Gloriavale Christian Community’s honey operation in liquidation BusinessDesk
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UK rental company Elev8 Access Platforms has entered into insolvency protection/ Administration following a tough period of trading. In its 2023 accounts it has total assets of £ £7.4 million but hardly any tangible net worth and a £1.5 million hole in terms of working capital. It has been struggling to keep on top of its bills for much of the year.
A statement from a member of the Elev8team said: “It has been a very difficult few weeks for Elev8 Group Services (Elev8 Access Platforms) with the company now placed into administration.“
The company is owned by founder and director Machin along with Whiteknights Investment of Chesterfield which in turn is owned by David and Lynsey…
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Reason demolition company went bust revealed Geelong Advertiser
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Which countries have completed debt swaps for nature and climate Reuters
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How Sonoma Valley real estate investor Ken Mattson could be compelled into bankruptcy The Santa Rosa Press Democrat
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Township treasurer accused of stealing road project money to pay $530K gambling debt WTAJ – www.wtaj.com
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Enron may have gone bankrupt two decades ago, but it never completely closed its doors. Now that the company is making headlines, finance enthusiasts are recalling the infamous 2001 scandal that destroyed Enron’s credibility. Learn all about what Enron’s executives did and the corporation’s downfall, below.
Enron is a Houston, Texas-based natural gas and energy company that was originally founded by Kenneth Lay in the 1980s. The corporation expanded throughout the 1990s, reportedly employing more than 20,000 staff members. However, by the early 2000s, Enron went bankrupt due to a financial scandal.
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The holiday season is a time for celebration and connection, but for many, it also comes with significant financial stress for many Americans. After all, the typical uptick in spending that occurs during the final months of the year can make it tough to manage your budget, and if you’re also dealing with high-rate credit card debt, keeping your finances on track can be even more difficult during this time of the year.
If you’re feeling that type of pressure right now, the good news is that credit card…
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China reports 22.9% drop in land sales; reveals 10 trillion-yuan debt relief package Prop News Time
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David Millar‘s cycling clothing brand CHPT3 has entered liquidation and ceased trading with immediate effect.
A statement released on the company’s website confirmed the situation, saying that CHPT3 has “ceased to trade” while noting that their creditors will be contacted by insolvency practitioners Wilson Field Limited.
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The director of a Birmingham-based fireworks retailer has been sentenced to four years in prison for multiple fraud and forgery offences.
Investigations by the Insolvency Service uncovered a series of fraudulent activities linked to Raashid Khan’s business, Ikandy Wholesale.
The 29-year-old forged documents to evade payment of £75,000 for fireworks and to unfreeze his business bank account.
He also fraudulently secured a £50,000 Covid Bounce Back Loan just before his company entered liquidation and withdrew more than £60,000 from company funds after it had been wound up by the High Court.
Ikandy Wholesale traded in bulk goods, including fireworks and meat.
In 2019, Khan opened a trade account with a fireworks…
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A crumbling South Island estate that had a starring role in a Hollywood blockbuster and was at the centre of abuse allegations has hit the market as a liquidation sale.
Campbell Park Estate, in Otago, is being sold by the liquidators of a company linked to one of the directors of the failed Mainzeal company.
The 79ha property is about the size of a small town and comes with a gothic-style castle, 32 homes, stables, an old jailhouse, a gymnasium, and an underground cave.
It memorably featured in the 2005 hit fantasy film The Lion, the Witch and the Wardrobe and has hit the headlines in recent years over allegations of abuse at a school run on the estate.
