Datamatics Stock Slides on Subsidiary Liquidation Amid Profit Slump

AuthorAnanya Iyer|Published at:25th February 2026, 2:45 pm Overview Datamatics Global Services Ltd. shares plummeted over 5%, marking their steepest fall since February 20, after announcing the liquidation of its Netherlands-based subsidiary, effective February 18, 2026. This event compounds a difficult third quarter, which saw net profit plunge 51.04% year-on-year despite a 19.89% revenue increase. Analysts…

Furniture manufacturer collapses into liquidation after 35 years in business

The company is a local employer across the North West of England Furniture manufacturer collapses into liquidation after 35 years in business(Image: Shared Content Unit) A UK-based furniture manufacturer has collapsed into liquidation, reports have confirmed. Valiant Furniture Ltd, a family-run business based in Wigan, Lancashire, entered liquidation on February 20, the Gazette has confirmed.…

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Oxfordshire company dissolves after 88 years of trading

The long-established Chelsea Developments Limited was originally incorporated on June 29, 1934. Based at 2 The Old Estate Yard, High Street in East Hendred near Wantage, it operated as a private limited company in the development of building projects. The firm, which was registered under company number 00289665, has formally gone into voluntary liquidation after…

SA Canegrowers urge government to stop Tongaat Hulett liquidation

Sugarcane farmers have warned that the possible collapse of Tongaat Hulett could lead to large-scale job losses, deepen rural poverty, and increase South Africa’s dependence on imported sugar, Farmer’s Weekly reported. Ahead of the company’s provisional liquidation hearing scheduled for 27 February, letters were sent to President Cyril Ramaphosa and the ministers responsible for finance;…