Insolvency Guardian Media Centre
‘I feel like a failure’: Owners of closed businesses open up on struggles to stay open Stuff
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PARIS, October 15, 2025–(BUSINESS WIRE)–Regulatory News:
CARMAT (FR0010907956, ALCAR), designer and developer of the world’s most advanced total artificial heart, aiming to provide a therapeutic alternative for people suffering from advanced biventricular heart failure (the “Company” or “CARMAT“), today provides an update on the ongoing receivership procedure.
Update on the ongoing receivership procedure
Following a call for public tenders (buyers or investors) initiated as part of the receivership opened on July 1, 2025, by the Versailles Economic Court1 (the “Court”), the judiciary administrator had received, on July 31, 2025, one takeover bid within the context of a sales plan (the “Bid”)2, submitted by HOUGOU,…
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According to notices published in The Gazette, K West Transport, Chinyama Investments, Ikards, Care3, Hammerton Car Transport, Wynnes D, and SAM International Transport all ceased trading or appointed liquidators last month. Each listed “freight transport by road” as its principal business activity under the UK’s Standard Industrial Classification (SIC) code 49410.
In its latest Red Flag Alert, Begbies Traynor warned that many smaller companies “quietly cease trading without entering formal insolvency procedures,” suggesting official statistics may understate the scale of distress in the sector.
These September cases add to a series of insolvencies earlier this year. B Taylor & Sons Transport, Challenge Logistics, Axis…
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