Companies that went into administration week ending 14/02/2009.
- Hughmark International, which runs the High Wycombe’s market has gone into administration.
- The company responsible for managing the ill-fated gallery space in Will Alsop’s The Public has ceased trading and gone into administration. All 32 of the company’s staff have been made redundant, with Baker Tilly appointed as administrator.
- Stylo joins its shoe businesses into administration. The owner of the PriceLess and Barratt shoe chains, Stylo Plc, has gone into administration after being unable to reach agreements with creditors and landlords.Stylo will join Priceless and Barratts in administration after landlords and creditors rejected a Company Voluntary Arrangement (CVA), which would have enabled Stylo to restructure its debt, and close 150 of its 400 stores.
- Black Country manufacturer Jebron and its sister company Jebron Plating have gone into administration. Administrators James Martin and John Lowe of business recovery specialists Begbies Traynor said the move was necessary to secure the future of the two businesses, which are based in Kings Hill, Wednesbury.
- Quality Resorts Hotels has gone into administration, according to press reports from Commercial Court 1 de Santa Cruz de Tenerife. The company based in Adeje, has declared itself in a situation of voluntary liquidation for debts with the company Incesa, but the legal declaration is a call to all creditors to make their claims.
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