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Eventually, after Carlisle were put into administration in 2002, he sold up to John Courtenay, an Irish businessman.
Bradford were also put into administration in 2012 and 2014 and tax officials said at a hearing in a Bankruptcy and Companies court in London last month that the club owe around £350,000.
Po Na Na, which includes the Hammersmith Palais, was put into administration in May after Royal Bank of Scotland lost confidence in founder Christian Arden, who failed to sell 15 underperforming sites quickly enough after disastrous expansion.
Quinn Insurance was put into administration in April 2010.
The trust - South London Healthcare - was put into administration in July after being declared bust.
Coventry City FC Ltd was put into administration in late March with debts of £60m.
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County Cemetery Services has also now been put into administration, with only £5,000 in the bank, its only assets some contracts, designs, a patent application and a Mercedes.
January – West Coast Capital, part of the USC chain, is put into administration by its owner Sports Direct in a controversial move resulting in about 200 Scottish warehouse workers losing their jobs.
This suggested that the company had been put into administration and then bought almost immediately in what is normally referred to as a Pre-packaged sale.
"They were largely directed at the head office staff and management," he says, pointing out that those staff are also affected by Valk Fleet UK being put into administration and do not receive different treatment in terms of any money owed.
The strategic rail authority says one in five trains were running late in the months before Railtrack was put into administration.
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