Restructures and Receiverships – Page 16
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NewsPatisserie Valerie reveals “extensive” accounting misstatement
Patisserie Valerie has announced to the stock market it has found the misstatement in its accounts was “extensive” and involved “very significant manipulation”.
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NewsHartley's & Mulberrys off-licence owner appoints liquidators
Its creditor BNP Paribas Leasing Solutions petitioned to have the business wound up in December
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NewsSainsbury's milk supplier Tomlinsons appoints advisors to explore possible sale
It comes amid warnings of overcapacity and ‘wafer thin’ margins across the processing sector
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NewsMaddock's sausage maker Lockwoods collapses
The company’s baked pies business stopped production earlier in the year
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Analysis & FeaturesItalian wine retailer Vini Italiani rescued from administration
Italian wine specialist Vini Italiani has been rescued from administration in a deal saving 20 jobs.
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NewsBon Bon Buddies in 'complete restructure' after debts mount
The struggling Welsh sweet maker confirmed a Company Voluntary Arrangement with creditors last month
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NewsDeal sought for Jools Drinks brand and assets
Owner Kmera Ltd is seeking a sale for the brand’s assets, intellectual property and designs
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NewsCity snapshot: Bon Bon Buddies agrees rescue plan after debts mount
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
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NewsAdministrators for Crawshaws close 35 unprofitable stores
More than 350 staff have already lost their jobs, however, administrators hope to sell off the chain’s remaining 19 profitable stores
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NewsPoundworld set for high street return after purchase
The Poundworld brand has been sold to businessman Manni Hussain who plans to open 250 stores
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NewsHigh street butcher Crawshaw Group to hire administrators
High street butchers chain Crawshaw Group has announced plans to hire administrators, admitting it does not funds for a necessary restructure.
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NewsPoundworld and Bargain Buys brands sold by administrator
All of Poundworld’s intellectual property assets have been sold to the Leeds-based company New Money
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NewsPeyton & Byrne Bakeries split up in rescue deal
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.
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NewsPeyton & Byrne Bakeries falls into administration
The bakery chain co-founded by Great British Menu judge Oliver Peyton has entered administration.
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NewsCity Snapshot: Peyton & Byrne Bakeries files for administration
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.
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NewsThe Authentic Food Co to close Dundalk factory with up to 170 job losses
The Manchester-based world food producer has appointed liquidators for its Irish manufacturing arm
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NewsPatisserie Valerie warns 'immediate cash injection' is needed
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
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NewsPatisserie Valerie shares suspended after 'potential fraud'
Shares in Patisserie Valerie have been suspended after “significant, potentially fraudulent, accounting irregularities” were found by the café chain.
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NewsBanham Poultry rescued from administration saving 1,000 jobs
The family-run chicken producer was hit by a “perfect storm” of margin pressures from retailers and increases in feed prices
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NewsCity Snapshot: Unilever scraps plan to move HQ from London after investor opposition
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