Credit, Collections & Insolvency News
New figures released by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) in September 2025 grew by 11% compared with the same month in 2024. In the nine months to September 2025, new business was 2% higher than in the same period in 2024. The…
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New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew in September 2025 by 8% compared with the same month in 2024. In the nine months to September 2025, new business in this market was 5% higher than in the same period in 2024. The credit card and…
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New figures released by the Finance & Leasing Association (FLA) show that second charge mortgage new business volumes grew by 22% in September 2025 Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at the Finance & Leasing Association (FLA), said…
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New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes grew in September 2025 by 5% compared with the same month in 2024. The corresponding value of new business was 9% higher over the same period. In the nine months to September 2025, new business volumes grew…
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In October, the following administration notices were issued and advertised in the London Gazette for the following companies: 10 MARKET PLACE LIMITED ACRE INVEST (LUTON) LIMITED ACTION 365 LTD AGILITAS IT SOLUTIONS LIMITED AH DEVELOPMENT HEALTHCARE LIMITED ALLEN GLENOLD LIMITED ALTITUDE ANGEL LTD AMBIENT SUPPORT LIMITED APEXBROOK LIMITED AXMINSTER TOOL CENTRE LTD B I HALDER…
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In October, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 07752078 LIMITED 3 CHEFS DERBY LIMITED 4 ATL 404 LTD 786 TWENTY 4/7 SERVICES LTD A & S CONSTRUCTION & LABOUR LIMITED A J BROWNE PRIVATE OFFICE LIMITED A J WHEELER LIMITED A M SKIP HIRE LIMITED…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in October: 10463817 LIMITED 123 ELECTRICIANS LIMITED 1N DEVELOPMENTS LTD 1NH LTD 1ST CHOICE PLANT AND TOOL HIRE LIMITED 1ST CHOICE PROPERTY MAINTENANCE LIMITED 1ST STOP BATHROOM LTD 2 KARDES FAST FOOD LIMITED 2 SMART PAINT…
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New research from Capital Economics, commissioned by SME lender iwoca, has found that SMEs receiving a loan can increase their monthly revenues by an average of 19%. The analysis is based on data from current accounts of thousands of iwoca customers, finds that taking a loan is associated with an increase in revenues of nearly a fifth (19%) within…
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