The company behind All Tomorrow’s Parties (ATP) has gone into liquidation after being subject to a winding-up petition by HM Revenue & Customs. The petition to wind up ATP parent firm Willwal Ltd was granted by the High Court on November 21. Willwal’s most recent accounts on Companies House, dated May 31, 2015, showed debts…
Crown cashing out of Macau venture James Packer was about as far away from Macau as you can get this week as he wound up his 12-year partnership with Chinese gaming tsar Lawrence Ho. The globe-trotting Australian billionaire oversaw the latest shake-up of his Crown Resorts empire from the Ellerstina polo ranch outside of Buenos…
Greeces negotiations with international creditors took a turn for the worse Wednesday after the European Stability Mechanism (ESM) shelved a recently announced debt relief package in protest at the governments plan to give a one-off supplement to low-income pensioners and to keep in place a discount in valued-added tax, to eastern Aegean islands, it had…
About 50 workers at Fire prevention equipment company Fire Security Services have lost their jobs. Fire security equipment and services company Fire Security Services has gone into liquidation with the loss of about 50 jobs. The company, established in 1976, sold and serviced fire protection products such as sprinkler systems, fire alarms, portable fire equipment.…
Robert Steven Pacific T & R’s plant at Miro St, Taupo. A large Taupo employer has gone into liquidation weeks before Christmas, with all employees losing their jobs. Pacific T&R opened its Miro St plant in February 2015. It employed 44 people. The privately-owned company was breaking new ground; extracting rosin from pine tree stumps, which are…
With all eyes in the contractor sector on IR35 reform, its easy to miss a pledge at Autumn Statement 2016 to develop HMRCs ability to spot emerging insolvency risks, writes Mike Smith, managing director of company turnaround specialists Jameson Smith & Co. The first thing to appreciate when trying to fathom why the Revenue wants…
Published Dec. 16 at 10:52 am The traffic passes by the National Bank of Ukraine (NBU) headquarters in Kyiv. Photo by Kostyantyn Chernichkin Popular on social media The National Bank of Ukraine (NBU) on Dec. 15 declared PJSC Investbank insolvent, since after assigning it to the category of problem the shareholders did not take sufficient…
Swiss Space Systems (S3), a space technology firm whose CEO was violently attacked earlier this year, has been declared bankrupt by a court in the canton of Vaud. S3, based in Payerne in northern Vaud, aims to make space more accessible by creating low-cost, reusable satellite launchers, a development not welcomed by all in the…
A medical institute that was included in this years Shonky Awards has entered voluntary administration. However, the business is continuing to trade while administrators seek potential buyers. GTC Medical, trading as the Medical Weightloss Institute (MWI) is a Sydney-based medical business that has previously attracted complaints to both healthcare and consumer protection bodies. On Thursday,…