A latest study by Coface has shown that, despite the solid position of the German economy and the decline in the number of corporate insolvencies, delays in payments are still commonplace. However, they have become less frequent when compared to the results in 2016. By international comparison, these delays are generally shorter in Germany. As…

  Kuflink have promoted Narinder Khattoare as their new Chief Executive.  Khattore was formerly Operations Director Former Chief Executive Tarlochan Garcha has left. Kuflink has also appointed Sukhdev Dhillon and Nattalie Weekes to the board. Khattoare said “Kuflink Group has grown rapidly in 2017 and it was important that we could welcome fresh expertise and promote talent from within to…

The pace of capital investment has fallen in 2017 and is forecast to slow even further in 2018 according to the latest ICAEW Economic Forecast. Business investment is forecast to be 2.1% this year, the second weakest since the global financial crisis. As companies continue to ‘wait and see’ what kind of post-Brexit settlement is…

Investec Bank has acquired Amicus Commercial Finance. In a statement, John Wilde Managing Director at Amicus Commercial Finance revealed the agreement he said “I will continue to lead the team and, operationally, it will be business as usual with all of our staff and processes remaining unchanged. Our focus will continue to be to provide you and…

Administration notices have been issued and advertised in the London Gazette for the following companies: AIR EXPRESS TRAVEL & TOURS (UK) LTD ALMOND SOLICITORS LTD BCUK TRADING LTD BIOEDEN LTD BOREHAMWOOD SUPPLIES LTD BRITANNIA FORK TRUCKS LTD C G WRIGHT ENGINEERING LTD C. I. REALISATIONS LTD CHESTER BUILDING SERVICES LTD CLAYS FARM GOLF CENTRE LTD. CLEARTRACK…

Winding up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 10141715 LTD 2028 X LTD 53 CAPITAL TRADE LTD A F REPROGRAPHICS LTD A-B-A-C-U-S FRANCHISING COMPANY LTD A1 SOUTH LTD ACE SCAFFOLDING SERVICES LTD ACH GROUP MANAGEMENT LTD ACORNFORD ESTATES (NORTHERN) LTD ACQUISITION 395445642 LTD ACTONVILLE CONSULTANTS LTD…

SMEs in the UK are missing out on over £250 billion of cash flow every year due to late payments to SMEs through invoices and associated costs according to a new report by Siemens Financial Services. The report emphasised how integral SMEs are to the UK economy. SME’s growth is being unfairly stunted by large numbers…

Latest government data has revealed that an average of six shops a day has been lost in England and Wales over the past seven years. Between 2010 and 2017, 15,856 shops were either demolished or converted into homes as retailers struggled to cope with the popularity of online commerce. There has been little reprieve under the…

Simon Cockerill has been appointed as Head of Sales at Kent Reliance. Cockerill was formerly at Virgin Money and was the Regional Sales Manager. In his new role he will oversee all of Kent Reliance’s sales activity, including broker and network partnerships. He will also be responsible for increasing the impact of the field business…

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