How Steven Bartlett’s first Dragons’ Den investment collapsed Retail The full story of how the first company that Steven Bartlett invested in when he joined hit BBC One show Dragons’ Den collapsed and was rescued has been revealed for the first time. City AM reported in March that artisan cheese retailer Cheesegeek had been acquired by Scotland-based Albex Group for what was then described [...]
Pizza Hut: The fortune owed by firm behind UK restaurants before rescue Business The company behind Pizza Hut’s restaurants in Britain owed more than £50m as it collapsed before being rescued, it has been revealed. Heart With Smart (HWS) was saved in January by an entity controlled by investment firm Directional Capital in a deal which salvaged all but one Pizza Hut location. Its new owner was the [...]
Technicolor: Visual effects studio owed over £100m ahead of collapse Business More than £100m was owed by Technicolor, the visual effects company which worked on films ranging from Disney’s 1940 Pinocchio to 2024’s Mufasa The Lion King when it collapsed into administration in the UK, it has been revealed. Interpath was appointed to oversee the process at the business in February in a move which also [...]
Julian Charles rescued out of administration after tax rises bite March 26, 2025 Julian Charles, the luxury bedding and homewares retailer, has been rescued out of administration after struggling with falling sales and increasing taxes. The Manchester-headquartered company’s business and assets have been sold to Great Bedding Co Ltd in a deal which safeguarded 230 out of 251 jobs and more than 25 trading sites as well as [...]
In The Style: Huge debts revealed after rescue deal saves jobs March 24, 2025 In The Style owed more than £20m when it was rescued after collapsing into administration, it has been revealed. The Manchester-based fast-fashion brand rescued by Alps Sourcing Limited last week in a deal which secured 87 jobs. The debts have been revealed in a new document filed with Companies House by administrator FTS Recovery. What’s the [...]
In The Style: Fast-fashion brand saved after administration collapse March 19, 2025 In The Style has been sold after collapsing into administration in a move which put hundreds of jobs at risk of being lost. FTS Recovery had been appointed to oversee the administration process at the Manchester-based company before a deal with Alps Sourcing Limited was agreed. It has now been confirmed that 87 jobs in [...]
In The Style goes out of fashion as administration looms February 14, 2025 Fast-fashion retailer In The Style is on the brink of collapsing into administration two years after being forced into a rescue deal. FTS Recovery is being lined up to oversee the potential administration of the company which was founded by Adam Frisby in 2013. The business was previously listed on the London Stock Exchange’s AIM [...]
AllBright: London’s women-only members’ club rescued February 3, 2025 A deal to buy the assets of AllBright, the women-only members’ club in London, out of administration has been announced. A Cain International company has acquired the assets after the networking and events business entered administration last week. The deal has been agreed for an undisclosed sum but the fee is expected to be revealed [...]
Crafter’s Companion: Huge debts revealed at firm rescued by Dragons’ Den star Sara Davies January 23, 2025 Crafter’s Companion, the company started by Dragons’ Den star Sara Davies while at university, owed almost £20m when it collapsed into administration earlier this month before being rescued, it has been revealed. The company appointed Interpath to oversee the process on 7 January in a move which has led to its Barlborough store closing and [...]
Typhoo Tea racked up debts of £100m as it collapsed into administration January 6, 2025 Typhoo Tea collapsed into administration owing around £100m to its creditors ahead of being rescued, it has been revealed. The Bristol-based company entered administration in November 2024 before being bought in a £10m deal the following month. Now, a new document filed with Companies House by Kroll has revealed how much Typhoo Tea owed to [...]