Credit, Collections & Insolvency News
A five-year study by the Chartered Institute of Credit Management (CICM) of the use and application of credit in driving the UK economy suggests credit managers are more confident today than in previous years, despite ongoing uncertainties over the economy and Brexit. The Changing Fortunes of credit and the UK Economy 2011-2016 report shows the Credit…
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Following the recent increase in company voluntary agreements (CVAs), the British Property Federation (BPF) has called on the government to conduct an urgent review. The BPF believes the process is now being misused, saying that this risks undermining the UK’s global reputation and deterring much-needed investment into town and city centres, at a time when it…
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The total value of UK business judgments rose sharply by 25 percent during the first quarter of the year, according to figures released by TrustOnline.The figures also show that the total number of judgments against businesses was up 8 percent on the same quarter in 2017. Over the same period the number of online searches…
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Winding up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 09155717 LTD 1313 BATH LTD 2391 ELECTRICAL SERVICES LTD 404 ENTERPRISES LTD A MORREY DISTRIBUTION LTD A PROPERTY MANAGEMENT LTD A STUDIO LTD ABER HOUSE LTD ABSOLUTE WAREHOUSE SOLUTIONS LTD AC BOLTING AND TESTING LTD ACCESS SECURE SCAFFOLDING…
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The number of debt decrees registered against Scottish companies sharply rose during the first quarter of 2018, according to latest figures released by Registry Trust. There were 750 decrees issued against all businesses in Scotland during Q1 2018, four percent more than during the same period of the previous year. A massive 39 percent rise in…
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The total value of adverse county court judgments (CCJs) recorded in England and Wales rose sharply during the first quarter of the year, according to figures released today by Registry Trust. Rising seven percent compared to Q1 2017, this bucked a four-year trend where the number of CCJs issued had fallen year-on-year. However, an unusual…
Read moreThe HMRC has increased its spend on private sector debt collectors by 62% in the last year to £39m in 2017, up from £24m in 2016, says UHY Hacker Young, the national accountancy group. UHY Hacker Young says that the steep rise in spending on private sector debt collectors could suggest that HMRC may be…
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Dukes Bailiffs has announced that it has consolidated its senior team with the appointment of Sales Director Rob Jackson. Jackson has joined Dukes with 25 years’ experience in the industry and has moved from Capita where he worked for 20 years. Originally part of the set up of Ross & Roberts, where he was a…
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Court Enforcement Services has now that it has appointed authorised High Court Enforcement Officer, Alan Smith. He will report directly to the Board on all compliance aspects of High Court Enforcement. Smith has significant industry knowledge with over 30 years high level management and operational experience within High Court Enforcement. His previous roles include; High Court…
Read moreCredit management specialist, Anglia UK has announced that it has strengthened its senior management team with the appointment of two new directors. Lyn Danaher and Duane Snelling join with more than 20 years’ experience each in the vehicle finance and credit industry. Beginning her career with NatWest, Danaher moved on to work for Deutsche Bank…
Read moreWinding up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 21ST CENTURY ECO-HOMES LTD 321 TRAVEL LTD 3RD POINT THINKING LTD A S ELECTRICAL SERVICES (SOUTHERN) LTD A. G. AXTON & SONS (WHOLESALE) LTD ABACUS WILLS & TRUSTS LTD ABD CORPORATE SERVICES LTD ACCH (HENDON) LTD ACQUISITION 395448472…
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The number of tickets issued to drivers on parking on private land has surged by almost a million in just 12 months to a new high, the latest official data suggests. RAC Foundation analysis of DVLA data shows that in the last financial year (2017-18) 5.65 million sets of vehicle keeper records were released to…
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The Civil Court Users Association (CCUA) has announced that it has secured Susan Acland-Hood CEO of Her Majesty’s Courts & Tribunal Service (HMCTS) as its Keynote Speaker its Annual Conference in Birmingham on 16th October. Commenting on the news Amir Ali Chair of the CCUA said “I got the chance to meet and brief Prime Minister…
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