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The Latest Breaking News from Interpath Advisory

1,450 jobs saved as Next and Tom Joule join forces to buy Joules out of administration

£34 million deal will keep around 100 stores in business open - but some jobs will be lost

Birmingham Post

Next lays off 133 staff after buying collapsed retailer Joules

Over a dozen Joules stores will close with immediate effect following the conclusion of the deal

Evening Standard

Nottingham Castle Trust liquidators share message over refunds after collapse

The landmark attraction closed after a £30m revamp

Nottingham Post

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Nottingham Castle Trust goes into liquidation 18 months after £30m restoration

The tourist attraction has faced issues since reopening in the summer of 2021

Birmingham Post

Nottingham Castle website replaced with message from board

The news has been described as 'heartbreaking'

Nottingham Post

East Kilbride shopping and leisure centre in administration weeks before Christmas

It remains business as usual for the moment at the Lanarkshire destination after owner Sapphire collapsed and administrators Interpath Advisory were appointed to manage a way forward.

Glasgow Live

East Kilbride Shopping Centre's owner appoints administrators

The centre will remain open until it is brought to the market

Insider UK

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Stirling jobs at risk at city store after clothing firm Joules enters administration

Stirling could be set to lose another name from the high street after clothing firm Joules collapsed into administration. The troubled retailer made the move after failing to secure emergency investment to protect the company’s future. One of Joule

Daily Record

Joules falls into administration with 1,600 jobs at risk

Administrators are confident of finding a buyer for the fashion chain

Insider UK

Inflatable hot tub seller Clever-Company goes into administration

Jobs lost as team from Interpath Advisory looks for a buyer

Birmingham Post

Scottish administrations rise as economic headwinds take their toll

August sees the most monthly filings since the start of the pandemic

Insider UK

Jobs lost at private hospitals group specialising in cosmetic and weight loss surgery

More than 300 jobs have been saved across the group's two hospitals but almost 50 jobs have been lost

Manchester Evening News

Almost 50 jobs lost as private hospitals sold out of administration

The company was a provider of medical aesthetics, cosmetic and weight loss surgery to privately-funded patients

Birmingham Post

Tom Joule and management confident of turning Joules around following reports of potential CVA

They said a turnaround could include raising equity to pump funds into the business and help get it back on track

Birmingham Post

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news in one place.

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Birmingham Post

Swindon recycling company collapses into administration with loss of jobs

Recycling Technologies Group was seeking funding to complete a development phase but was unsuccessful

Insider UK

368 redundant as Arjowiggins files for administration

Aberdeen-based paper manufacturer succumbs to pandemic and cost-related financial issues

Nottingham Post

Historic Nottingham business sold after staff made redundant

Administrators have issued an update

Birmingham Post

Administrators appointed to Leeds' Awesome Merchandise as assets sold to new company set up by founder

94 jobs have been retained in the sale of most of the business and its assets to a new firm owned by Luke Hodson

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Birmingham Post

Creator of New Street station's 'eye' screens rescued from administration

Concept Sign and Display acquired by PE firm looking to expand presence in digital signage sector

Birmingham Post

Property companies behind Newcastle Glassworks student block sold out of administration

Administrators have been appointed to three companies within the Hong Kong-based Bricks Group

Insider UK

Scottish insolvencies fall even as rising inflation cranks up pressure on businesses

Insolvency advisor warns that rising UK trend may spread in the coming months

Birmingham Post

54 North West companies that have collapsed into administration so far this year including Missguided and a city centre hotel

Interpath Advisory has compiled data from The Gazette

Birmingham Post

Boiler shortages force Cramlington's Boiler Plan UK into administration with loss of 62 jobs

The boiler installer and repairer's Pontefract training centre is not subject to the administration

Birmingham Post

Corporate insolvencies on the rise across the North East and Yorkshire, say experts

Analysis from Interpath Advisory shows a marked rise in the number of companies falling into administration

Evening Standard

Insolvencies up as businesses advised to batten down hatches

Interpath warns shuttering companies jumped by almost half in first six months of year

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