Wendex Vehicle Rental, based on Barnham Street in central London, has seen its annual turnover rise from £2.8 million in 2015 to £4 million in 2017, but has fallen into financial difficulty while awaiting payment from a number of customers. The business was formed 20 years ago and hires out nearly 500 vehicles, ranging from …
Continue reading “Wendex Vehicle Rental searching for buyer after entering Administration”
National luggage and handbag retailer, Bags Etc Limited, which also traded as Domo, entered liquidation on 1st May 2018. The Company traded from 58 shops of varying sizes around the UK and Ireland, and called in CVR Global after experiencing financial difficulties, resulting in another high street retail casualty. The Harlow-headquartered retail specialist was formed in 2003 …
Continue reading “National Luggage and Handbag Retailer enters Liquidation”
Cambridge firm, Bactest Limited, who convert the activity of micro-organisms into meaningful data for businesses has ceased trading. Bactest Limited, based at St John’s Innovation Centre on Cowley Road, entered administration on 9th May after failing to secure additional funding to keep the business functioning. The business was formed in 2001, had 126 investor shareholders and …
“Big does not necessarily mean financially safe” – that’s the verdict of CVR Global Senior Executive Chris Pearson on the demise of Carillion. In this in-depth analysis he explores why one of the UK’s largest construction firms collapsed and calls for the government to form stricter rules on the bidding process for public sector contracts …
CVR’s Kevin Murphy, Jason Maloney and Bai Cham have been appointed as administrators to Essex Savers net Credit Union (Essex Savers). Essex Savers was placed into administration on 14 February 2018. The not-for-profit financial co-operative, which had its headquarters in Chelmsford, was open to anyone who lives, studies or volunteers in Essex, and provided local, …
Continue reading “Essex based Credit Union goes into Administration”
A British archive containing the world’s largest collection of magazines is seeking a new owner after entering administration. The Hyman Archive was started by James Hyman 30 years ago and now stores more than 5,000 different publications and 120,000 different issues from its base on Cadogan Road in Woolwich. The archive, which also stores pamphlets, …
Ticket Line (UK) Limited is based in Cardiff, and provides tickets for live shows, sporting events and day trips, predominantly to London. CVR Global was called in after Ticket Line (UK) Limited suffered a downturn in trade. Elias Paourou and David Oprey, from CVR Global will be appointed as liquidators on 29 November. All of …
Continue reading “South Wales ticketing agency to be placed into liquidation”
CVR Global has expanded its presence into Bristol with the opening of a new office and three new appointments. CVR Global has moved into Broad Quay House in the city centre and added to its partner team with the appointment of Steve Ramsbottom. Steve joins CVR with more than 28 years of restructuring and insolvency …
CVR Global has been ranked as one of the top 100 accountancy firms in the UK – just two years after the business was formed. The firm was listed in 67th place of trade title Accountancy Age’s 50+50 Accountancy Firms 2017 table, which ranks firms on fee income. The list showed CVR Global reporting UK …
Continue reading “CVR Global ranked in top 100 accountancy firms in UK”
An industrial equipment supplier in Aberdeen has been placed into administration by the High Court. Ian Defty and Charles Turner, partners at insolvency and restructuring firm CVR Global, have been appointed administrators of Screw Conveyor Ltd following a hearing in London today (Friday, September 29). Screw Conveyor Ltd, based on the Denmore Industrial Estate, is …
Continue reading “Ian Defty and Charles Turner Appointed Administrators of Screw Conveyor Ltd”
