The new owners of a popular brewery in Liverpool are toasting a rosy future for the business after acquiring it out of administration.
Eighteen jobs have been secured at a Buckingham business which provides security services after the company went into administration.
Thirteen jobs at a specialist company which completes joinery work for private individuals have been saved after the firm was sold out of administration.
A Grimsby company which supplies dried fish to Nigeria has been sold out of administration ‐ securing the future of 25 jobs.
Ten jobs have been saved and key services preserved following the sale out of administration of an established Gloucestershire company.
The Ultimate Food Company (Kendal) Limited (“Ultimate”) was placed into Administration on 5th February 2018.
On 12th February 2018, Nick Reed and Bob Maxwell of Begbies Traynor in Leeds were appointed as joint administrators of Great Northern Envelope Company (GNE) in Leeds and the company has immediately been acquired by Encore Envelopes Limited.
Lee Lockwood of Begbies Traynor in Leeds and Ray Claughton of Rushtons Insolvency Limited in Shipley were appointed on 5 January 2018 as joint administrators of Designer Yarns (Deutschland) GmbH.
Twenty four jobs have been saved after a South Wales distribution company was sold out of administration.
The future of 44 jobs has been saved after funding was secured to set up a new renewable energy company.
Begbies Traynor, the liquidators of registered charity Peterhead Projects Limited, have completed the sale of Peterhead Lido Caravan Park to a consortium of the caravan park residents enabling the caravan park to continue trading.
Contract Services (South Wales) Limited, which has successfully traded in Port Talbot and Caerphilly for 21 years, faced unexpected cash flow pressures earlier this year.
IMV Europe Limited, part of Osaka based IMV Corporation has simultaneously acquired two businesses.
Begbies Traynor is currently advising company directors and business owners who have historically paid into Employee Benefit Trusts (EBTs) in light of HMRC’s recent Supreme Court victory over Rangers FC.
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