Jul 3, 2025 (Credit: TotalEnergies) The TotalEnergies West of Shetland offshore assets it agreed to sell to Prax Group last year remain under the French oil major’s ownership, it said on Wednesday, so will not be subject to disposals resulting from liquidation proceedings affecting the British company. “The transaction to sell our…
A Totton-based baby food manufacturer is set to be liquidated, leaving staff “devastated”. Nourisher, which produces locally-sourced yoghurts, soups, and tray meals, is facing a resolution to wind up the company. The products made by the firm, which is based in Calmore Industrial Estate, were supplied to major supermarket chains, including Aldi and Tesco. The…
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VFX and post-production business Cutting Edge has officially entered into a Creditors’ Voluntary Liquidation, less than a year after being announced as one of the first recipients of the Queensland Government’s $5 million Capital Grants program. According to a public notice from the Australian Securities and Investments Commission (ASIC), the company was placed into liquidation…
07/02/2025, Balby, Doncaster // PRODIGY: Feature Story // Nexus Corporate Solutions Limited continues to be a trusted partner for UK businesses facing financial difficulties. Based in Doncaster, the company offers professional insolvency advice and tailored solutions to help directors and stakeholders navigate periods of corporate distress. One of the core services of Nexus Corporate Solutions…
Nourisher, which produces locally-sourced yoghurts, soups, and tray meals, is facing a resolution to wind up the company. The products made by the firm, which is based in Calmore Industrial Estate, were supplied to major supermarket chains, including Aldi and Tesco. The company employs around 100 staff, many of whom live in Totton and its…
ASIC’s annual insolvency data shows more than 11,000 companies entered external administration for the first time in 2023-24. While this is slightly higher than prior peaks seen in 2011–12 and 2012–13, it is proportionately smaller as there are now nearly 3.4 million companies in Australia compared to around two million in 2012. The current ratio…
By Catherine Marfin · July 1, 2025, 6:05 PM EDT A small Texas residential and commercial solar company has filed for Chapter 7 liquidation in federal court, citing $3.9 million in liabilities…. To view the full article, register now. Read the original article here