The date for the third Commercial Credit & Collection conference has been confirmed as Thursday 17th June. The conference starting at 9.30 am will tackle issues across the full life-cycle of business credit and collections. The conference series also aims to provide insight into new technology advancements that can help Credit Manager and Finance Directors…

Responding to Queen’s Speech in Parliament, the Federation of Small Businesses (FSB) is calling on the Government to take urgent action to end ‘debilitating late payment crisis’. Federation of Small Businesses National Chairman Mike Cherry said “The success of mu”ch-needed levelling-up initiatives will hinge on their ability to reach the 5.9 small businesses and sole…

In April the following administration notices have been issued and advertised in the London Gazette for the following companies: AS REALISATIONS 2021 LTD BETINDEX LTD BLACKFRIARS LTD BLACKPOOL CENTRAL HOTEL LTD BROOKS BROTHERS UK LTD BROWN MECHANICAL SERVICES LTD BUSINESS LOAN NETWORK LTD BV9 LTD C.F. LABELS LTD. CBS BUSINESS FURNITURE LTD COMPLETE ENGINEERING GROUP…

In April, Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: ACCUTOR LTD ALL2020 LTD ASSEGAI DESIGN AND BUILD LTD BERRY BROW CONVENIENCE STORE LTD BOHEMIA WORLD TRADING LTD CITYWIDE ELECTRICAL SERVICES LTD COUNTER SOLUTIONS U.K. LTD DWHA LTD EESA &CO LTD EUROPA CLUB LTD FORD NEWS…

Ahead of submitting its formal evidence, UKHospitality has written to the Government urging it to adopt its proposals to help tackle the £2.5 billion rent debt crisis that threatens to wreck the hospitality sector’s recovery and risks further widespread job losses. For more than a year, the trade association has been highlighting the existential threat…

The Covid-19 pandemic has wiped a staggering £80.8bn off hospitality’s sales in just 12 months, the latest edition of the UKHospitality Quarterly Tracker with CGA reveals. The Tracker shows sales from the start of April 2020 to the end of March 2021 totalled £46 billion, down by 64% on £126.8 billion in the previous 12…

The Insolvency Service has released its latest Quarterly business insolvency for England & Wales, figures which have indicated that there were 2,384 seasonally adjusted corporate insolvencies in Q1 2021, a reduction of 21.9% compared to Q4 2020’s figures of 3,053 and a fall of 38.3% compared to Q1 2020 (3,863). Colin Haig, President of insolvency and…

UK quoted companies issued 50 profit warnings in Q1 2021, an 83% decrease from the 301 warnings recorded in Q1 2020 according to a latest report from EY-Parthenon’s which indicated the biggest year-on-year percentage fall in UK profit warnings on record. Profit warnings were pushed to record levels in Q1 2020 at the onset of…

The number of delayed invoices owed to small businesses in the last 12 months , which, on average, totalled a staggering £130,445.05, will continue to hinder their recovery in the second half of this year, according to survey data from Dun & Bradstreet. The survey which polled 753 small businesses in the UK also found…

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