News

Engineering firm H Barnes & Sons for sale

Thu, 31 Jan 2013 | ADMINISTRATION
A buyer is being sought for mechanical and electrical engineering firm H Barnes & Sons after it was placed into administration on 22 January 2013. The Manchester-based business, having suffered cash flow difficulties, is now in t... continue reading

Four Seasons Heath Care homes sold

Thu, 31 Jan 2013 | BUSINESS SALE
Four care home businesses have been sold in Dundee to two local businesswomen. Anne Marr and her daughter Debbie Douglas bought the care homes from Four Seasons Health Care and are set to bring the companies, which have been clos... continue reading

Spitalfields Market reportedly for sale

Wed, 30 Jan 2013 | COMMERCIAL PROPERTY
An unusual commercial property deal looks to be on the cusp of going through, according to recent reports. Spitalfields Market, a historic East London location, has become popular with more fashionable types these days when compa... continue reading

IT business 2e2 Group up for sale

Wed, 30 Jan 2013 | ADMINISTRATION
IT services provider 2e2 Group, based in Berkshire, has been placed into administration and is on the market. The administrators from financial advisory firm FTI Consulting have put the business on the market, after making over 3... continue reading

Hewlett in administration

Wed, 30 Jan 2013 | ADMINISTRATION
Construction business Hewlett looks set to enter administration after workers were told yesterday (Tuesday, 29 January) to stop work. Administrators from BDO confirmed that the group – which includes Hewlett Civil Engineer... continue reading

Paragon Hotel on the market for £6 million

Tue, 29 Jan 2013 | ADMINISTRATION
BDO has put the 250-bedroom Paragon Hotel on the market for £6 million after it entered administration late last year. Dhillon Group, the previous owners of the hotel, brought in the administrators after being unable to wit... continue reading

Yellowhammer Trading appoints administrators

Tue, 29 Jan 2013 | ADMINISTRATION
Discussion is mounting about Yellowhammer Bars' future after one of its subsidiaries appointed administrators. Patrick Ellward and Dilip Dattani of RSM Tenon are due to be appointed to handle the administration of Yellowhamm... continue reading

City Motor Holdings enters into Autoplaza MBO

Mon, 28 Jan 2013 | MBO/MBI
City Motor Holdings has conducted a management buyout of Basingstoke's Houndmills Autoplaza site. The group, which is the new owner of City Motors and Gowrings, has a number of dealerships across the five-acre Autoplaza site... continue reading

Administrators called in to Border Precision

Mon, 28 Jan 2013 | ADMINISTRATION
Precision engineering contract manufacturer Border Precision has entered administration with the loss of 25 employees. The Scotland-based business is continuing to trade with its remaining 120 staff under the control of accountan... continue reading

Government offers 1,200 buildings for sale or rent

Fri, 25 Jan 2013 | COMMERCIAL PROPERTY
The government is to make 1,200 properties available either for sale or rent in an effort to create more cash from unused sites. The scheme is called ‘find me some government space’, and the buildings are being offere... continue reading

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