13th March 2023 - Credit Connect

Leonard Curtis to acquire Sheffield based insolvency practice

13th March 2023 Business | #Graywoods #Leonard Curtis

Leonard Curtis has announced the acquisition of Sheffield insolvency and recovery firm Graywood, increasing its presence in the South Yorkshire region. Graywoods will be incorporated into the Leonard Curtis brand with owners Adrian Graham and Deborah Lockwood welcoming the ‘excellent opportunity’ to become part of a well-renowned national firm in the business recovery sector. Deborah…

Households continue to borrow and increasingly falling into debt

13th March 2023 Consumer Collections | #debt #household borrowing

As households grapple with the rising cost of living, the latest update to Lowell’s Financial Vulnerability Index (FVI), a tool used to measure and track financial resilience across the UK based on anonymised data from over 9.5 million Lowell customer accounts and other publicly available data, has shown that households are continuing to borrow and…

HSBC buys UK arm of collapsed bank

13th March 2023 Business Lending | #HSBC #Silicon Valley Bank

The Bank of England has announced that Silicon Valley Bank (SVB UK) has been sold to HSBC. Customers of SVB UK will be able to access their deposits and banking services as normal from today. This transaction has been facilitated by the Bank of England, in consultation with the Treasury, using powers granted by the…

GDP grew by 0.3% in January – industry reaction

13th March 2023 Commercial Credit Management | #GDP growth

Figures from the Office for National Statistics (ONS) show that the economy expanded by 0.3% in January, with the rebound following a 0.5% contraction in December. While the data shows month-on-month growth, the economy stagnated in the November to January period compared with the previous three months. The report also showdc that January saw a…

INSOLVENCY NOTICES: Appointment of Administrators – February 2023

13th March 2023 Business | #Appointment of Administrators #insolvency

In February the following administration notices have been issued and advertised in the London Gazette for the following companies: 3F PELLETS LTD AARTEE BRIGHT BAR LTD AARTEE BRIGHT BAR PROPERTY LTD ADVANCED CRATES LTD AQUASTRADA LTD ARCH REALISATIONS 2023 LTD ARCTIC CIRCLE LTD. ASPEN PHOENIX NEWCO LTD BEDLAM BREWERY LTD BOB & LUSH LTD BOXCAR…

LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – February 2023

13th March 2023 Business | #Creditors Voluntary Winding-Up #Liquidation notices

Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in February: 19LUKASZ87 LTD 28-82 LOGISTICS LTD 2B DESIGN GROUP LTD 34 DESIGN COMPANY LTD 360 GROUP OF COMPANIES LTD 365 CAMPERS LTD 36C HARRINGTON GARDENS LTD 3R FILMS LTD 4G LED LTD 4USUPPORT LTD 624…

INSOLVENCY NOTICES: Winding Up Petitions – February 2023

13th March 2023 Business | #Insolvency winding up petitions

In February Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 624 AUTOS LTD 66 SUTHERLAND LTD A & Y F SOU LTD A FRESH START LTD A H ROOFING LTD A L TOWNSEND BUILDING & LANDSCAPING LTD A&A FINANCIAL CONSULTANCY LTD A&D BUILD LTD AASEM &…

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