A golf club is one of many UK businesses which has fallen into administration this year (Image: Getty)
Over the past week or so, several UK businesses have unfortunately entered administration. Some of the examples forced to do this recently include a popular golf club, a Chinese food company and a construction firm.
Going into administration means that the direct running of the business and control of its assets are temporarily transferred to an administrator. Then, attempts can be made at saving all or parts of the business, but it sometimes fails, and staff are then made redundant. Here’s a list of some recent news that you might have missed.
Forest Hill Golf Club
Located just 20 minutes from Leicester city centre, this golf club – which had been operating for 35 years – has entered administration.
It boasts a “magnificent 18 hole Championship Golf Course, a floodlit 20 bay cutting edge driving range with Trackman Range Technology, a three bay Golf Simulation Suite with further leisure facilities, an 18 hole Adventure Golf Course, a brand new fully equipped Gym and Studio, and a trendy lounge bar and restaurant”.
It’s still open as usual and it’s expected it will be offered to the market “in due course”.
A Chinese food company has also entered administration (Image: Getty)
Ming Foods
This family-founded company that’s supplied Chinese food to restaurants across the UK for decades has plunged into administration.
The company operates off of Maidstone Road in Swanley, Kent, and has been in business since 1984. Founders Mr and Mrs Minh started their business from their kitchen, before progressing into a restaurant and then a manufacturing business.
They also distribute across the UK and the EU, to oriental wholesalers who then provide the product to supermarket chains and restaurants.
Flower and Hayes
A construction company based in Bristol which specialises in new build homes has also plunged into administration. The company has been in business for over 100 years.
The business had ongoing developments in Orchard Way, Henley Way, Knapp Hill, and Upper Conygre. A description of the company on their LinkedIn page reads: “At Flower & Hayes, we share one overriding passion, which is quite simply to be the best, be it Residential, Commercial or Industrial.
“You can be sure if it’s a Flower & Hayes development, it has been constructed to exacting standards using traditional skills and the best quality of materials available.”
A powerboat company has also plunged into administration (Image: Getty)
Urban Powerboat Services Limited
After only three years in business, Hampshire-based Urban Powerboat Services Limited has collapsed into administration.
On its website, Urban Powerboats describes itself as a British manufacturer of high-performance boats, saying it aims to deliver quality craftsmanship, advanced engineering and bespoke customisation for customers. The company also says its team has decades of combined experience in the marine industry.
No reason for the administration has been given.
BGL Contracts Limited
Finally, this electrical company has fallen into administration after nearly 20 years, with all 40 jobs sadly lost. The director said the business faced “insurmountable challenges” as costs increased and financial pressure worsened.
It specialised in electrical fit-out work for clients in the leisure, hospitality, retail, and automotive industries.
The company installed electrics across Glasgow venues, including the Hard Rock Cafe.
All businesses have been contacted for comments.