The clubs, which were heralded as an alternative to nightclubs, had earnings of £2.5m last year. Po Na Na suffered from a funding shortfall after expanding into northern towns and failing to secure extra funding from its backers.
Political and economic uncertainty behind the fall in confidence
Just Racing Services, operating company of the Manor Racing Formula One team has entered administration
Last year 16 oil and gas companies became insolvent, finds Top Ten firm Moore Stephens
Team Rock the publication of classic rock is in administration with FRP Advisory