The reign of Almtone-owned Canute Group came to an end today (21 December) just over seven months after it began with the pre-pack administration and sale of its predecessor company. Close to 600 staff at the firm were informed verbally at 4pm today that the business would be moving into administration with Begbies Traynor handling the process. “All services have been suspended and the fleet has been ordered to cease activity. “The vast majority of staff have been let go, […]
October 23, 2018 Chris Druce
Canute Group’s former pallet network is seeking to have the business wound up next month if it refuses to settle a bill of £47,489.35.
June 11, 2018 Carol Millett
Own account operator Poundworld Retail has appointed administrators after talks with a potential buyer collapsed.