The new year has started much as 2023 ended with another brewery entering voluntary administration. Wayward Brewing and the Local Drinks Collective formed with Batch Brewing Co in October 2022 have appointed administrators with the intention of restructuring the business and retaining ownership. Wayward was launched by Peter Philip in 2012, going on to build…
Opus Business Advisory Group has purchased SKSI and its subsidiary MLM CPS. The insolvency specialists will join the specialised Opus Restructuring of the company. Founded in 2013, London headquartered Opus Business Advisory Group offers up restructuring, corporate finance, forensic accounting, turnaround, investment and rescue planning services to clients across the UK. The firm has over 60…
More big firms are likely to go bust next year amid the double whammy of high borrowing costs and pressure on consumer budgets, according to insolvency experts. Administrators and restructuring specialists also warned the PA news agency that high-growth companies such as tech firms could be among those facing financial turbulence. It comes after another…