Commercial Risk

UK SMEs owed over £586 billion in outstanding invoices

25th October 2016 Commercial Credit Management |

British SMEs are owed more than £586billion in outstanding invoices, according to a Business in Britain report from Lloyds Bank Commercial Banking. The average small business is owed more than £108,000 in unpaid invoices, an increase of 8 per cent since the last Business in Britain report in January 2016, with almost a third of…

Nearly a third of Scottish legal and finance firms displaying high levels of risk

21st October 2016 Commercial Credit Management |

Nearly a third of Scotland’s professional services firms are considered to be at higher than normal risk of insolvency, according to research by insolvency and restructuring trade body R3. The research shows that 30.7% of businesses in the sector are considered to be at higher than normal risk of entering insolvency in the next year,…

Growth in new businesses can expose risk

5th October 2016 Commercial Credit Management |

The ONS released UK business figures which revealed that there were 2.55 million businesses registered in the UK in March 2016 compared with 2.45 million in March 2015, a rise of around 105,000 (4.3%). Tim Vine, Leader, Risk Products at Dun & Bradstreet said “These latest figures from ONS have demonstrated that the number of businesses in…

Insolvency Notices: Appointment of Administrators Notices – September 2016

4th October 2016 Commercial Credit Management |

Appointment of Administrators Notices – September 2016 Administration notices have been issued and advertised in the London Gazette for the following companies: 247 TRANSPORTER LTD LSC 4CHILDREN (TRADING) LTD ‎A-B-A-C-U-S FRANCHISING COMPANY LTD AAC MECHANICAL & ELECTRICAL LTD ‎ACORN SHIPYARD LTD ‎ ALAN KIRKHAM LTD ALATAS ENGINEERING LTD ‎ ALBEMARLE SHOREHAM AIRPORT LTD AUTO FUEL FIX…

Insolvency Notices: Winding Up Petitions – September 2016

4th October 2016 Commercial Credit Management |

Winding Up Petitions (Companies) Notices – September 2016 Petitions have been issued and advertised in the London Gazette for the following companies: 13LAB EDITION LTD ABBEY ROSE INVESTMENTS LTD ABBEY SURFACING AND CONSTRUCTION LTD ‎ABLE BUSINESS SERVICES CLEANING SOLUTIONS LTD ‎ADCOCK CONSTRUCTION LTD ‎ADVANCE ROBOTIC TECNIK LTD ‎AFFORDABILITY SOLUTIONS LTD ‎AGA LONDON LTD ‎AGWM LTD…

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