BZ Property Holdings Ltd, which bought the former Wolverhampton Eye Infirmary six years ago, has been given notice by the Registrar of Companies that it intends to place the company in liquidation within two months.

The action was taken after the company failed to submit its accounts by a deadline of October 31. 

But director Zed Ahmed said this was an oversight by his accountants, and would be resolved next week.

The notice gave the company until March 14 to submit its accounts, with failure to comply resulting in the company being placed into liquidation and its assets seized by the Crown.

Walsall-based chartered surveying company Kumar and Company is handling around 17 insolvency auctions in the wake of company failures over recent weeks and months, across a broad range of business sectors, they say.

The firm acts for insolvency practitioners, local authorities and private businesses across the UK.

Most recently the company says the liquidation of Coventry-based Quantum IT Distribution Ltd is amoung a “surge” of insolvencies which have ocurred as a result of additional pressures experienced over the festive period.

“It is among a surge in liquidations and insolvencies across the Midlands over recent months. We are handling some 17 cases, including businesses in the hospitality and food sector, manufacturers and IT…

The Tribunal noted that since the subsidiary was in liquidation under laws of Singapore, the courts at Singapore alone would have jurisdiction to adjudicate issues regarding its assets, including the sale of…

A diverse group of companies including Adani Ports and Special Economic Zone, JSW Infrastructure, Horizon Industrial Parks and Transindia Real Estate Ltd have shown interest in acquiring listed supply chain and logistics infrastructure firm Arshiya Ltd, which is undergoing a corporate insolvency resolution process.

Investors such as Authum Investment & Infrastructure Ltd, Dickey Alternative Investment Trust and Finquest Financial Solutions Pvt Ltd have also evinced interest in the company, said a person aware of the development. The company has admitted liabilities of over Rs 6,647 crore, which includes about Rs 3,082 crore from secured financial…

Bruno Mars and Sexyy Red have dropped a track titled “Fat Juicy and Wet” . Released on January 24, 2025, the single comes after the duo teased it earlier this week on socials, leaving fans oscillating between this can’t be real and Bruno, are you okay?

Meanwhile, the track serves up playful, funky beats with a side of provocative lyrics, now dialed up to eleven with Sexyy Red’s unapologetically bold persona. But as the collab hit streaming platforms, the internet had some things to say.

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One X (formerly Twitter) user didn’t hold back, questioning Bruno’s motives like a concerned friend:

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“Alright Bruno…how much gambling debt do you have….this is a new low even for you.”

Another commenter , perhaps a…

Last week, Bruno Mars set out to drop the next world-dominating strip club anthem. Thanks to his latest single “Fat Juicy & Wet” with Sexyy Red, Bruno might have accomplished that. As an added bonus, the track’s warm reception contributed to a new streaming record set by Bruno Mars.

In an announcement on Instagram (viewable here), Spotify revealed that Bruno Mars is the first artist to reach 150 million monthly listeners in its history.

To celebrate the milestone, Bruno Mars reposted the uploaded to his Instagram stories but added a comedic twist.”KEEP STREAMING,” he wrote. “I’ll be out of debt in no time .”

Back in March 2024, a viral rumor claimed Bruno Mars was $50 million in the hole for a gambling debt…

ProForm Foods, an Australian plant-based meat company and producer of the MEET brand, has entered voluntary administration.

Gayle Dickerson and James Dampney of financial advisory firm KPMG Australia have been appointed as administrators, and the first meeting of creditors was reportedly held on May 30. ProForm Foods will continue to operate as normal during the administration process, with MEET products — which include mince, burgers, and tenders — remaining on supermarket shelves.

ProForm Foods began operations in 2005 as a research and development company producing protein ingredients, before launching MEET in 2008. The company claims to have been Australia’s first commercial plant protein producer, and has developed a…

In this episode of PennyWise, host Nat Cardona welcomes NerdWallet’s Sarah Rathner to discuss the findings from the 2024 American Household Credit Card Debt Status Study.

As we transition into 2025, Nat and Sarah reflect on the financial landscape of 2024, a year that appeared promising on the surface but felt challenging for many consumers. They delve into the paradox of rising economic indicators contrasted with the personal financial struggles faced by individuals and families across the country.

Listeners will learn about the significant increase in household expenses compared to income, the alarming statistics surrounding credit card debt, and the impact of daily necessary purchases on financial stability. Sarah shares valuable…