LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – March 2022

5th April 2022 Business | #business insolvency

Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in March: 108 (DARLINGTON) LTD 1701 ENTERPRISE LTD 1776 GROUP LTD 1821 HOLDINGS LTD 1ST CHOICE ROLLER SHUTTER SERVICES LTD 2 DEGREE C LTD 2 PHYSIQUE’D LTD 2017 EASY EATING LTD 2TEMPTU TRAVEL LTD 3D DIGITAL…

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INSOLVENCY NOTICES: Winding Up Petitions – March 2022

5th April 2022 Business |

In March Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 05638092 LTD 4PROPERTYUK LTD A & L GENERAL BUILDING LTD A1 RESTORATIONS LTD ACS MAX LTD AIRLINE MAINTENANCE TRAINING LTD ALBION FABRICATIONS LTD ALLIANCE BRICKWORK LTD AMANAH BB CENTRE LTD ANCHOR HOUSE CONSTRUCTION LTD ARCADIA ALIVE…

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Ofgem evidence reveals potential £2.4bn fallout from energy firm collapses

24th March 2022 Business | #energy insolvencies

Energy providers could receive up to £2.4 billion for taking on the customers of firms that have collapsed since 2021 according to written evidence given to the Business, Energy and Industrial Strategy Committee by industry regulator Ofgem. The Committee published the figures as part of its inquiry into energy pricing and the future of the…

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Business Insolvencies double

16th March 2022 Business | #business insolvencies

Latest figures from the Insolvency Service have indicated that the number of business insolvencies in England & Wales more than doubled year-on-year last month, with 1,515 business insolvencies in February. The increase was 121.2% compared to February 2021’s figure of 685. They were also 12.6% higher than in February 2020 (1,346). The increase in company…

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Scottish business insolvencies increase by 181%

16th March 2022 Business | #business insolvencies

Latest figures from Accountant in Bankruptcy (AiB) has indicated that business insolvency numbers (liquidations and receiverships) in Scotland nearly tripled in February. In February 2022 there were 73 business insolvencies registered in Scotland, 181% (2.8 times) higher than February 2021 but 15% lower than in February 2020. The business insolvencies comprised of 10 compulsory liquidations,…

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Northern Irish Business and Personal insolvencies rise

Latest statistics from the Insolvency Service have indicated that Northern Irish business and personal insolvency figures increased the latest quarterly figures. In February 2022 there were 18 business insolvencies registered in Northern Ireland, this was over three times as many as in February 2021, but 33% lower than February 2020. The insolvencies comprised of 10…

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Restaurant insolvencies increase by a fifth

Restaurant insolvencies increases by a fifth to reach highest levels since pandemic began according to new research by UHY Hacker Young. The data shows that restaurant insolvencies rose to 354 in the last quarter of 2021, up from 296 in the previous three-month period. UHY Hacker Young says that restaurants will also have to contend…

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R3 launches insolvency fee guide

8th March 2022 Business | #insolvency

Insolvency and restructuring trade body R3 has published new research which aims to address a range of misconceptions about insolvency fees.    R3’s paper, ‘Insolvency fees and the cost of regulation – the detail behind the headlines’, explains how insolvency fees are charged, paid and regulated, and provides an overview of the role of the…

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INSOLVENCY NOTICES: Appointment of Administrators – February 2022

4th March 2022 Business | #insolvencies

In February the following administration notices have been issued and advertised in the London Gazette for the following companies: 1 CHIL (F1) LTD 146 TR LTD 152A LR LTD 152S LR LTD 154A LR LTD 154B LR LTD 154S LR LTD 16 CTR LTD 17 CTR LTD 20 – 24 LR (CH) LTD 20-24 LR…

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LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – February 2022

4th March 2022 Business | #insolvency

Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in February: 0 DAYS OFF LTD 100 HANDS LTD 10729736 LTD 11 ENTERTAINMENT LTD 123 TRAVEL LTD FORMERLY KNOWN AS HOLIDAY WITH US (SPALDING) LTD 1ST BUSINESS ENERGY LTD 21ST CENTURY SIGNS AND DESIGNS LTD 365…

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INSOLVENCY NOTICES: Winding Up Petitions – February 2022

4th March 2022 Business |

In February Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 15:17 LTD 4PROPERTYUK LTD ACE RETAIL LTD AERPART HOLDINGS LTD AFC GLOBAL LTD AKT ASSET HOLDING LTD ALEXANDRA ASSOCIATES (U.K.) LTD AMTC LTD ANCHOR PROPERTY DEVELOPMENTS LTD ARABELLA BESPOKE INTERIORS LTD ARTIC COOL LTD ASHER HOLDINGS…

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Business insolvencies more than double in January 2022

3rd March 2022 Business | #business insolvencies

January 2022 saw yet another rise in the number of corporate insolvencies, as UK companies continue to face a number of challenges on the back of the Covid-19 pandemic. According to recently published Government data, 1,560 company insolvencies were registered in January 2022, more than double the number in January 2021 (758). This figure is…

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Oakham enters into administration

High-cost lender company, Oakham has been placed into administration. The company trading as Oakam and Loal was placed loaned money to customers for between 6 to 36 months. All existing loan agreements remain in place, although the firm is no longer able to issue new loans. Andrew Tate and James Hopkirk of Kreston Reeves LLP were…

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