Receivership & administration

Unite the union has secured a likely £1m-plus payout for former workers at Arjowiggins’ Stoneywood Mill.

The Venn Holdings buy-and-build dream is in tatters after print wing JDP was shuttered after Christmas, with liquidators expected to be appointed imminently.

A director of a business specialising in personalised sweets and other edible items has been barred for a decade for claiming a taxpayer-backed Bounce Back Loan on false pretences.

The Communisis Defined Benefit Pension Scheme is likely to become the latest industry plan to enter the Pension Protection Fund – although its professional trustee is hoping for a “much improved...

Communisis has gone into administration with parts of the business immediately sold to a new owner, but more than half its workforce has been laid off.

A rampant buy-and-build strategy does not automatically result in success – as ex-employees and creditors of PFI Group can sadly testify – so what was the strategy behind the massive growth plan?

Administrators from FRP Advisory have now been formally appointed at PFI Group’s Works Manchester operation.

Employees at Works Manchester have been sent home, with the future for the business unclear.

PFI Group’s disastrous acquisition spree under CEO Darren McMurray has now culminated in the filing of a Notice of Intention to Appoint Administrators against Works Manchester.

The boss of a door drop leafleting firm has been handed a lengthy ban for abusing taxpayer-backed business support during the pandemic.