New filings

Vehicle logistics operator Mallock enters administration

Administrators appointed following failed CVA

Magnet Kitchens proposes CVA to close 15 stores, cut property costs

SB Remit enters administration as Opus reviews customer funds

Payment services company had not opted into FCA safeguards, funds not covered by Financial Services Compensation Scheme

United Tooling Solutions, Grahams Machinery Sales enter administration

Industrial supplies group largely ceases trading after failing to secure additional funding, with 75 employees made redundant

AccuLabs Diagnostics sold from administration, saving 32 Jobs

Directors acquire North East diagnostics provider after HMRC rejected its proposed CVA, preserving all 32 jobs and securing an expected return for unsecured creditors

Devonshire Homes enters administration after bespoke project losses

Alvarez & Marsal administrators take control of the South West housebuilder as two developments and about 77 jobs face uncertainty

Ardmore Construction Group enters administration after building safety ruling

Ardmore Construction Group and several related operating companies entered administration on June 12 after a High Court ruling over historic fire-safety defects disrupted cash flow, client confidence and the valuation of work across the contractor’s live projects

Kinetic Air Dryers buys Coomtech business from administration

The sale preserves all jobs and allows the clean drying technology developer’s research and development work to continue under new ownership

S&W Partners appointed special administrators of payments firm Monevium following arrest of shareholder

The regulated payment services provider entered special administration after a prolonged period of non-trading left it unable to fund the return of safeguarded customer money

Millennium Dough Company enters administration

Quantuma appointed to pizza dough supplier after rise in creditor debt despite latest profit

Ceiling maker Zentia collapses into administration

Interpath appointed to Gateshead-based manufacturer, all 170 employees made redundant

Poundstretcher landlords crammed down

Discount retailer wins cross-class cramdown over landlord opposition; Plan cuts rents, releases intercompany debt and extends shareholder funding