INSOLVENCY NOTICES: Winding Up Petitions – February 2017

2nd March 2017 Commercial Credit Management |

Winding up Petitions have been issued and advertised in the London Gazette for the following companies: 02 ENVIRONMENTAL SURVEYS LTD 10100442 LTD 1ST ALERT STEEL LTD A.J.’S COSTCUTTER LTD ABI BUSINESS SERVICES LTD ‎ABUILDERS LTD AGL AVIATION LTD AGNI WHOLESALE LTD AGP STEEL STRUCTURES LTD ‎AIS (MARINE) 2 LTD ‎ALE WEB LTD ‎ALLANSONS LAW LTD ALTERDERMA…

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LIQUIDATION NOTICES: Meeting of Creditors – February 2017

2nd March 2017 Commercial Credit Management |

Liquidation notices have been issued and advertised in the London Gazette  for the following companies: 142 TRADING LTD 350Z LTD 4D LEISURE LTD (CANNOCK) LTD 4U NATIONWIDE LTD ‎505 ASSOCIATES LTD. 57A LOGISTICS LTD 8 MILE RECRUITMENT LTD A & C LANDSCAPES LTD ‎ACTIVE AIR LLP A G T C BIO PRODUCTS LTD A STEP ABOVE…

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INSOLVENCY NOTICES: Appointment of Administrators – February 2017

2nd March 2017 Commercial Credit Management |

Administration notices have been issued and advertised in the London Gazette for the following companies: A&R HUGHES (ACADEMY GARAGE) LTD ABBOT GRANGE LTD AGE UK BLACKPOOL AND DISTRICT ‎AGENCY COMMUNICATIONS LTD ASTON STUDENT VILLAGE ‎BLUCARS (BUGBROOKE) LTD BLUE CUBE BUSINESS LTD ‎BRAKEWORLD LTD BRW SERVICES LTD CARING FOR YOU PTS LTD CIRCLE OIL JERSEY LTD CITADEL…

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Mazars announces new Partner appointment

28th February 2017 Commercial Credit Management |

Mazars has announced the appointment of Adam Simpson as partner, who is responsible for the firm’s receivables management team based in Birmingham, Leeds and Edinburgh. Simpson has worked for Mazars for five years. His role as partner is a promotion and he will also continue his position as director of Mazars Receivables Management covering the…

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Aberdein Considine announces Northern Irish colleaboration

28th February 2017 Commercial Credit Management |

Aberdein Considine has announced a long-term collaboration with Northern Ireland’s Wilson Nesbitt. The UK-wide expansion has been driven by its work with banks and other lender clients, who are increasingly looking to streamline their recovery panels. Rob Aberdein, UK Partner in charge of Lender Services at Aberdein Considine, said the deal with Wilson Nesbitt allows the…

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Business challenge process should be used to resolve late payment

28th February 2017 Commercial Credit Management |

Disgruntled businesses owed money by the Ministry of Defence should channel their complaints through the Prompt Payment Code if they want a speedy resolution. Philip King, Chief Executive of the Chartered Institute of Credit Management (CICM), says he is disappointed that not a single business reported in the press at the weekend had sought redress through the Code’s challenge process,…

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Business rates rise shock to small business growth

27th February 2017 Commercial Credit Management |

A significant proportion of small businesses across Britain are preparing to reduce investment and staff costs once business rates rise next month, according to a new survey from the Federation of Small Businesses (FSB).  The research finds that more than a third (36%) of small firms expect to see their business rates increase from 1…

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The Insolvency Service confirms senior appointments

24th February 2017 Commercial Credit Management |

The Insolvency’s Service has announced two new additions to it’s senior management team. Alec Pybus joins as Chief Operating Officer responsible for driving business performance across our frontline services, strategic and workforce planning and budget setting. Pybus previously worked as an operations director driving change at the Royal Mail. He replaces Graham Horne who has…

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NatWest takes on Peer-to-Peer lenders with new platform

24th February 2017 Commercial Credit Management |

NatWest is set to launch a new digital platform to allow small and medium sized businesses to quickly obtain unsecured loans of up to £150,000. Esme Loans gives customers a fast decision on their lending application which, if successful, will result in rapid funding, potentially within an hour. Customers will also benefit from no early…

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Aldermore appoints new Invoice Finance Business Manager

23rd February 2017 Commercial Credit Management |

Aldermore has appointed Graeme Elliot to its Invoice Finance team. Elliot joins as a Business Development Manager and reports to Stuart Baty, Head of Business Development – South, Invoice Finance. Elliot has over twenty years’ experience providing finance to SMEs, he joins from RBS where, from 1994, he built a career in senior portfolio management and held business…

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Local Authorities chase thousands of firms over rate arrears

22nd February 2017 Commercial Credit Management |

Businesses across England and Wales are grappling with the huge business rates burden ahead of the controversial revaluation in April new research reveals.  An exclusive investigation by CVS Business Rent & Rates Specialists has found nearly 200,000 businesses were hauled before a Magistrate in 2015/16 for non-payment of their business rates fuelling claims the system…

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RateSetter pays back £1 billlion in capital

22nd February 2017 Commercial Credit Management |

RateSetter has collected back in £1billon in capital repayments from borrowers since the platform wrote its first loan in 2010. n total, RateSetter investors have lent almost £1.75 billion to individuals and businesses across the UK, including £668 million in 2016 alone. Alongside the £1 billion capital that has been repaid, RateSetter investors have earned £63m…

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Euler Hermes appoints new CEO

21st February 2017 Commercial Credit Management |

Euler Hermes has announced the appointment of Milo Bogaerts as Chief Executive Officer for Euler Hermes UK and Ireland, effective April 1, 2017, pending regulatory approval. He succeeds Valerio Perinelli, who has resigned for personal reasons. The position is based in London and reports to Fabrice Desnos, head of region for Northern Europe. Bogaerts began…

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