Business for sale

Key highlights

Leading UK manufacturer and supplier of sliding, folding partition systems.

  • Consistent annual turnover of around £3.4m
  • Diverse customer base
  • Modern plant and equipment with no significant capital expenditure requirements
  • Highly experienced workforce with low staff turnover

Any interested parties to contact Andrew Baitson of Gilbert Baitson on T: 01482 500 500. ...

The Naked Chef – paring down

It has been reported that Jamie Oliver is attempting to strike a deal with his creditors by proposing a Creditors Voluntary Arrangement (CVA).

Under the terms of the proposed CVA, the Jamie Oliver Restaurant Group are planning to close several loss making restaurants and re-negotiate the rent on several others. ...

Another footballer takes a financial dive….

It appears that an increasing number of ex-professional footballers are being declared bankrupt.

Steve Watson, ex player of Newcastle United, Aston Villa, Everton and West Bromwich Albion was declared bankrupt in September 2017.  He ended his playing career at Sheffield Wednesday, however, he now manages National League side Gateshead. ...

13 year disqualification!

The director of Raptor Commerce Limited, Mr Naeem Shakoor, has been disqualified from being the director of a limited company for 13 years.

Raptor Commerce Limited was placed into compulsory liquidation and during the insolvency practitioners investigations it came to light that Mr Shakoor allowed the company to make a wrongful claim for a VAT repayment of over £1m. ...

Carillion demise!

Carillon likely to be placed into administration or liquidation today as talks with its lenders breakdown Carillion employs 20,000 people in the UK but has debts of more than £1.5bn including a huge shortfall on its pension scheme. ...

Our latest insolvency appointments……

Andrew Nichols and John Butler were appointed joint liquidators of a well known car body repair shop business in Scunthorpe.  Having traded for 5 years or so, the company was faced with losing one of its biggest clients.  This, along with the ever increasingly difficult trading conditions, caused the company to cease to trade, resulting in the loss of its skilled workforce and a well known business serving the Scunthorpe community. ...