Credit, Collections & Insolvency News
The finalists for the fifth annual Credit & Collections Technology Awards, the UK’s celebration of tech innovators in credit and collections, have been revealed. The Credit & Collections Technology Awards, organised by Credit Connect Media will host the Awards ceremony as a face to face event at the Midland Hotel, Manchester on Thursday 4th November. This year’s…
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A new survey of court users by the High Court Enforcement Officers Association (HCEOA), has found that almost 99% support greater freedom of choice – enabling them to use a High Court enforcement route – when recovering outstanding debts. The call from court users comes following significant delays in the County Court system. The vast…
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Latest monthly figures from the Insolvency Service have indicated that business insolvency numbers across England & Wales fell by 9.3% to 1,094 in July 2021 compared to June’s figure of 1,206, and increased by 13.4% compared to July 2020’s figure of 741. Of the 1,094 registered company insolvencies in July 2021 there were 1,007 CVLs,…
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Latest figures released by Accountant in Bankruptcy (AIB) have indicated that Scottish business insolvencies rose by 36% in July 2021. The figures show that there were 72 company insolvencies registered in Scotland, this was 36% higher than in July 2020 but 26% lower than in July 2019. The business insolvencies comprised of 14 compulsory liquidations,…
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In July the following administration notices have been issued and advertised in the London Gazette for the following companies: 24 LIVE UK LTD ADEO CONSTRUCTION SERVICES LTD ADRECK DIAGNOSTICS LTD ADVANCED GLASS FACADES LTD ALUMINIUM FRANCE INDUSTRIES UK LTD ARVIA TECHNOLOGY LTD AVANTA LONDON LTD BITUMINA INDUSTRIES LTD BRISTOL & LONDON PLC CALVERLEY HOUSE LTD…
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In July, Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: ABBEY FENCING LTD ACOS FE LTD ACUMEN GROUP LTD ADDINGTON EQUESTRIAN 2019 LTD AG SAFEBOOTHS UK LTD AVONHALE LTD BEASONS CONSTRUCTION AND DEVELOPMENT LTD BPL BUILD LTD BUSINESS BRAIN LEADERS LTD COUNTRY BUILD SW LTD DELTA…
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County Court Judgments (CCJs) registered against businesses England and Wales fell by 24 percent in the second half of 2021 (H1 2021), compared to the same period in 2020, according to figures released by Registry Trust. The number of CCJs against businesses fell from 46,117 in H1 2020 to 35,228 in H1 2021. The total…
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Latest figures from the Insolvency Service have indicated a 19% increase in business insolvencies in England and Wales when compared to May’s figure of 1,014, and rose 62.9% compared to June 2020’s figure of 741. The number of registered company insolvencies in June 2021 was 1,207 this was 63% higher than the number registered in…
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Latest figures released by Accountant in Bankruptcy (AIB) have indicated that Scottish business insolvencies rose by 67% in June 2021. The figures show that there were 77 company insolvencies registered in Scotland, this was 67% higher than in June 2020 and 13% higher than in June 2019. This was comprised of 14 compulsory liquidations, 62…
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In June the following administration notices have been issued and advertised in the London Gazette for the following companies: ADRIAN POOLE & SONS INTERNATIONAL LTD AF BIOMASS LTD ALEXANDERS DISCOUNT LTD ARDLEIGH COMMERCIAL PROPERTIES LTD ARTISAN H (KINGS WATERFRONT) LTD BETINDEX LTD BH PRECISION LTD BIRMINGHAM CROSSWAYS HOUSE CENTRE LTD BULSATCOM INVESTMENT LTD BULSATCOM UK…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in June: 3LION VENTURES LTD A & A RESTAURANTS (LS11) LTD A S FASHION (LEIC) LTD A.S CAPITAL INVESTMENTS LTD A.S.F. SUNDRIES LTD AA PLUMBING AND DRAINAGE SERVICES LTD ACDC+ ELECTRICALS LTD ACES HOLDINGS LTD ACG…
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In June, Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 1ST E LTD AEQUITAS PACKING (UK) LTD AJ&L LTD ANCESTORS OF DOVER LTD ATPLEDGE LTD BOLBEC HALL LTD BOROUGH RESIDENTIAL DEVELOPMENTS LTD CAMCO ESTATES LTD CHERHIL LTD CHICKEN EXPRESS LTD CRESCERE INVESTMENTS LTD CRYPTOWARE SOLUTIONS LTD…
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HMRC has launched 12,828 investigations into the use of the Government’s pandemic-related business support schemes, looking into potential fraud and other non-compliance with rules. Analysis by law firm BLM shows there were 7,384 investigations related to the job retention scheme, 5,020 linked to the self-employment income support scheme and 424 related to Eat Out to…
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