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.
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children