This is a press release by Customade Group: European Private Equity fund Nimbus, together with its financing source MidCap Financial, have agreed to buy the majority of the Customade Group out of administration and [...]

In news widely expected, the Customade Group have been acquired by Nimbus. This is the statement published on the Customade website: European Private Equity fund Nimbus, together with its financing source MidCap Financial, have [...]

It's been known for a week or so now, but official documents posted on The Gazette now confirm that Sash UK has gone into administration: This was mentioned in the recent announcement by VEKA [...]

Epwin Group have published their AGM trading update today, which as you would expect centres around COVID-19, reopening and withdrawal of future guidance. This is the statement in full: Epwin Group Plc (AIM: EPWN) [...]

House builder MJ Gleeson has provided a financial update, warning the markets of a revenue drop of 40%, or £100m due to the impacts from the pandemic. This was their release from their website: [...]

Last week saw the "reconstruction" of the dying Everest Home Improvements business into the new Everest 2020 business. On the Better Capital website, the fund behind the reconstruction, it says over 400 jobs have [...]

In a statement issued on June 5th, Everest has announced that the company has been restructured, with the saving of 400 jobs. This was the statement published on the Better Capital website today: Reconstruction [...]

In response to an article posted yesterday evening, Duraflex has provided a statement to clarify that business continues as normal and that the company closed was dormant: To get weekly updates from DGB sent [...]

Documents posted this evening on The Gazette show that a dormant Duraflex Limited has been closed: You can find the original document on The Gazette here. A search through Companies House appears to show [...]

New developments appear to be happening at Everest. Documents available on Companies House show the creation of a company called Everest 2020 back in March. But new papers filed today gives us the clearest [...]

For the world of business and UK fenestration, the dangerous period wasn't in March of April, in the sense of finances. Not even May. The dangerous period is coming soon. When the support schemes [...]