Socceroo star Steve Horvat’s family company pushed into liquidation on the eve of Western United heading into A-League finals

The family company of former Socceroo Steve Horvat has been pushed into liquidation in a development that will send shockwaves through A-League club Western United on the eve of the competition’s finals series. Nathan Deppeler and Scott Andersen from Worrells were appointed liquidators of Horvat’s family company Sava Engineering on Monday, after a meeting of…

Belgian Gerry Weber branch bankrupt as well

© r.classen / Shutterstock.com A month after its German parent company went bankrupt, the Belgian Gerry Weber is closing its 24 stores as well. This did not come as a surprise: just like its German counterpart, the Dutch branch had already been declared bankrupt as well. Long-term problems After several of its German companies went bankrupt…

Monthly Insolvency Statistics: March 2025

​ March 2025 had 1,992 registered company insolvencies in England and Wales, which was 9% more than the same month the year before (1,826 in March 2024) but 2% fewer than February 2025 (2,032). Though they have remained high in comparison to historical levels, company insolvencies over the last 12 months have been marginally lower…

Business insolvencies fall by 2%

Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales decreased by 2.9% in March 2025 to a total of 1,992 when compared to February 2025’s total. Business insolvencies increased by 9.1% when compared to March 2024’s figure of 1,826  than the same month in the…