Credit, Collections & Insolvency News
Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland declined by 7% in April 2025. The data showed that there were,there were 101 company insolvencies registered in Scotland, 7% lower than the number in April 2024. The total number of business insolvencies was comprised of 47 CVLs, 51 compulsory liquidations…
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Professional services group Leonard Curtis has appointed Steve Muncaster to strengthen its restructuring and turnaround team in the Northwest, with particular focus on the Merseyside region. Muncaster joins the leading UK firm as a director, qualified accountant and licensed Insolvency Practitioner (IP), with over 25 years’ experience in restructuring and corporate recovery. He has extensive…
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In April, the following administration notices were issued and advertised in the London Gazette for the following companies: 79TH LEISURE TWO DEVELOPMENT LIMITED 79TH LEISURE TWO MANAGEMENT LIMITED 79TH LUXURY LIVING LIMITED 79TH LUXURY LIVING ONE LTD 79TH LUXURY LIVING SIX LTD AEC INDEPENDENT LTD AMHERST HOMES LTD AMP 75 LIMITED ARIES LIMITED ARROW FILM…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in April: 05CREATIVE LIMITED 06449000 LTD 124APPS LIMITED 1ST STEPS DAY CARE LTD 20:09:11 LTD 3RD RAIL LIMITED 3RD SECTOR ESTATES LIMITED 4 IN 1 EXPRESS TAKEAWAY LTD 4 SEASONS CAR WASH (NE) LIMITED 48.3 SCAFFOLD…
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In April, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 13389688 LTD 18-19 BUCKINGHAM GATE INVESTMENTS LIMITED 31 MEDIA LIMITED 345 – VQ UK LIMITED 3ACES LIMITED 777 SECURITY LTD A & L PRECISION ENGINEERING LIMITED A & M PROFESSIONAL LTD A & S PROPERTY DEVELOPMENT LTD…
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Latest data from the Insolvency Service has found that the construction industry experienced the highest number of insolvencies in the 12 months to February 2025 at 4,046, making up 17% of all industry cases. Kelly Boorman, National Head of Construction at RSM UK, said: “Rising inflation, tariffs uncertainty and incoming rises to employment costs are…
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Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales decreased by 2.9% in March 2025 to a total of 1,992 when compared to February 2025’s total. Business insolvencies increased by 9.1% when compared to March 2024’s figure of 1,826 than the same month in the…
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Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland increased by 3% in March 2025. The data showed that there were 118 business insolvencies registered in Scotland, which was 3% higher than the number in March 2024. The total insolvencies comprised of 55 CVLs, 57 compulsory liquidations and six administrations.…
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Latest monthly statistics from the Insolvency Service show that in March 2025, personal insolvencies declined while business insolvencies increased in Northern Ireland. The data showed that there were 134 personal insolvencies in, which was 9% higher than in March 2024. The insolvencies consisted of/ 102 IVAs, 18 bankruptcies and 14 DROs. Business insolvency data shows that…
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Shipleys LLP has announced that it will be merged with Moore Kingston Smith. Shipley’s says that the merger enables both firms’ clients to benefit from an expanded suite of professional services and expertise. As a result, Shipleys will rebrand to Moore Kingston Smith on 6th May 2025. Shipleys’ 19 partners and 150 people are now…
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Latest annual data analysis by the Accountant in Bankruptcy has shown that there were 1,175 corporate insolvencies in the year 2024-2025. This was a slight increase of 0.6% from 2023-2024’s figure of 1,168, and an increase of 3.8% on 2022-2023’s figure of 1,132. Separate quarterly figures (fourth quarter 2024-25) showed that registered companies becoming insolvent…
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In March, the following administration notices were issued and advertised in the London Gazette for the following companies: ABSOL REALISATIONS LTD ACM-47 GUILDFORD RD LIMITED ACTION ARTIFICIAL INTELLIGENCE LIMITED AD WILLIAMS LYDD LTD AD WILLIAMS SOUTHAMPTON LIMITED ADAM CARPETS LIMITED ADVENTURE PARC SNOWDONIA LIMITED AERGO LTD AFTECH LIMITED ALSIM SYSTEM BUILDING LIMITED ALTRIX TECHNOLOGY LTD…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in March: 1 COMM SYSTEMS LIMITED 100WATT DESIGN LIMITED 1016 DEVELOPMENTS LIMITED 10761645 LTD 11220212 LTD 11557975 LTD 141 PARK LANE LIMITED 1CSS LTD 21ST CENTURY WASTE SOLUTIONS LTD 2ASB LTD 2MANYWINES LTD 3P EFFECTS DECORATING…
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