CVR Global LLP, has strengthened its senior team with the appointment of Kevin Humphreys as Associate Director. Humphreys is a vastly experienced financial investigator and qualified HM Inspector of Taxes. He joins CVR Global from National Crime Agency (NCA) Economic Crime Command where he was Principal Officer, Financial Investigations. Humphreys will be based in London…

Whitmore Reans Credit Union has announced it has appointed liquidators. In March 2016, the Wolverhampton-based credit union stopped trading after it was unable to repay deposits to its members. The Financial Services Compensation Scheme (FSCS) stepped in to protect the 981 members of the credit union. Whitmore Reans Credit Union has now revealed that on…

FRP Advisory has announced that it has appointed three new partners and seven business restructuring advisers to a new office in Preston David Acland, Steve Williams and Lila Thomas have joined as partners. Acland has 30 years’ experience in restructuring and turnaround and had a 25-year career with Begbies Traynor, becoming regional managing partner based…

The total number and value of debt judgments in Northern Ireland fell to the lowest levels on record during 2016, according to figures released today by Registry Trust. There were 7,144 small claims judgments in 2016, 15 percent fewer than the previous year. The total value also fell 15 percent; the average value remained unchanged…

The number of debt decrees registered against Scottish businesses fell to the lowest recorded level during 2016, according to figures released today by Registry Trust. There were 3,523 business decrees in Scotland during 2016, 24 percent fewer than the previous year. The total value surged to £45.8m, the highest on record, but this was due to…

The number of debt judgments recorded in Ireland’s Four Courts fell to a historic low during 2016, according to figures released today by Registry Trust.  There were 2,155 judgments registered against consumers in 2016, 38 percent fewer than the previous year and a record low. The total value of consumer debt judgments similarly fell to…

An overwhelming majority of industry experts believe the UK’s decision to leave the EU will lead to a rise in corporate insolvencies over the next year, according to a new study by R3. A survey of insolvency and restructuring firms also shows that 55 per cent believe their finances “have been hurt” since last June. Insolvency…

Administration notices have been issued and advertised in the London Gazette  for the following companies: ‎3D RECYCLING LTD ‎3SIXTY SYSTEMS LTD ABBEY DELIGHT LTD ABC ALPHA BUSINESS CENTRES UK LTD ‎ABC ALPHA BUSINESS CENTRES VI UK LTD ADDITIVE LTD ‎AGRIGUARD LTD ‎ALBERT & MICHAEL HEATH LTD ‎ALL LEISURE HOLIDAYS LTD ‎AMS RETAIL INTERIORS LTD ‎ANFIELD BRECKSIDE…

Winding up Petitions have been issued and advertised in the London Gazette for the following companies: ‎ADVANCED WATER AND WASTE LTD ‎AGENCY MOBILE (LONDON) LTD ALBUMCARDS LTD ‎APEX STRUCTURES LTD ‎APPLE SERVICES LTD ‎ARMS SECURITY LTD ‎ART REVIEW LTD ASTRO DEVELOPMENTS LTD BARCAM FACADES LTD ‎BENTON PLANT LTD ‎BRIGHTFIRE CONSTRUCTION GROUP LTD ‎BRITANNIA SECURITY & MAINTENANCE…

UK business failures will rise by 5% in the next 12 months as the economic slowdown, rising input prices and increased late payment risks begin to take their toll, according to Euler Hermes. This is in sharp contrast with the rest of the continent, where insolvencies will fall by 4% in Western Europe and 1%…