Raleigh owner Accell Group enters insolvency proceedings

Accell Group, the Dutch owner of Raleigh bicycles, has entered court-supervised insolvency proceedings in the Netherlands after takeover talks collapsed, while Accell UK and Ireland has filed a notice of intention to appoint administrators. The group, whose brands also include Haibike, Lapierre, Ghost and Babboe, said in a statement that Dutch courts had granted a…

UK furniture company enters administration after 8 years

Furneo is a family business offering “quality furniture at affordable prices”. It operates a store in Buntingford and sells to customers across the UK through its website. The company, incorporated in June 2018, had built a positive reputation with a 4.2-star rating from 149 reviews on Trustpilot. Many customers praised its “excellent” products, service, and…

UK furniture company enters administration after 8 years

Furneo is a family business offering “quality furniture at affordable prices”. It operates a store in Buntingford and sells to customers across the UK through its website. The company, incorporated in June 2018, had built a positive reputation with a 4.2-star rating from 149 reviews on Trustpilot. Many customers praised its “excellent” products, service, and…

UK furniture company enters administration after 8 years

It operates a store in Buntingford and sells to customers across the UK through its website. The company, incorporated in June 2018, had built a positive reputation with a 4.2-star rating from 149 reviews on Trustpilot. Many customers praised its “excellent” products, service, and efficient delivery. Furneo falls into administration after 8 years Despite favourable…

UK furniture company enters administration after 8 years

Furneo is a family business offering “quality furniture at affordable prices”. It operates a store in Buntingford and sells to customers across the UK through its website. The company, incorporated in June 2018, had built a positive reputation with a 4.2-star rating from 149 reviews on Trustpilot. Many customers praised its “excellent” products, service, and…

Historic coin company enters administration after 20 years

The London Mint Office, which distributes commemorative coins and medals, appointed administrators on July 31 after 20 years in business. The company’s website now displays a message confirming the appointment of Michael Magnay and Jonny Marston of Alvarez & Marsal Europe LLP as joint administrators. A spokesman for Alvarez and Marsal said: “On July 31…