Credit, Collections & Insolvency News
Four companies linked to a scheme which risks undermining insolvency legislation have been shut down. Atherton Corporate Partners LLP, Jones & Harlington Ltd, TYA GRP Ltd and TYA Two GRP Ltd formed part of the Atherton scheme, which allowed business owners to keep their assets and drop their debts. More than £18 million in previously…
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Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales increased by 4% when compared to December 2025to 1,744 in January 2026, but 14% lower than the same month in the previous year (2,028 in January 2025). The insolvency data consisted of 256 compulsory liquidations, 1,323 creditors’…
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Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland fell in January 2026. The data show that there were 74 company insolvencies registered in Scotland, 1% lower than the number in January 2025. The insolvencies comprised 42 CVLs and 32 compulsory liquidations. There were no administrations, CVAs or receivership appointments.
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Latest monthly statistics from the Insolvency Service show that business insolvencies and personal insolvencies fell in Northern Ireland in January 2026. The data showed that there were 118 personal insolvencies, 16% lower than in January 2025. The insolvencies comorised of 85 IVAs, 19 DROs and 14 bankruptcies. Business insolvency data showes that. there were 21 company insolvencies,…
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In January 2026, the following administration notices were issued and advertised in the London Gazette for the following companies: 100% PEACH LIMITED 4U FRESH PRODUCE LTD ALFRED INTEGRATED COMMUNICATIONS LIMITED ALFRED LONDON LIMITED ALLROUNDER CRICKET LTD BATT CABLES LIMITED BBL REALISATIONS LIMITED BBN REALISATIONS LIMITED BEAUFORD VICTORIA LTD BOOTH STEEL STOCKHOLDERS LIMITED BOOTH TRANSPORT LIMITED…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in January 2026: 08373021 LTD 100 WARDOUR LIMITED 10859267 LIMITED 1ST 4 LETTINGS LIMITED 2059 CHAPEL WALK WORCESTER (LEASECO) LIMITED 224 DIGITAL LTD 2GBC LTD 3 WAYS TRANSPORT LIMITED 3D EVENTS (PRODUCTION) LIMITED 3D PROTECTION LTD…
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In January 2026, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 00 INVESTMENTS LTD 1ST CHOICE SECURITY TRAINING LTD 231 VICTORIA LTD 3 D I (MIDLANDS) LIMITED 9092 CATERING CO LTD 99K LIMITED A CLASS CEILINGS AND PARTITIONS LTD A H RENTALS LTD A J BUILDING &…
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UK businesses continued to face intense financial pressure throughout 2025, with 28,616 insolvency activities recorded, while start-ups declined, according to a new report from R3. While corporate insolvency-related activities – including administration and voluntary and compulsory liquidations- eased slightly compared with 2024, when there were 29,366 instances, they remain significantly above pre-pandemic norms, reflecting a…
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RSM UK has announced the appointment of Joe Barry as Restructuring Partner. Barry will lead the restructuring advisory team in Birmingham. Joining RSM from Teneo, Barry has over 14 years of experience in restructuring and turnaround. He is an experienced team leader with expertise across a broad range of industries, including construction, real estate, retail,…
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New data shows Britain’s hospitality sector is shrinking fast, with a net loss of 382 venues between October and December. Industry bodies warn that without broader support, hundreds of restaurants, hotels and pubs could close in 2026, despite pubs being exempt from upcoming business rates increases according to NIQ’s latest Hospitality Market Monitor. Britain’s number…
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New research by Witan Solicitors, has analysed data from Companies House to determine the number of construction firms incorporated between January 2021 and December 2025 and compared this to the number that have since entered administration, liquidation, or been dissolved. The data found that in the past five years, two in five (41.6%) of newly…
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Azets’ business recovery and insolvency service has announced that it has appointed Dave Riley as a Partner. Riley joins the company from Kroll. and will work with the firm’s wider restructuring and insolvency team, including Leeds-based partners Jonathan Amor and Richard Oddy, who cover Yorkshire and The Humber and the North East. Riley has many…
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Dains has announced the appointment of Lee Brocklehurst as Business Recovery Director, based in Dains’ Birmingham office. Brocklehurst brings more than 25 years of experience in business recovery, restructuring and insolvency and joins Dains from Quantuma, where he was an appointment-taking Insolvency Practitioner. In his new role, he will lead the development of Dains’ Midlands…
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