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…

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…

Poland’s corporate sector is benefitting from an acceleration in economic activity despite a rise in insolvencies and restrucuring according to the latest research by Coface. The report says that this is a reversal of last year’s situation, when the pace of economic growth was weaker. Poland recorded GDP growth of 3.8% in 2015, before falling…

The percentage of Scottish companies which report that they are benefiting from at least one sign of growth may have taken a tumble in recent months, according to new research by insolvency and restructuring trade body R3. The indicative research, part of a long-running survey of business distress by R3 and BDRC, estimates that the…

Less than 1% of hotels are now deemed to be at significant risk of going insolvent as the weakened pound as a result of Brexit has helped attract high volumes of tourists to the UK. Data from the Insolvency Service show that there has been an 18% fall in the number of hotel insolvencies in…

Blair Nimmo has been named as Global Head of Insolvency at KPMG. Nimmo has more than 30 years’ experience of corporate restructuring, including advisory and formal insolvency. Nimmo succeeds Richard Heis, who retired from the firm earlier in the year. Nimmo joined KPMG in 1991, after training with Cooper and Lybrand’s restructuring practice. In March…

FRP Advisory has announced the promotion ofArvindar Singh-Sall, who is based in the firm’s Birmingham office, to partner. Singh-Sall is a licensed insolvency practitioner and qualified accountant with 25 years of experience advising and managing business and corporate restructuring. She joined the firm as a director in 2014 and has delivered a number of assignments for…

The Insolvency Service is increasingly using ‘public interest’ disqualification orders to remove potentially rogue directors from their positions before they can do more wrong, says Moore Stephens. Data from the Insolvency Service show that the number of ‘public interest’ disqualifications have increased from four in 2015/16 to 28 in 16/17. This type of disqualification is…

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