Tuesday, December 7, 2021

Tag: administration

Northern Leisure Group enters administration

Northern Leisure Group administration
The harsh reality of Covid and its impact on the supply chain came into sharp focus this week with the news that long standing kiddie ride operator Northern Leisure Group had entered administration.

Rileys Leisure close to administration

Rileys Lesiure close to administration
Rileys Leisure has posted a notice of intent to appoint administrators, with the effect of lockdown potentially proving the final straw for the beleaguered pool bar operator.

“Oldest UK theme park” enters administration

Wicksteed Park administration
The perilous state of the UK amusements industry was put into sharp focus this week when the oldest theme park went into administration. Wicksteed Park may not yet be gone, but it certainly isn’t being forgotten, at least by long-loving fans.

M&D defend asset purchase of collapsed company

M&D Lochview Theme Park new company
The directors of M&D Leisure have defended their decision to purchase part of the collapsed amusement park firm through a newly established company as “the best option” for the future.

“Scotland’s Theme Park” goes into administration

Scotland theme park closes
The list of economic victims of the coronavirus shutdown grew yet further last week, with the sad news that Scotland’s largest theme park had been forced into administration.

End of the road for Heighway Pinball

Heighway Pinball
British manufacturing has taken a hit with pinball table manufacturer Heighway Pinball going into administration. The Ebbw Vale based company ends six years of production which saw titles Full Throttle and Alien hit the market to wide acclaim but poor sales. The story of Heighway was not a happy one in the latter years of its operation. Sold in June...

Hastings Pier operator enters administration

Coinslot - Hastings Pier Digital Skills Google award palace
  The charity that operates Hastings Pier has gone into administration after it failed to raise the £800,000 required to fund it through to 2021.   The news came less than a month after the pier won the prestigious Stirling architecture prize - and after a number of voices, including Coinslot, had questioned how it could generate the necessary revenue without any...

Dreamland in Margate saved from administration

Coinslot - Dreamland reopening administration
Fears of liquidation and a continued period of financial failure have been cast aside by the inventive Dreamland theme park as a number of new initiatives have kept them afloat.   A successful summer will pull the Dreamland theme park in Margate out of the dark depths of administration this month. Calling in administrators in August of last year, Sands Heritage, the...