Supply problems ‘set to get worse through 2021’
There was little comfort for companies already suffering supply problems and long lead times this week after a forecast from industry leaders that things are very likely to get worse before they improve.
Amid reports...
Total Glass administration confirmed – ‘majority’ of 167 workforce redundant
Administrators have confirmed that Total Glass, the £25million-sales Merseyside fabricator, has been placed into administration and most of the workforce made redundant following last week’s news that it had been made subject of a...
Everest Ltd left unsecured debt of £54.6m
Everest Ltd, which re-emerged earlier this year as Everest 2020 via pre-pack administration via its backer Better Capital, left unsecured debts of £54.6million, including nearly £45m to the backer’s BECAP12 fund, according to the...
Crystal Clear Group in administration
Martin Randall’s Crystal Clear Group Limited has been placed into administration.
Postings on official websites say the company, registered in Barnet but trading in Letchworth, is in the hands of joint administrators Jamie Taylor and...
Installation company misled with claims of 50-year history and 5-star reviews – ASA
A North West window and door business that went into liquidation earlier this year owing over £2.9million has been found to have misled customers by claiming it had 50 years’ experience and displaying a...
Customade says farewell to a friend as David Leng ‘takes a well-earned break’
Customade Group has added to the news of the departure of David Leng, saying he ‘has decided he needs to take a well-earned break’ but remains a friend of the group and leaves the...
Handout for creditors expected after Kairos fabricator Indigo goes to CVL
Indigo Products Ltd, the £18million fabricator for Brian Kennedy’s defunct Kairos brands including Zenith and Weatherseal, has been taken out of administration into a Creditors’ Voluntary Liquidation.
The decision was made after administrators unexpectedly discovered...
Eight-year business ban for director in ‘worst-ever’ cold call case
One of the directors of a cold-calling business that was fined £500,000 for making nearly 200million unwanted phone calls has been banned from running a business for eight years.
Stephen Foote was a director of...
Safestyle settles with £1million cash plus shares for Misra
Safestyle UK says it has now paid £1million cash and a package of four million shares to fulfil its non-compete agreement with Mitu Misra, drawing to a final conclusion the bitter battle between the...
Euramax sold to investment group MGI
Euramax Solutions, the Barnsley-based window fabricator producing 5,000 windows and doors a week for the off-site modular, retrofit and new-build sectors, has been acquired by Modular Group Investments (MGI) from the US-based Omnimax for...
