A UK furniture manufacturer has entered liquidation. A notice regarding the development was published this morning in the London Gazette, the UK’s official public record. The notice reveals that Sofa Point UK Ltd, located in Birmingham, fell into liquidation on March 19, 2026. The nature of business on the notice is described as the “manufacturing…
Insolvency practitioners have come in to assess the businesses financial situation Car dealership collapses into liquidation after nine years in business(Image: Bloomberg via Getty Images) The Essex Car Group, a used car dealer based in Dunmow, Essex, has collapsed into liquidation. According to The Gazette and Companies House, insolvency practitioners have been put in place…
In Brief The Supreme Court’s decision in Mitchell v Al Jaber provides important clarification on when former directors can still owe fiduciary duties to a company. The answer has significant implications for liquidators pursuing claims against former directors, and for individuals who continue to act on behalf of companies without formal authority. The…
The Bell Bay manganese smelter, a cornerstone of industrial activity in Tasmania’s north, has been placed into voluntary administration. Ernst & Young has been appointed as the administrator for Liberty Bell Bay (LBB), the company operating the facility. This move signals a critical juncture for the smelter and its approximately 216-strong workforce. The administrators have…
Coach holiday tour operator Gold Crest Holidays owed almost £1 million to more than 60 creditors when it ceased trading in January. Details of its finances are included in a statement of affairs on the Companies House website, which shows Abta is owed £107,003. The total owed to 63 creditors is listed as £927,000.…
Beloved car dealership COLLAPSES into liquidation & shuts site after nine years The Irish Sun Read the original article here
Derby-based family business Charles Blyth and Co has gone into liquidation after 87 years manufacturing quality springs for industries across the UK Olivia Beeson UK & World News Reporter 07:17, 25 Mar 2026 Charles Blyth & Co. Ltd has gone into administration(Image: Charles Blyth & Co. Ltd ) A Derby-based business with 87 years of…
The coach holiday company offered trips to destinations including Disneyland Paris and the Cotswolds The coach holiday company offered trips to destinations including Disneyland Paris and the Cotswolds(Image: CHUNYIP WONG via Getty Images) A British holiday firm offering domestic and international travel has collapsed into liquidation with debts approaching £1 million. Gold Crest Holidays provided…
Lok Sabha has taken up the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, for consideration and passing. Union Finance Minister Nirmala Sitharaman moved the Bill, which aims to further amend the Insolvency and Bankruptcy Code 2016. The Bill seeks to address procedural delays and interpretational issues among companies and individuals. Participating in the discussion,…
French Retail Giant Chaussea Acquires Kickers Amid Parent Company Liquidation Modaes Read the original article here