The four were called after the
Peterborough-based company was placed in administration yestereday (22 August).
ChoicesUK employs over 600 full-time and 1,100 part-time staff across its
distribution businesses and within its 162 stores throughout the UK.
Nick Cropper said: ‘ChoicesUK, like much of the UK packaged entertainment
sector, has suffered from price deflation in the market, driven by reduced
consumer rental activity, piracy and technological advances.
He said the priority was to continue to trade the businesses and try and save
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
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