A bus operator providing services across Nottingham and Nottinghamshire has will continue trading after confirming it has entered a company voluntary arrangement (CVA). Community Transport for Nottingham (CT4N) announced last week it was looking to enter an insolvency process due to “challenging trading conditions”. The decision was unanimously approved by voting creditors, and means 75…
The retailer had an online store which is no longer available to visit and physical shops in Glasgow, Dunfermline and Aberdeen – all of which are now closed. Kenny’s Music Glasgow enters voluntary liquidation Despite achieving its best-ever like-for-like sales in 2025, sharp rises in costs and drop in margins has made trading unsustainable, Alex…
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. An update from ST Group Food Industries Holdings Limited ( (SG:DRX) ) is now available. ST Group Food Industries Holdings Limited has announced the creditors’ voluntary liquidation…
Sisters Karen Mortimer, 67, and Joanna Seawright, 54, became directors of 138 failing companies without verifying their financial positions, failing to investigate the location of more than £42m in assets, and leaving creditors £67m in debt. When the Insolvency Service launched an investigation, Mortimer and Seawright did not dispute their misconduct and agreed to be…
The number of construction companies in “critical” financial distress has soared in the past 12 months, according to an insolvency specialist. Begbies Traynor said that the number of construction sector firms in its worst financial category rose to 7,361 in the third quarter (Q3) of 2025, compared with 4,324 at the same point in 2024…
In a recent ruling, the National Company Law Tribunal ( NCLT ), Mumbai Court-II, allowed an application under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, ordering the liquidation of Unitech Transformers Pvt. Ltd. based on an application filed by the Resolution Professional. The application was filed by Resolution Professional, Mr. Pravin R. Navandar,…
MT Educare Discloses Rs 32.33 Crore Default Amid Ongoing Insolvency Process scanx.trade Read the original article here
Once a beloved destination for dessert lovers, Singapore’s bakery cafe chain, Twelve Cupcakes, has entered a temporary state of liquidation. This unfortunate circumstance has led to the immediate closure of all its 20 establishments and the termination of approximately 80 employees. The announcement, made on October 29, marks the end of a 14-year-long chapter in…
Aban Offshore Enters Corporate Insolvency Resolution Process, IRP Appointed scanx.trade Read the original article here
REVEALED: Latest business liquidations in Wyndham Herald Sun Read the original article here