Credit, Collections & Insolvency News
Latest data from the Insolvency Service has found that the construction industry experienced the highest number of insolvencies in the 12 months to July 2025 at 3,973, making up 17% of all industry cases. Kelly Boorman, National Head of Construction at RSM UK, said “The latest insolvency figures reflect the ongoing economic pressures facing construction businesses,…
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Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales fell by 1.7% in August 2025 to a total of 2,048 compared to July 2025’s total of 2,083, and increased by 5.9% compared to August 2024’s figure of 1,933. There were 2,048 in August 2025 the…
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Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland fell slightly in August 2025. The data shows that there were 95 business insolvencies registered in Scotland, which was 7% lower than the number in August 2024. The business insolvencies comprised of 47 CVLs, 43 compulsory liquidations and five administrations.…
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Latest monthly statistics from the Insolvency Service show that business and personal insolvencies increased in Northern Ireland in August 2025. In August 2025, there were 134 personal insolvencies. This was 49% higher than in August 2024. The insolvencies consisted of 109 IVAs, 6 bankruptcies and 19 DROs. There were 12 business insolvencies, 9% higher than in…
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In August, the following administration notices were issued and advertised in the London Gazette for the following companies: 29 BUCKLAND CRESCENT MANAGEMENT COMPANY LIMITED 2TECH LIMITED ACE BINDING COMPANY LIMITED ADVENTURE LEISURE VEHICLES LTD AETHEL CARE HOMES LTD ANANAS ANAM UK LIMITED ANTS GROUP LIMITED ARCADY HEIGHTS LIMITED EVERPRESS LIMITED ARGENTEX FOREIGN EXCHANGE LIMITED ARGENTEX…
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In August, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 100% TOP CAR LIMITED 3 SIXTY BODYWORX LTD 346 LTD A & Y FITTING SOUT LIMITED A E WILSON (COMMERCIALS) LTD A TO Z CAR VALETING SERVICES LTD A-SPEC CAR SALES LTD A& D DISTRIBUTION SERVICES 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 August: (ITO) INNOVATION TECHNOLOGY OFFICE LIMITED 12 CELLARS LTD 16 STANWICK ROAD MANAGEMENT COMPANY LIMITED 1ECOM GROUP LIMITED 1ST CHOICE BOUNCY CASTLE HIRE LIMITED 2-DTECH LIMITED 21 TWENTY LTD 21ST TRADING LIMITED 2471 CONSULTANCY LIMITED…
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Leonard Curtis has announced the appointment of Paul Haworth as Head of Group Compliance. Haworth joins Leonard Curtis with a 20-year track record in the restructuring and turnaround sector at a key time of growth for the firm and his brief is to ensure robust compliance advisory across the Group to meet the company’s ambitious…
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Pollen Street has announced that it has acquired a majority stake in business restructuring provider Leonard Curtis. Leonard Curtis multi-disciplinary professional services firm, which is headquartered in Manchester, has over 30 years’ experience providing restructuring, legal, funding, mergers & acquisitions. advisory and other business services to SMEs and corporates. The business has a strong national…
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Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales increased by 1.4% in July when compared to the month before. The number of registered business insolvencies in England and Wales was 2,081 in July 2025, similar to both June 2025 (2,053) and the same month…
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Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland fell slightly in July 2025 The data showed that there were 116 company insolvencies registered in Scotland, slightly lower than the number in July 2024. The total number of business insolvencies comprised of 68 CVLs, 43 compulsory liquidations, 4 administrations…
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Latest monthly statistics from the Insolvency Service show that personal insolvencies increased slightly in Northern Ireland, whilst business insolvencies fell in July 2025. The data showed that there were 153 personal insolvencies. This was 1% higher than in July 2024. The insolvencies comprised of 114 IVAs, 9 bankruptcies and 30 DROs. Business insolvency data showed…
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Latest Insolvency Service data in July 2025 has shown that the construction industry experienced the highest number of insolvencies in the 12 months to June 2025 at 3,984, making up 17% of all industry cases. Kelly Boorman, National Head of Construction at RSM UK, said “The latest insolvency figures show that the construction industry continues…
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