A British airline has collapsed into liquidation following a reported attempt to raise £20million. Scottish firm Ecojet Airlines had been heralded as the world’s first all-electric airline and was founded in 2023 by entrepreneur Dale Vince, a prominent Labour donor and owner of Forest Green Rovers football club. The airline harboured ambitious plans for long-haul…
The UK-based car dealership officially entered liquidation on April 24 (Image: Getty) UK-based car dealership, once celebrated for its five-star online reviews, has officially entered liquidation, according to a notice published in The London Gazette. The company, Carson Motors Limited, based in Chorley, Lancashire, has struggled financially despite its seemingly sterling reputation among customers. The…
A UK furniture manufacturer is seeking approval to enter liquidation (Image: Getty) A UK furniture manufacturer is seeking approval to enter liquidation just two years after being rescued in a pre-pack deal. Conker Furniture Limited, based in Long Eaton, Nottinghamshire, is asking creditors to back a proposal to wind up the company through a Creditors’…
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Vivimed Labs Limited Enters Corporate Insolvency Resolution Process scanx.trade Read the original article here
Born Clothing Group Enters Provisional Liquidation. The High Court has appointed provisional liquidators to the Born Clothing retail group, marking a significant development for one of Ireland’s long-established fashion chains. The decision follows an urgent court application in which the company was deemed insolvent. The group, which operates 15 stores nationwide and employs approximately 116…
Bye-bye Chuckles? Beyers Chocolate enters liquidation after Woolworths fallout IOL Read the original article here
All 23 workers have lost their jobs after a Dundee construction firm founded in 1863 collapsed into liquidation. Alexander Oastler Ltd, a joinery specialist, had experienced challenging trading conditions “exacerbated by rising input costs and lower levels of housebuilding activity”, according to liquidators Interpath. Directors had attempted to stabilise the business through “various steps” as…
The toy and game industry has struggled financially since early 2025 as manufacturers and retailers have filed for bankruptcy, and in some cases, ceased operations. One of the latest toy and game companies seeking reorganization this year is OuiSi incorporated. Another company, Diamond Comic Distributors, a leading distributor of comics, graphic novels, toys, games, and…
PwC said investor funds totalled about $54.2 million as at December 10, 2025 (when the interim liquidators were appointed), comprising about $50.4m in debt investments and $3.8m in CVICL equity. It said investor interest – and in some cases, redemption payments – were largely funded by new investor money, not investment returns. Key findings included…