Credit, Collections & Insolvency News
Business rescue and recovery specialist, Begbies Traynor has appointed Kris Wigfield as Partner in its Sheffield office. Wigfield joins Begbies from Wilson Field, where he acted as its Sheffield-based national head of sales for five years, qualified accountant and insolvency practitioner. Julian Pitts, regional managing partner for Begbies Traynor in Yorkshire, said: “We are really…
Read moreHilco Valuation Services has announced the appointment of Nat Baldwin as Director of Intellectual Property (IP) Services Europe. Baldwin will assume business development responsibility for the United Kingdom and European intellectual property appraisal and disposal practice at Hilco Valuation Services, assisting clients in identifying, preserving, and extracting value from these key assets within corporate transactions.…
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Arron Kendall and Simon Thomas, Partners at Moorfields Advisory have been appointed joint administrators of the UK arm of upmarket women’s fashion brand Basler. Basler UK is a subsidiary of the long-established Basler Fashion Group GmbH, which is headquartered in Goldbach, Germany, and also operates in the United States, Australia and throughout Europe. Since May…
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Andrew Duncan and Alex Cadwallader, Directors at Leonard Curtis have been appointed joint administrators to cake makers More Food. Chichester-based More Food specialised in the creation and supply of handmade cakes and tray bakes to a wide range of customers, including local bakeries, major retailers, such as Budgens and Waitrose as well as international sandwich shop…
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Research by Ferguson Litigation Funding (FLF), has found that, 18-months after the removal of the exemption from the Legal Aid. Sentencing and Punishment of Offenders Act 2012 (LASPO), 93% of Insolvency Practitioners say they are more likely to seek third party litigation funding, as supported by the Statements of Insolvency Practitioners (SIP) 2 para 11. However, 75%…
Read moreThe Insolvency Practitioners Association (IPA) has announced that Liz Bingham OBE has agreed to join the Association’s team to assist Council and support the CEO, management team and staff. Bingham’s role will be in part ambassadorial, and in part focused on helping the IPA with its own strategic review and implementation of its IIP standards. Bingham’smost…
Read moreRSM Restructuring Advisory LLP Administrators of Debt Free Direct has agreed a sale of the business to Aperture Debt Solutions. Debt Free Direct Ltd, based in Chorley, Lancashire, is an Individual Voluntary Arrangement (IVA) business that delivers debt solutions for individuals across the UK and employs 72 people. The Company was part of the wider Fairpoint…
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Liquidation notices have been issued and advertised in the London Gazette for the following companies: 122 LEADENHALL STREET LTD 19 GALE UK LTD 1ST FIX MACHINE SOLUTIONS LTD 888 CHINESE RESTAURANT LTD A & K GLAZING (UK) LTD A CAREY ENGINEERING SERVICES LTD A M WICKHAM LTD A MUM&DAD CO. LTD A RUSHTON JOINERY LTD A…
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Winding up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 4WORLD DESIGNS LTD A & D TRANSPORT LTD ACCOUNT CONTRACTORS LTD ACKROYD STREET WORKING MENS CLUB AGM DEVELOPMENTS (CARLIOL) LTD AGRA LTD AKA CONSTRUCTION LTD ALAN EDWARDS LLP ALLAN LORD ELECTRICAL LTD ALLECO LTD ANZ GENERAL SERVICES LTD…
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Administration notices have been issued and advertised in the London Gazette for the following companies: A.R.G. ELECTRODESIGN LTD ACE RECYCLING GROUP CIC AGHOCO 1087 LTD AMBA DEFENCE CONTROL LTD AMBA DEFENCE LTD AMBA DEFENCE TECHNOLOGY LTD ANDROMEDA TRADING LTD ASA RESOURCE GROUP PLC AUTOMA LTD AXHOLME CAR CO LTD B C BARTON LTD BEADWORKS UK LTD…
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Northern Ireland’s manufacturing sector has the lowest rate of firms at a higher than normal risk of insolvency of anywhere in the UK, according to the latest research by R3. In August less than one in five (19 per cent) of the North’s manufacturing businesses were considered at higher than normal risk of becoming insolvent…
Read moreFerguson Litigation Funding (FLF) has announced that is has hired business development and client care specialist Paul Cooklin, joining from litigation funder Manolete Partners, where he was chief operating officer. Cooklin has worked in the legal profession since 1984 and has extensive knowledge of the domestic and international commercial and business law sector. Cooklin joins from litigation…
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Short term lender, Cheque Centre has gone into administration. The firm once had more than 300 high street branches but last year closed its remaining outlets to focus on trading over the internet under the Square Today brand. FRP Advisory have been appointed administrators. FRP Advisory said the shift in business strategy left Cheque Centre with…
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