More businesses in administration

Some of the latest businesses falling into administration are:

The radio station Abbey FM in Cumbria. Staff were asked to leave for good at 3pm on Friday.

Freeman & Proctor Ltd, the Warwickshire-based engineering firm. Makes pipes and tubing for the aircraft industry. PricewaterhouseCoopers (PwC) have been appointed as administrators.

Ffrith Leisure in Denbighshire. It leases Ffrith Beach festival gardens and employs 50 people.

What a day, more news on the insolvency front:

Vantis Business Recovery Services have been appointed administrators of freight forwarder Anglo Overseas. It has 210 staff, but is still operating as a going concern; 70 have been made redundant.

The management company behind UB40, Reflex Muzic, have appointed administrators Bond Partners after the latest albums by the band flopped.

Camden Group, the parent company of fleet services company Camden Fleet Solutions has folded into administration with the loss of 40 jobs. Zolfo Cooper has been appointed to find buyers for the business which is continuing to trade normally.

For details of these and other companies and their appointed insolvency practitioners, please subscribe to the Business Sale Report.

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