Greenfold Systems Ltd (GSL) operated from Pitreavie Business Park, providing manufacturing and assembly services to the commercial vehicle sector.

It entered liquidation in July, after a key contract with then troubled bus company Alexander Dennis Ltd (ADL) was withdrawn.

ADL had announced intentions to close its Scottish operations in Falkirk and Larbert, with plans to set up in Yorkshire instead.

READ MORE: ‘Council roadworks are strangling my business’

But the company has now revealed that it intends to keep the sites “open and operational”, receiving £4m in Scottish Government funding for a furlough scheme until work can recommence.

Dunfermline and Dollar MP Graeme Downie said: “Today’s announcement,…

Escalating debt of over £250k has forced healthier cookie start-up Jnck Bakery into voluntary liquidation.

The move by the Wokingham-based company comes just seven months after smashing a crowdfunding target of £200k by 30% alongside £190k from private backers the year before.

The latest £260k raise completed via the Crowdcube platform was aimed at supporting the launch of its four-strong cookies range into 550 Tesco stores nationwide, having recently joined the retailer’s accelerator programme.

Jnck Bakery first unveiled its high fibre and protein cookies, which have 90% less sugar than existing counterparts, in March 2023 following two years of research by co-founder brothers Alex and Sean Brassill.

A Statement of Affairs…

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Box 12, supplier of boxing studios and programming, is going into voluntary liquidation, with Begbies Traynor Group appointed as liquidator of the current trading company, Box 12 Global Ltd.

Its debts have not yet been established.

A new company, Box 12 Ltd, has acquired the assets of Box 12 Global Ltd from the liquidator, so the brand can continue to function.

Industry veteran Justin Musgrove – most recently CEO of Fitness First UK – has joined the new company as a non-executive…

A recovering problem gambler guides a support group for young adults under 35 confronting gambling addiction. He asked that his face be hidden to protect his identity. (Kevin Richardson/Staff)

The Johns Hopkins University graduate seemed not to grasp the destructive nature of his habit. Like hundreds of thousands of other Marylanders, as casino and online gambling boomed, he felt almost imperceptibly pulled into betting, like a rip current carrying him out…

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In February, it was announced that Alpha, the largest chain of Christian bookshops in Germany, was going bankrupt.

However, most of the establishments and dozens of jobs seem to have been saved.

As announced by the lawyer in charge of the case, Francke-Buch, another Christian bookshop chain, took over the operations of 11 of the shops from September. Tim Schneider explained, according to the trade magazine Buchmarkt: “My goal was to preserve as many jobs as possible and make the company fit for the future. This has been achieved”.

The managing director of the new company, Klaus Meiß, expressed in August 2025: “We are delighted that we can continue our Christian literary work in many places with our…