt after his company accumulated a staggering debt of £1.5 million. This development has raised questions about the financial management of sports legends and the often-hidden…
Liverpool Legend John Barnes Declared Bankrupt Amidst £1.5 Million Debt Crisis John Barnes, the iconic former Liverpool winger, has recently been declared bankrupt after his business faced a staggering £1.5 million in debt. This development not only sends shockwaves through the football community but also highlights the financial challenges that retired athletes can face post-career.…
John Barnes has been declared bankrupt after running up debts of more than £1.5m through his media firm. A bankruptcy order was issued in the High Court of Justice last week before being published in the London Gazette on Tuesday. The issue stems from his now-liquidated company John Barnes Media Limited, of which the Liverpool…