Paul Stanley, partner at Begbie Traynor, said: "Many small, independent businesses are facing difficulties at the moment and despite establishing a number of trade and individual customers in a competitive industry Carnival has been unable to find a buyer and has been placed into administration.
In its most recent accounts filed to Companies House for the year ending September 20, 2023, Carnival said it had net current liabilities of around £285,000, up from £235,000 the previous year.
Popular brewery files for administration leaving drinkers gutted A POPULAR brewery has filed for administration with customers and locals left gutted.
More than 34 pubs a month called last orders for the final time over the year - the sharpest fall in pub numbers since 2021 during the coronavirus pandemic.
A number of pubs are also warning they will have to hike prices for customers this year after the Government's Autumn Budget.
