Footfall on the high street is rapidly declining as we are more and more turning to retail parks with facilities all under one roof. A survey showed that in July shopping center footfall fell by 3.1% and high street footfall fell by 2.7%. On the other hand, footfall in retail parks increased by 1.2%. Ms. […]
RNB are happy to announce a dividend of 4.72p in the £ has been made to non-preferential unsecured creditors of a plumbing company from Harrogate. The company entered Creditors Voluntary Liquidation in January 2018.
Jan Maarten Asscher and Mark Timothy Walker have a combined total of 70 years trading in the diamond industry. Clarity Diamonds was incorporated in 2014, however in June 2017 the company entered Creditors Voluntary Liquidation with debts of over £1 million. Mr. Asscher has signed a disqualification undertaking after being found guilty of falsifying sales […]
It was bad news for holiday makers who have booked through Super Break and Late Rooms this morning, as these firms both entered administration while the Malvern Group which incorporates both firms, has ceased to trade. Hotel only holidays booked though Super Break will be cancelled, those currently away on their holidays may have to […]
Redman Nichols Butler Insolvency Presentations We have been presenting our ‘Smart Guide to Insolvency’ to many professional teams and we have had good feedback. If you think your team would benefit from the presentation, let Stella Flemmings know and we can arrange to come to your offices, all we ask for is a cup of […]
Happy Yorkshire Day everybody! RNB is celebrating by having a brew of Yorkshire’s finest and some choccy biccys. How are you celebrating? #YorkshireDay #YorkshireTea
Redman Nichols Butler enjoys developing and maintaining long standing relationships with fellow professionals, including accountants, solicitors and financial advisors. We believe that by forming and maintaining lasting reciprocal relationships we can provide clients a quality and cost effective service. Our early involvement, our ability to work closely with existing management and our connections in the […]
Yet another high street retailer has closed after a CVA failure. The Yorkshire Linen Co has closed its doors. After agreeing terms of a CVA only four months ago it seems that the store could not fulfill their end of the bargain with the creditors and 27 stores have closed with the loss of 134 jobs. For […]
After being declined further financial support from the government, the UK’s second largest steel firm British Steel has been put into Compulsory Liquidation. The company struggled to stay afloat after being affected by Brexit related matters. British Steel employs 4,500 people and roughly 20,000 people indirectly. If you have any clients affected and couldn’t attend […]
Sir Phillip Green, the owner of the Arcadia Group (Topshop, Dorothy Perkins, Burton, Miss Selfridge, Wallis and Evans) is put under pressure as young consumers are favoring online retailers e.g. Pretty Little Thing and Asos. The increase of online shopping and rent costs on the Highstreet have resulted in a decrease of highstreet shopping. The […]
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