Liquidator appointed to restaurant firm after HMRC action

A liquidator has been appointed to Mex 2 U Limited, of Commercial Street, after a petition was made to Dundee Sheriff Court. Richard Bathgate, of Johnston Carmichael, was appointed Liquidator. Official documents recorded that “the nature of business of the company is restaurants”. A petition was earlier presented to the court by the Advocate General for Scotland on behalf…

Firm enters liquidation after property investment complaints

An alternative investment manager has gone into voluntary liquidation. The Financial Conduct Authority has confirmed Prosper has applied to cancel its authorisation. The firm was an alternative investment fund manager and arranged deals in investments. It was also responsible for the activities of its appointed representative, Crowd2Let Capital Limited. The FCA said: “The Financial Ombudsman…

Bushel and Strike pub in Heacham enters liquidation

The Bushel and Strike in Heacham closed last month after being run by Steven Lewis and Karen Eastwood for the last three-and-a-half years. In a statement announcing the pub’s closure, they said: “Unfortunately, due to the current economic climate and recent rises in the costs placed on us, we have sadly decided to call time”.…

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Business insolvencies fall 10% – Credit Connect

Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales has shown that there were 1,845 business insolvencies in June 2026,. The figures were similar to in May 2026 but 10% lower than in June 2025. The business insolvencies in June 2026 consisted of 276 compulsory liquidations,…