Credit, Collections & Insolvency News
The Insolvency Service has published its latest ‘Confidence in the Regime’ report, which looks at how stakeholders across the insolvency community have received the actions and policies of the Insolvency Service. The latest report was commissioned to gauge the success of the organisation’s five-year strategy, now in its final year. The research sought the views…
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Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales fell to 1,868 in May 2026, 10% lower than in April 2026 (2,087), and 16% lower than the same month in the previous year (2,231 in May 2025). The insolvencies consisted of 285 compulsory liquidations, 1,423 creditors’ voluntary…
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Latest monthly statistics from the Insolvency Service have shown that personal insolvencies fell whilst business insolvencies increased in Northern Ireland in May 2026. The data showed that there were 140 personal insolvencies; this was 37% higher than in May 2025. There were 99 IVAs, 20 bankruptcies and 21 DROs. There were 30 business insolvencies, 43% lower…
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Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland decreased in May 2026. The data showed that there were 100 business insolvencies registered in Scotland, 25% lower than the number in May 2025. The business insolvencies comprised 51 CVLs, 40 compulsory liquidations, seven administrations and two CVAs. There were no…
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UK business insolvency stress has remained significantly above its historical baseline for 17 consecutive weeks, according to FrictionIndex, the UK’s first weekly measure of corporate insolvency activity across 21 economic sectors. T The index is currently elevated, with 12 of the main 18 tracked sectors showing above-normal stress levels despite an 8.4% decline over the…
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In May 2026, the following administration notices were issued and advertised in the London Gazette for the following companies: 12470936 LIMITED 4MERIT IMMIGRATION LIMITED ABSOLUTE POST LIMITED AERALIS LTD AIRSPRUNG FURNITURE LIMITED AIRSPRUNG GROUP PLC ALTERNATIVE USE BOSTON PROJECTS LIMITED ARUSTON LTD BARRETTS OF WOODBRIDGE LIMITED BECON (PRECISION) ENGINEERING MANUFACTURERS LIMITED BENLOWE GROUP LIMITED BERRIDGE…
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Creditors’ Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in May 2026: 11 ENTERPRISES LTD 1CARD SOLUTIONS LTD 24 HOUR 7 DAY SECURITY LTD 2LOD COMPLIANCE LIMITED 3 R CONSULTING LIMITED 42 SQUARE (LONDON) LIMITED 51 STUDIO LIMITED 7 TM LTD 720 DIGITAL LIMITED 82-35…
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In May 2026, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 13040874 LTD 18-19 BUCKINGHAM GATE CONSTRUCTION LIMITED 2B STRUCTURES LTD 365 GROUNDWORK LTD 55 HOSPITALITY LIMITED A CONSULTANCY SERVICES LIMITED A T S S LIMITED A.R.J. BUTCHERS (SHAWS) LIMITED A7 COMMODITIES LIMITED ACCES LINK LTD AEQUITAS…
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Opus Restructuring and Insolvency has announced that it has appointed Rob McIlroy as Director. McIlroy has more than 15 years’ experience in restructuring and insolvency; he has worked across a broad range of sectors, including construction, media and professional services, advising businesses, lenders, directors and stakeholders through financially challenging situations. His career has spanned both…
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Opus Restructuring and Insolvency has announced that it has strengthened its advisory and insolvency offering with the appointment of experienced partner Simon Campbell, as the firm continues to expand its South Coast presence. Based in Southampton, Campbell brings more than 30 years of experience advising businesses, lenders and stakeholders across a wide range of sectors.…
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K3 Advisory Group has announced the merger of two of its brands, KR8 Advisory and Quantuma’s restructuring and forensic accounting business, creating a single multidisciplinary advisory business under the KR8 Advisory brand. The new KR8 Advisory business brings together over 300 professionals across 11 offices to meet growing demand for joined up, multidisciplinary thinking and…
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The Insolvency Service has announced that it has closed two more companies in its campaign against unregulated firms exploiting the Companies House register. The overseas companies register on Companies House is a legitimate platform for companies seeking to open up new markets and attract investment for them. However, companies which have no presence in the…
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Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales increased by 2% in April 2026 compared to the previous month rising to 2,085 from 2,037. April’s figure was 3% up on the same month in 2025. The data showed that there were 2,085 business insolvencies. The…
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