REVEALED: Latest business liquidations in Whittlesea – Herald Sun
REVEALED: Latest business liquidations in Whittlesea Herald Sun Read the original article here
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Major update on fate of 20-year-old firm that entered liquidation after ‘difficulties’
The firm had been hampered by the pandemic and flooding issues Frame Trade UK was based on Joshua Business Park in Langley Mill on the Nottinghamshire-Derbyshire border(Image: Google) Liquidators have revealed the fate of a 20-year-old firm that entered liquidation after Covid and flooding-related financial difficulties. Frame Trade UK, which made window frames from Joshua…
Corporate insolvency edges down 5% but creditor actions surge – Deloitte
Ireland recorded 618 corporate insolvency appointments in the first nine months of 2025, a 5% decrease on the same period last year, according to new figures from Deloitte Ireland. Quarterly activity remained steady, with 206 cases in Q1, 201 in Q2 and 211 in Q3. James Anderson, Turnaround & Restructuring Partner at Deloitte, said the…
Online clothes rental platform Style Theory shuts down; no refunds given to subscribers
SINGAPORE – Singapore-based online clothes rental platform Style Theory announced its closure on Sept 30, citing rising operating costs as one of the causes. The platform offers both one-time clothes and bags rental services, as well as membership plans that allow members to rent a fixed number of pieces per month for a monthly fee.…
Queue to wind up Gupta grows even longer – The Australian
Queue to wind up Gupta grows even longer The Australian Read the original article here
Smiths City voted into liquidation as creditors owed at least $25m – The Press
Smiths City voted into liquidation as creditors owed at least $25m The Press Read the original article here
Sobah Beverages goes into voluntary administration
Sobah Beverages has announced it has entered into voluntary administration, citing pressures and challenges within the craft brewing industry along with economic downturn more broadly. The completely alcohol-free beverage company was the one of the first of its kind in Australia, founded in 2017 by Dr Clinton Schultz and Lozen McDiarmid-Schultz. After eight years of…
Smiths City voted into liquidation as creditors owed at least $25m – Thepost
Smiths City voted into liquidation as creditors owed at least $25m Thepost Read the original article here
Auckland nanofibre firm Nanolayr enters voluntary administration process
The administrators were seeking expressions of interest from potential local and international buyers. They said Nanolayr owned “world-leading technology and assets” and the administrators expected strong interest from other companies. Nanolayr’s flagship 5500sq m manufacturing plant at Māngere Bridge produced nanofibre textiles at scale. “Nanolayr’s investors have been very supportive of the company’s potential as…