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Posts tagged with "administration"

Winding Up Petition: Construction Firm to pay Creditors Around 1p in every £1

January 25 2016

Creditors are due around £30m in the wake of the collapse of Longcross Construction and are set to receive a paltry 0.4p-1.2p in every £1. According to administrator Deloitte, banks and preferred creditors to Longcross will be paid the full amount owed. Administrators also revealed £130,000   Read More…

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Bolton Wanderers Face Administration if HMRC Issues Winding up Petition

December 04 2015

Bolton Wanderers are facing the prospect of administration if HMRC issues a winding up petition against the club. The English Championship side have been searching for a new owner in order to alleviate financial pressures. So far little progress has been made. HMRC Could Issue Winding   Read More…

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Northampton Town’s Winding up Petition Withdrawn by HMRC

November 30 2015

The HMRC winding up petition brought against League Two side Northampton Town has been withdrawn after a court hearing on Monday. The news had been expected after the Cobblers’ new owner Kelvin Thomas paid HMRC unpaid tax it was due when the club was bought   Read More…

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Northampton Town Winding Up Petition Adjourned

November 17 2015

The winding up petition brought by HMRC against Northampton Town FC for unpaid taxes has been adjourned for two weeks in the High Court. The Cobblers had been due to appear in court over £166,000 of unpaid taxes. The football club also owe Northampton Borough   Read More…

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