Accountancy firm Armstrong Watson has appointed a new partner in its restructuring, recovery and insolvency team in Leeds. Robert Adamson is a specialist in business recovery and turnaround and holds in excess of 20 years’ experience. Adamson has extensive knowledge in corporate restructuring and insolvent company rescue procedures and has acted for a variety of stakeholders. Mark Ranson, head…

New research by Moore Stephens has shown that restaurant insolvencies have risen by 20% in the past year. The research shows that restaurant businesses insolvency jumped 20% to 984 in the last year, up from 825 in the previous year*. The figures come on the back of one of Britain’s biggest sandwich chains, EAT, announcing this…

9% of UK clothing retailers currently exhibit early warning signs that they are at risk of going insolvent according to latest research by Moore Stephens Out of 35,078 fashion retailers analysed, 6,580 are showing early signs of financial distress, which can include a large fall in revenue and poor payment history. Falling consumer spending and increased…

The number of debt decrees registered against Scottish businesses fell to a record low during 2017, according to figures released today by Registry Trust. There were 2,192 decrees issued against businesses in Scotland during 2017, 38 percent fewer than the previous year. The fall in decrees registered, coupled with a 58 percent decrease in the…

The number of debt judgments recorded in the Four Courts of Ireland fell to a historic low during 2017, according to figures released today by Registry Trust. There were 2,157 judgments registered against consumers in 2017, two percent fewer than the previous year and a record low. The mean average consumer judgment’s value fell 11…

Armstrong Watson has announced that Partner, Mike Kienlen, has been appointed Chair. Kienlen is a Partner in the Restructuring, Recovery and Insolvency service line and has worked for the firm for 13 years, based at their Leeds office. As Chairman, Kienlen will support Chief Executive Officer, Paul Dickson, with the leadership and strategic positioning of…

Corporate recovery and business advisory firm Quantuma has recruited Maxine Reid as a partner in the Brighton office. Her remit will be to continue the growth of the practice in the south-east and along the south coast from her base in Sussex. Reid was formerly atKreston Reeves where she launched and headed up the Eastbourne…

Administration notices have been issued and advertised in the London Gazette for the following companies: AAC AIR CONDITIONING AND REFRIGERATION LIMITED AMBRIAN PLC AYALA INTERNATIONAL LTD BALAJI HOTELS ST HELENS LIMITED BARNMEAD DEVELOPMENTS LIMITED BEDWORTH HAULAGE COMPANY LIMITED BEING TECHNOLOGIES LIMITED BM TANKERING LIMITED BURROUGHS DAY LLP CALDWELL RESTAURANTS LIMITED CLIMATE ENERGY HOMES LIMITED CONTINENTAL SHELF…

Winding up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 09232408 LIMITED 1FILM UNIT LIMITED A & A TRANSPORT (CANNOCK) LIMITED A HAPPY CHEF LIMITED A LA CARTE MANAGEMENT LTD A S SITE PREPARATION LTD A.I.M.S SUPPORT SERVICES LIMITED AAC AIR CONDITIONING AND REFRIGERATION LTD ACCELERATE DIRECT LTD…

Law firm, Hill Dickinson has announced the appointment of Gavin Jones as a partner within the firm’s restructuring and insolvency team in Manchester. Jones was previously the national head of business restructuring at DWF, and returns to Hill Dickinson having worked as an associate at Hill Taylor Dickinson between 1993-97. Jones will be working closely…

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