Restructures and receiverships news & analysis

Bon Bon Buddies

Bon Bon Buddies in 'complete restructure' after debts mount Subscription

09 Nov 2018 | By Henry Saker-Clark

The struggling Welsh sweet maker confirmed a Company Voluntary Arrangement with creditors last month

jools

Deal sought for Jools Drinks brand and assets Subscription

09 Nov 2018 | By Henry Saker-Clark

Owner Kmera Ltd is seeking a sale for the brand’s assets, intellectual property and designs

Bon Bon Buddies

City snapshot: Bon Bon Buddies agrees rescue plan after debts mount Subscription

09 Nov 2018 | By Henry Saker-Clark

Licensed confectionery manufacturer Bon Bon Buddies has agreed a rescue plan with creditors, a new report reveals 14 shops a day have closed on UK high streets so far this year, and the rest of the City news

crawshaws

Administrators for Crawshaws close 35 unprofitable stores Subscription

05 Nov 2018 | By Kevin White

More than 350 staff have already lost their jobs, however, administrators hope to sell off the chain’s remaining 19 profitable stores 

poundworld

Poundworld set for high street return after purchase Subscription

04 Nov 2018 | By Steve Farrell

The Poundworld brand has been sold to businessman Manni Hussain who plans to open 250 stores

crawshaws

High street butcher Crawshaw Group to hire administrators Subscription

31 Oct 2018 | By Henry Saker-Clark

High street butchers chain Crawshaw Group has announced plans to hire administrators, admitting it does not funds for a necessary restructure.

Poundworld Merry Shopping Centre-web

Poundworld and Bargain Buys brands sold by administrator Subscription

30 Oct 2018 | By Steve Farrell

All of Poundworld’s intellectual property assets have been sold to the Leeds-based company New Money

Peyton & Byrne Bakeries

Peyton & Byrne Bakeries split up in rescue deal Subscription

26 Oct 2018 | By Henry Saker-Clark

Peyton & Byrne Bakeries, the retail chain and wholesale bakery co-founded by Great British Menu judge Oliver Peyton, has been split-up in a rescue deal after it entered administration.

Peyton & Byrne Bakeries

Peyton & Byrne Bakeries falls into administration Subscription

26 Oct 2018 Updated: 26 Oct 2018 | By Henry Saker-Clark

The bakery chain co-founded by Great British Menu judge Oliver Peyton has entered administration.

Peyton & Byrne Bakeries

City Snapshot: Peyton & Byrne Bakeries files for administration Subscription

26 Oct 2018 | By Alec Mattinson, Henry Saker-Clark

The bakery chain co-founded by Great British Menu judge Oliver Peyton, Peyton & Byrne Bakeries, has entered administration two years after a previous collapse. Plus all the rest of the latest news from the City.

authentic food

The Authentic Food Co to close Dundalk factory with up to 170 job losses Subscription

23 Oct 2018 | By Henry Saker-Clark

The Manchester-based world food producer has appointed liquidators for its Irish manufacturing arm

Patisserie Valerie

Media bites 18 October: Patisserie Valerie, food inflation, Unilever Subscription

18 Oct 2018 | By Henry Saker-Clark

Bosses of crisis-hit cake chain Patisserie Valerie could be hauled before parliament after a shock £40million black hole was uncovered in its accounts

Sainsbury's Patisserie Valerie

Media bites 15 October: Patisserie Valerie, Young's, Unilever Subscription

15 Oct 2018 | By Henry Saker-Clark

Patisserie Valerie, the British café chain that has found a potential fraud on its accounts, had used up £9.7m on two separate bank credit lines without the board’s knowledge

Patisserie Valerie

Media Bites 12 October: Patisserie Valerie, WH Smiths, Obesity Subscription

12 Oct 2018 | By Henry Saker-Clark

Patisserie Valerie is on the brink of collapse after the café chain’s parent company said it would be unable to keep trading without an immediate injection of capital

Sainsbury's Patisserie Valerie

Patisserie Valerie warns 'immediate cash injection' is needed Subscription

11 Oct 2018 | By Henry Saker-Clark

The crisis-hit owner of Patisserie Valerie has warned that an immediate cash injection is needed “for the business to continue” in its current form

Sainsbury's Patisserie Valerie

Patisserie Valerie shares suspended after 'potential fraud' Subscription

10 Oct 2018 | By Henry Saker-Clark

Shares in Patisserie Valerie have been suspended after “significant, potentially fraudulent, accounting irregularities” were found by the café chain.

chickens poultry farm

Banham Poultry rescued from administration saving 1,000 jobs Subscription

08 Oct 2018 | By Henry Saker-Clark

The family-run chicken producer was hit by a “perfect storm” of margin pressures from retailers and increases in feed prices

Unilever

City Snapshot: Unilever scraps plan to move HQ from London after investor opposition Subscription

05 Oct 2018 | By Henry Saker-Clark

Unilever has scrapped its plan to move its headquarters to the Netherlands after a groundswell of opposition from investors in the UK, Kettle Foods has made a loss in the UK amid immense competition for shelf space and the rest of the City news

meat

Former Russell Hume directors acquire butcher Nigel Fredericks Subscription

04 Oct 2018 | By Carina Perkins

Nigel Fredericks Ltd fell into administration last month

BMAC plantain crisps

Plantain crisp maker Bmac up for sale after administration Subscription

02 Oct 2018 | By Henry Saker-Clark

The Afro-Caribbean food producer hired administrators Greenfield Recovery this month, who are hoping to complete a sale “within weeks”.

Unilever

Why are UK shareholders revolting against Unilever's restructuring plans? Subscription

01 Oct 2018 | By Alec Mattinson

A row is brewing over Unilever’s plans to scrap its dual British-Dutch structure and shift to a single corporate HQ in the Netherlands. The Grocer looks at the key issues

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