If your company is facing serious financial difficulty you may have heard of (and be worried about) ”trading whilst insolvent”.
Axminister Carpets filed for administration on Wednesday, prompting talks about the future of the business.
Following a disappointing Christmas and sales season in retail, the market remains tough and challenging.
Fashion outlet Republic has become the latest victim on the high street today as the chain collapsed into administration and Ernst & Young stepped in.
Seymour Pierce, one of London's oldest brokers, has been rescued in a pre-pack deal just hours after its shares were suspended and Grant Thornton appointed adminis
Administrators at PwC have rescued failed camera retailer Jessops through a sale to a number of investors, including entrepreneur Peter Jones.
Administrators from Deloitte will step in to help the struggling high street music retailer HMV after it confirmed it was unable to continue to trade outside of an insolvency process.