Atradius makes North West appointments

4th October 2018 Commercial Credit Management |

Trade credit insurer Atradius has announced a number of new appointments. Thomas Murphy and Chelcee Witkowski as business development managers alongside James Armitage and Lisa McMillan as account managers in its north-west region. They join senior business development manager Sally Nolan and account managers Sarah Seddon and Nicola Hinchliff. The team, which is based in Atradius’…

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Civica acquires case management specialist iCasework

4th October 2018 Mergers and Acquisitions |

Business services and software managed services specialist Civica Group has acquired case management software specialist iCasework. Based in London, iCasework specialises in SaaS applications for case management, providing cloud software for enterprise complaints management, correspondence management and information request handling including in support of GDPR. Its products are used by more than 100 customers in the…

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Construction insolvencies rise by 6%

3rd October 2018 Commercial Credit Management |

Over 2,700 construction firms enter insolvency in the last year – 6% rise following Carillion liquidation according to market analysis by Moore Stephens. 2,764 construction firms entered insolvency in 2017/1, jumping 6% in just a year from 2,608 in 2016/17. The significant rise in insolvencies follows Carillion’s liquidation in January 2018, which caused knock-on effects…

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INSOLVENCY NOTICES: Winding Up Petitions – September 2018

3rd October 2018 Commercial Credit Management |

Winding up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 365 CATERING LTD A & E CIVIL ENGINEERING LTD A D TOOL HIRE LTD A L C (MIDLANDS) LTD A PRITCHARD LTD ACE BODYSHOP LTD ACHOM AND PARTNERS LTD AD2ONE LTD ADELAAR LTD AELLA LTD AFA PRESS UK…

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LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – September 2018

3rd October 2018 Commercial Credit Management |

Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies: XYZ CAD SERVICES LTD 2THEDOOR LTD 3S PRINT AND DISPLAY LTD 4 RINGS SPARES LTD 51 DELICATESSEN LTD 7/7 CLEANING SERVICES LTD 7777777 LTD A CLASS INTERIORS LTD A DIFFERENT CALIBRE LTD A J BARLOW LTD A…

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INSOLVENCY NOTICES: Appointment of Administrators – September 2018

3rd October 2018 Commercial Credit Management |

Administration notices have been issued and advertised in the London Gazette for the following companies: ACTION SPORTS MEDIA LTD AEGIS DATA PROPERTIES LTD AMEY BIRMINGHAM HIGHWAYS HOLDINGS LTD ARMATUS RISKS HOLDINGS LTD ARTIES MILL LTD AVANTI JEWELLERY LTD AZZURRI HOLYWOOD LTD BEDARO LTD BERTINALEY CARE LTD BESTIVAL GROUP LTD BESTIVAL LTD BLAIR INSTALLATIONS LTD BMAC FOOD…

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Central & Eastern European insolvencies increase

2nd October 2018 Commercial Credit Management |

A new report on the Central and Eastern European region (CEE) by Coface has revealed that the region has seen an increase in insolvencies. The report says that the region has been enjoying the improved economic activity in recent years. This was particularly noticeable in 2017, when the region’s average GDP growth soared to 4.5%…

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Government announces late payment measures

2nd October 2018 Commercial Credit Management |

The Government’s Business Secretary Greg Clark’s has made an announcement on a package of measures to safeguard small firms from late payments. Reacting to the news Federation of Small Businesses (FSB) National Chairman Mike Cherry said “Late payment is the biggest challenge affecting small businesses and it is good to see the Government getting serious about…

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Rivers Finance named in FT Future 100 list

27th September 2018 Commercial Credit Management |

Rivers Finance Group, holding company of Rivers Leasing has been named in the Financial Times (FT) Future 100 UK, which lists the fast-growing companies making an impact on their industry or wider society.. The ranking comes months after Rivers Leasing was featured for the second consecutive year in the FT 1000: Europe’s Fastest Growing Companies. Launched…

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Lending to businesses continues to increase

26th September 2018 Commercial Credit Management |

UK Finance has released its latest Business Finance update for July 2018 which has revealed that lending to manufacturers grew by 7.4 per cent in the last 12 months, in contrast to a wider 2.1 per cent contraction overall in UK business borrowing. UK business deposits for non-financial companies grew by 1.5 per cent in…

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Phoenix Commercial acquired by JBW Group

26th September 2018 Company News |

Enforcement specialist JBW have announced have acquired Phoenix Commercial. The agreement will create the UK’s second largest enforcement company. The deal follows an acquisition of the shares in Phoenix by JBW, with funding provided by OUTSOURCING Inc OUTSOURCING Inc. is a Japanese listed company with headquarters in Tokyo and has expanded its operations internationally in Asia,…

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Graydon and Rimilia form knowledge partnership

26th September 2018 Commercial Credit Management |

Business data, insights and analytics specialist Graydon has announced a strategic partnership with financial automation specialist Rimilia. Through stimulating awareness in the market, Graydon and Rimilia will help companies to gain access to capital and minimise their exposure to credit risk. Graydon and Rimilia will enable their clients to benefit from both Graydon’s accurate data and…

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Spotcap announces fintech fellowship winner

26th September 2018 Technology and Open Banking |

Alternative business lender, Spotcap has announced Sophie Peacock as the winner of the Fintech Fellowship for 2018. Running for its second consecutive year, the Fellowship awards one UK-based masters or MBA student with a £8k scholarship. By supporting aspiring talent, the initiative aims to plug the fintech skills gap by raising awareness of career opportunities in…

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