Wrightbus goes into administration 26th September 2019. James Salmon, Operations Director. Northern Ireland’s Wrightbus, famous for building the so-called Boris bus Routemaster model, has entered administration – leaving nearly 5,000 jobs at risk. The company had been looking for a

Restaurant insolvencies climb 17th September 2019. If you supply to the restaurant sector then you will be worried about the rapid rise in restaurant insolvencies. Whether you are a food wholesaler, laundry, recruitment company, shop fitter or in some other

Pre-pack regulator ignored 10th September 2019. The regulator set up to review pre-pack administrations has seen the number of referrals coming to it fall by 10%. The Pre-Pack Pool should be examining the sale of companies to connected parties through

Latest news on some high profile insolvencies – 27th August 2019. For many SMEs, dealing on credit with big blue chips seemed risk free. However a rise of big names insolvencies and the increased use of CVAs by retailers are

Housebuilder enters administration 20th August 2019. Housebuilder Newcourt Residential has collapsed into administration, with FRP Advisory, which is handling the administration, saying the company faced “severe cash flow issues” after a challenging period of trading. The news highlights how smaller