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UK company insolvency statistics for 2019

BETTER MONEY HABITS

PUBS AND BAR FAILURE JUMP BY 13%

Hotels go bust as Airbnb thrives

Norton Motorcycles skids into administration

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Automation could be the key to debt relief

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UK Retail Casualties 2019

UK High street casualties in 2019 by Company 

  • The Book People –, went into administration on 18 December 2019. 
  • Management buyout of the Regis UK and Supercuts – went into administration in October 2019.
  • Swoon –  pre-pack administration after trading problems.
  • Jessops – pre-pack administration in early December 2019. 
  • Clintons – went through a pre-pack administration early in December 2019. 
  • Mamas and Papas – went into pre-pack administration a few days.  
  • Mothercare – went into administration early in November 2019. 
  • Hourstons (formerly Arnotts) – collapsed in 2019 and its site is currently empty. 
  • Forever 21 – applied for Chapter 11 (=voluntary bankruptcy) in the U.S. Its UK operation has entered administration as a result. 
  • Regis UK and Supercuts – went into administration in October 2019. 
  • Bonmarché – went into administration in mid-October 2019. 
  • Watt Brothers – went into administration in mid-October 2019. 
  • Tomlinsons Dairies – went into administration in mid-October 2019. 
  • Khaadi Fashion – went through a pre-pack administration.
  • Links of London – went into long-predicted administration on 8 October. 
  • Thomas Cook – collapsed into liquidation in September 2019. 
  • Lingerie Outlet Store – went into administration in September 2019. 
  • Karen Millen’s and its subsidiary Coast – sold its online operations to the owners of Boohoo in August 2019, after pre-pack administration. 
  • Karen Millen’s (Australia) – went into voluntary administration in September and is expected to close.
  • Jack Wills – went into pre-pack administration early in August 2019. 
  • Gerry Weber – German fashion retailer, is to close its 26 UK/Ireland stores by October 2019 following the parent company’s insolvency. 
  • Stefanel  went into administration at the end of June 2019.
  • Bathstore – appointed administrators, having failed to find a new buyer. T
  • The Yorkshire Linen Company – went into administration in mid-June 2019 and ceased trading. The firms used a CVA in February 2019 for its 19 stores.
  • Realbuzz – in the second quarter of 2019 many shops were vacated and administrator notices placed there. Other parts of the group are unaffected as far as is known.
  • Rococo Chocolates – went into administration (May 2019), although the company continues to trade.
  • Skandium  went into administration in April 2019.
  • Debenhams – went into pre-pack administration on 9 A contested CVA was agreed in May 2019. 
  • Select – went into administration. 
  • Pretty Green – went into administration in March 2019. 
  • The Bottle Shop – went into administration in March 2019.
  • Office Outlet – went into administration in March 2019. 
  • https://www.superfi.co.uk/– went into administration in late February. Some stores reopened in May 2019.
  • Better Bathrooms – went into administration and ceased trading at the beginning of March 2019
  • L K Bennett  filed a notice of intended administration at the beginning of March 2019
  • Bennetts Department Store – went into administration in 2019.
  • Hourstons – went into liquidation. 
  • tReds – went into administration in January 2019.
  • Wine Direct and associate company JustInCases, both online wine suppliers, have suspended trade following the administration of their owner, Fermentation Ltd.
  • Gerry Weber: International Ag is to go into administration. The German subsidiary of Monsoon Accessorize is applying to go into administration under German insolvency law.
  • OddBins and Wine Cellars – went into administration in January 2019. 
  • Patisserie Valerie – went into administration in January 2019. 
  • Miss Shoes – went into administration in mid-January along with its associate company Fuel Your Fashion Online. 
  • Chapelle Jewellery & Watches – its e-commerce arm, and two concessions, went into administration in January 2019.
  • Wild and Gorgeous –went into administration in mid-January 2019
  • Hardy Amies – went into administration for a second time at the beginning of 2019. 
  • Steamer Trading – went into administration early in January. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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