Grays.com into VA as new owners deal with debt load

Posted By: Peter Gosnell 8 October 2025 McGrathNicol partner Damien Pasfield. McGrathNicol executive chairman Jason Preston. It’s difficult to think of the placing of Grays.com into voluntary administration (VA) as anything but a pre-planned step by the online auction house’s new owners to swallow as painlessly as possible Grays’ scarcely digestible debt load. Having concluded…

Heavers of Bridport enters liquidation after 65 years

A long-standing business which has served the area for more than six decades has entered liquidation, it confirmed tonight. Heavers of Bridport, a family-run business, has been opening for 65 years but will pause all pending customer contracts from tomorrow, it said. It cites ‘many mounting pressures’, including supply issues, significant rises of utilities, business…

Uncle Nearest Gets An Optimistic Report Under Receivership: ‘The Company Has Significant Value And Can Be Reorganized’

Weeks into a court-supervised receivership, Uncle Nearest — the whiskey brand founded to honor the legacy of Nearest Green — is showing signs of stabilization. In a recent filing, court-appointed Receiver Phillip G. Young Jr. described the company’s prospects as “very good,” signaling confidence that the brand can be reorganized rather than liquidated, as the…