This is a list of UK businesses entering administration during the 2008–2009 financial crisis.
UK insolvent businesses
editLSE listed companies that entered administration, by date, due to the impacts of the post-summer-2007 credit crunch and/or the late 2000s recession.
Company | Date | Administrators | Branch Closures | Job Losses | Further Information Source | Outcome |
---|---|---|---|---|---|---|
Principles | 02/03/2009 | Deloitte[1] | BBC News[2] | |||
Viyella | 07/01/2009 | Poppleton & Appleby[3] | BBC News[2] | |||
Waterford Wedgwood | 05/01/2008 | Deloitte | 367 | BBC News[4] | ||
Morgan | 31/12/2008 | KPMG[5] | ||||
USC | 29/12/2008 | PKF | Google Associated Press[6] | |||
Adams Childrenswear | 28/12/2008 | PricewaterhouseCoopers[7] | BBC News[8] | |||
Zavvi | 24/12/2008 | Ernst & Young[9] | 22 | 178 | BBC News[10] The Business Desk[11] | |
Whittard of Chelsea | 23/12/2008 | Ernst & Young | ITN[12] | Sold to private equity company Epic | ||
The Officers Club | 23/12/2008 | PricewaterhouseCoopers | BBC News[13] | 118 of the chain's 150 stores were sold, others closed | ||
The Pier | 04/12/2008 | Mazars | BBC News[14] | |||
MFI Group | 26/11/2008 | Menzies Corporate Restructuring | 111[15] | 1400[15] | BBC News[16][17] | |
Woolworths | 26/11/2008 | Deloitte | 815 | 30,000 circa | Guardian[18] | Stores all closed by 6 January 2009 |
Rosebys | 25/09/2008 | KPMG | Telegraph[19] | |||
XL Leisure | 12/09/2008 | Kroll[20] | BBC News[21] | |||
Wrapit | 04/09/2008 | KPMG[22] | 278 | 1256 | WalesOnline[23] | |
Silverjet | 30/05/2008 | Begbies Traynor | BBC News[24] |
Notes
edit- ^ "Business | Mosaic firms into administration". BBC News. 2 March 2009. Retrieved 9 December 2012.
- ^ a b "BBC News". BBC News. 7 January 2009. Retrieved 24 July 2013.
- ^ Julia Kollewe (7 January 2009). "Clothing chain Viyella falls into administration | Business | guardian.co.uk". London: Guardian. Retrieved 9 December 2012.
- ^ "BBC". BBC News. 5 January 2009. Retrieved 24 July 2013.
- ^ Mark Tran (29 June 2006). "Morgan goes into administration | Business | guardian.co.uk". London: Guardian. Retrieved 9 December 2012.
- ^ Associated Press[dead link ]
- ^ The Independent. London https://web.archive.org/web/20090729195820/http://www.independent.co.uk/news/business/news/850-jobs-axed-at-adams-chain-1226820.html. Archived from the original on 29 July 2009.
{{cite news}}
: Missing or empty|title=
(help) - ^ "BBC". BBC News. 28 December 2008. Retrieved 24 July 2013.
- ^ Macnamara, Kelly (24 December 2008). "Zavvi calls in the administrators - Business News - Business". The Independent. London. Retrieved 9 December 2012.
- ^ "BBC". BBC News. 24 December 2008. Retrieved 24 July 2013.
- ^ "The Business Desk". The Business Desk. 8 January 2009. Retrieved 24 July 2013.
- ^ ITN[dead link ]
- ^ "BBC". BBC News. 23 December 2008. Retrieved 24 July 2013.
- ^ "BBC". BBC News. 4 December 2008. Retrieved 24 July 2013.
- ^ a b "Business | Furniture chain MFI closes down". BBC News. 19 December 2008. Retrieved 9 December 2012.
- ^ "BBC". BBC News. 26 November 2008. Retrieved 24 July 2013.
- ^ TimesOnline TimesOnline
- ^ Julia Finch, City editor, and Chris Tryhorn (26 November 2008). "Guardian". London: Guardian. Retrieved 24 July 2013.
{{cite news}}
:|author=
has generic name (help)CS1 maint: multiple names: authors list (link) - ^ Hall, James (26 September 2008). "Telegraph". London: Telegraph. Retrieved 24 July 2013.
- ^ "Number one for news, opinion, sport & celebrity gossip". Birmingham Post. Retrieved 24 July 2013.
- ^ "BBC". BBC News. 12 September 2008. Retrieved 24 July 2013.
- ^ Hilary Osborne (4 August 2008). "Wrapit placed into administration | Money | guardian.co.uk". London: Guardian. Retrieved 9 December 2012.
- ^ "Walesonline". Walesonline. 2 January 2009. Retrieved 24 July 2013.
- ^ "BBC". BBC News. 30 May 2008. Retrieved 24 July 2013.