Potential buyers for British Steel have already come forward, just hours after the beleaguered business was placed into compulsory liquidation, putting almost 25,000 jobs at risk. The Government's Official Receiver will take control of the company as part of the insolvency process. Three years on from its supposed rebirth, the company has collapsed into liquidation. Accountancy firm EY will take on the role of Special Manager and attempt to find a buyer for the business. The Official Receiver took control of the company as part of the liquidation … What has Greybull done to support British Steel? The move follows a … 9 March 2020. The High Court appointed the Official Receiver as liquidator of the Company and S J Woodward, R H Kelly and A M Hudson as special managers to support him. The Government's Official Receiver will take control of the company as part of the insolvency process. British Steel was placed into compulsory liquidation on 22 May, putting 5,000 jobs at risk and endangering 20,000 in the supply chain. British Steel Enters Liquidation, Citing Hit From Brexit Uncertainty Government-appointed liquidator is searching for potential buyers for the steel maker. British Steel has gone into liquidation today. British Steel Limited - advice for suppliers and customers. Further information available for employees and creditors in the British Steel liquidation. British Steel in liquidation will continue to trade, with customers to be contacted by the Special Managers to keep them informed about the progress of the liquidation. British Steel in liquidation is continuing to trade, staff will continue to be employed. Potential buyers for British Steel have already come forward, just hours after the beleaguered business was placed into compulsory liquidation, putting almost 25,000 jobs at risk. The Official Receiver took control of the company as part of the liquidation process. More than 4,000 British Steel … British Steel in liquidation will continue to trade, with customers to be contacted by the Special Managers to keep them informed about the progress of the liquidation. British Steel Limited (BSL) was placed into compulsory liquidation on 22 May 2019. 12 March 2020. British Steel was put into compulsory liquidation on 22 May after Greybull Capital, which bought the firm for one pound from Tata Steel three years ago, failed to … British Steel was forced into liquidation on Wednesday though Britain's second largest steelmaker will continue to trade and supply its customers, the official receiver said. Accountancy firm EY will take on the role of Special Manager and attempt to find a buyer for the business. British Steel has been placed into compulsory liquidation, putting up to 25,000 jobs at risk. British Steel has gone into liquidation today. Mr … British Steel was under compulsory liquidation last May 2019 after equity firm Greybull Capital failed to secure its funding plans. British Steel has been placed in compulsory liquidation, putting 5,000 jobs at risk and endangering 20,000 in the supply chain. The High Court appointed the Official Receiver as liquidator of the Company and S J Woodward, R H Kelly and A M Hudson as special managers to support him.