Credit, Collections & Insolvency News
Winding up Petitions have been issued and advertised in the London Gazette for the following companies: 4FRONT CLEANING LTD A & D HOMES LTD A & R HEATING & PLUMBING LTD A M GAS SERVICES AARON WEBSTER LTD ABSOLUTE HOME TEXTILES LTD ACTIONWAY LTD AE SYSTEMS LTD AERIAL CREATIONS LTD AGILE CONVEYANCING SEARCHES LTD AGP STEEL…
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Administration notices have been issued and advertised in the London Gazette for the following companies: 19 – 20 POLAND STREET LLP 1ST CLASS LEGAL (IS) LTD 4ENERGY LTD 99P STORES LTD A. JONES & SONS LTD ABSOLUTE HOME TEXTILES LTD ADRIAN PHILLIPS PROJECTS LTD AFC ANODISING & POWDER COATING LTD AGENT PROVOCATEUR LTD ALBURY PARK MANSION…
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Restructuring and advisory work is an increasingly important focus for professionals who advise insolvent businesses, according to a survey by insolvency and restructuring trade body R3. A large majority (68%) of respondents said that demand for advisory work had increased in recent years, with over half saying this is because awareness of business rescue options has…
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Duff & Phelps has announced that Michael Bills has been promoted to a Managing Director in its London office as part of the Restructuring Advisory practice following two successful secondments to leading Asset Based Lending institutions. Bills specialises in providing strategic financial advice and planning to borrowers and lenders with ABL facilities. This advisory work…
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Changes to corporation tax loss relief included in the Budget Red Book could damage UK business rescue, warns insolvency and restructuring trade body R3. The 2017 Budget was a missed opportunity to amend the reforms, which were first proposed in last year’s Budget and are due to come in on the 1st of April 2017. The…
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With £820million of new anti-tax avoidance measures announced in today’s Budget, Andrew Tate, president of insolvency and restructuring trade body R3, says: The government needs to think more carefully about the impact its anti-tax avoidance tools have on those individuals affected. Tackling the abuse of the tax system is needed, but efforts to do so should…
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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 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…
Read moreAdministration 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…
Read moreMazars 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…
Read moreA 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’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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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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