Accell UK and Ireland, part of the Netherlands-based Accell Group, filed a notice of intention to appoint administrators as the wider group kick-started insolvency proceedings. Raleigh owner Accell Group files for administrationEarlier this year, Accell restructured, secured additional funding, and reduced debt. Other major UK companies that have closed or entered administration/liquidation in 2026It has been a tough year for the UK high street, with several other retailers entering administration or liquidation and others announcing widespread store closures. Major high street brands LK Bennett, Claire's, and Quiz have been forced to close all their remaining stores after falling into administration. Meanwhile, brands including Evans and Bodycare have returned to the UK high street this year after previously closing all their stores.