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Tue, 31 Jan 2023 | ADMINISTRATION
Administrators from Begbies Traynor say they still hope to find a buyer for gin producer Burleighs Gin, after newly released documents showed that the company’s debts stood at around £1.58 million when it collapsed in ... continue reading
Mon, 30 Jan 2023 | ADMINISTRATION
The assets and intellectual property of disability equipment supplier Staels Design Ltd, which trades as WheelAir, have been put up for sale after the company appointed liquidators. The Glasgow-based company had suffered funding i... continue reading
Mon, 30 Jan 2023 | BUSINESS SALE
Bakery firm Lees Foods has been acquired by listed bakery business Finsbury Food Group in a deal that values the company at £5.7 million. The fee represents approximately a 6.3x multiple of Lees Foods’ underlying pre-t... continue reading
Fri, 27 Jan 2023 | ADMINISTRATION
Bluespot Furniture, a West Yorkshire-based furniture manufacturer, has ceased trading and appointed administrators amid a sustained decline in demand post-COVID. Joint administrators James Sleight and Oliver Collinge of PKF GM wil... continue reading
Thu, 26 Jan 2023 | BUSINESS NEWS
Stowe Family Law, a Leeds-headquartered specialist family law firm which is backed by private equity firm Livingbridge, has said it will target further M&A deals in 2023 after completing its first acquisition last year.
The com... continue reading
Thu, 26 Jan 2023 | BUSINESS NEWS
New analysis from PwC has revealed that UK M&A activity declined 16 per cent last year compared to the extremely high levels of dealmaking seen during 2021 in the wake of the COVID-19 pandemic. PwC’s Global M&A Trends report... continue reading
Wed, 25 Jan 2023 | BUSINESS NEWS
The latest Red Flag Report from Begbies Traynor has laid bare the struggles facing UK business during the current economic crisis, with 610,405 business rated as being in “significant” financial distress in Q4 2022, up... continue reading
Wed, 25 Jan 2023 | COMMERCIAL PROPERTY
The Eastbourne Riviera Hotel, located on the town’s popular seafront, has been put up for sale with an asking price of £2.3 million. The hotel features 37 en-suite bedrooms, sea views, a restaurant, bar, sauna, gym and... continue reading
Tue, 24 Jan 2023 | ADMINISTRATION
Wales-based mobility retailer Middleton Mobility has fallen into administration as a result of rising costs, supply chain disruption and falling consumer confidence. Matthew Roe and Richard Hawes of Teneo Financial Advisory were a... continue reading
Mon, 23 Jan 2023 | COMMERCIAL PROPERTY
Last mile logistics property firm Urban Logistics REIT has continued its acquisitive growth, buying five new assets for a total cost of £48 million at a 6 per cent net initial yield. The firm has acquired a £39.5 milli... continue reading
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Long-standing Scottish law firms agree to merge | MERGER
Scottish law firms Macnabs and Thorntons have agreed to merg...
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Historic security paper firm Portals Paper bought by German peer | BUSINESS SALE
A South West producer of high-security papers with centuries...
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Crêperie group bought out of administration | BUSINESS SALE
A UK-based crêperie café chain with outlets aro...
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