Credit, Collections & Insolvency News
In November the following administration notices have been issued and advertised in the London Gazette for the following companies: 109 CR LTD 7BONE GERVIS PLACE LTD 7BONE HOLDINGS (1) LTD 7BONE HOLDINGS LTD ACL ASTUTE 2006 LTD ACL ASTUTE 2022 LTD ADVANCED DIGITAL INNOVATION (UK) LTD AE AEROSPACE (BIRMINGHAM) LTD ALDER BRIDGE ASSOCIATION FOR STEINER-WALDORF…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in November: 1080 LONDON LTD 1SR LTD 1UPSEARCH LTD 2DAY’S GRILL HOUSE LTD 36-44 LODGE ROAD LTD 360 CAPITAL CONSULTANCY LTD 4 SEASONS (PARK FARM) LTD 4CI JAMES LTD 4TH GENERATION (NW) LTD 599 GG LTD…
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In November Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 36-44 LODGE ROAD LTD 3D INDUSTRIES LTD 4 FORCES KEYHOLDING LTD 42 SOLUTIONS LTD 445 WOOLWICH ROAD LTD A.L.L. BUILDERS LTD ABBEY RETAIL (MCR) LTD ABBEY TAX AND ACCOUNTANCY LTD ACADEMY FOODSERVICE LTD ADAM GROOMING LB…
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Two Leicestershire company directors have been banned for a total of 19 years by the Insolvency Service for misconduct including Bounce Back Loan abuse and failing to keep company books and records. Savio Gilbert Pereira, 46, and Sajid Anver Valimohammed, 37, have been disqualified as company directors for a total of 19 years following separate…
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According to the latest PMI data by IHS Markit and CIPS, the headline construction PMI fell to a three-month low of 50.4 in November 2022, down from 53.2 in October 2022, reversing the previous upward trend which had been driven by a surprising increase in commercial activity. The recent fall indicates a slowdown in construction…
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New research by Startline has found that a £500 hike in the cost of living would force 34% of motorists to sell their car Whilst 29% of motorists would have to sell their vehicle if the cost of living increased by £250. The research also showed that 14% of people said their car would have…
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Squeezed household finances and the highest level of inflation for decades have resulted in fewer than a quarter (24%) of people surveyed by YouGov for StepChange Debt Charity saying they will comfortably be able to afford Christmas this year, compared with nearly half (45%) last year. A further one in four people (25%) say they…
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The cost of Christmas dinner items has risen three times faster than wages this year, according to new analysis published by the TUC . The analysis shows the cost of traditional Christmas dinner items such as turkey, pigs in blankets, carrots and roast potatoes has risen by on average 18 per cent over the past…
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While evidence shows that many people are turning to credit in order to pay for essentials, concerns are growing that consumers may be diversifying which forms of credit they turn to. As costs and interest rates continue to climb, there are many signs and reports of UK households having to turn to credit and borrowing…
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Three peopele have been handed bankruptcy restrictions after they all provided false details to secure £165,000 of loans. Nadia Butt, from Birmingham, and Dorota Suchocka, from Barnes, South-West London are subject to 11-year and 10-year Bankruptcy Restriction Undertakings, while Heidi Carruthers is subject to a court-imposed 8-year Bankruptcy Restriction Order. All three received their additional…
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