Credit, Collections & Insolvency News
Yorkshire-based asset valuation and disposal specialists BPI and BPI Asset Advisory have acquired a significant stake in McQueen Partnership, the Leeds-based debt recovery and credit control specialist. The investment brings debt recovery and credit management under the BPI umbrella for the first time. Insolvency practitioners, lenders, asset-based lenders and accountants can now turn to one…
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Opus Advisory Group has strengthened its Strategic Advisory division with the appointment of Tom Windett as Partner, specialising in Debt Advisory. Windett will work across Opus’ Bristol and London offices, advising business owners and management teams on a wide range of debt funding requirements, while supporting the continued growth of the Group’s advisory offering. He…
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By the end of 2026, approximately one pub a day will have closed, according to the latest figures from the British Beer and Pub Association (BBPA). The trade body estimates that around 360 pubs will permanently shut their doors by the end of the year. This would result in around 5,000 job losses, with over…
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The Insolvency Service shut down a company that claimed it could help directors of failed businesses ‘walk away’ with ‘no comeback’ after an investigation. Leeds-based Ellan NW Ltd, trading as Knowsley Recovery, claimed it could help directors avoid the insolvency system by arranging the purchase of their struggling companies. The company claimed the new owners…
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In September 2026, Winding-Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 37 VICTORIA ROAD LIMITED 4-14 SPURSTOWE TERRACE LLP 9TFIVE LIMITED A CLASS METAL ROOFING LIMITED A J WHEELER LIMITED A-TEAM CARE LTD A.I.U.H GROUP LTD A&A FORMWORK LTD ADA CARE LIMITED ADEPT UNLIMITED LTD AFROHAIRCANDY LTD AG…
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In September 2026, the following administration notices were issued and advertised in the London Gazette for the following companies: A & J SECTIONAL BUILDINGS LIMITED AIRBAND COMMUNITY INTERNET LIMITED ALEXANDERS DISCOUNT LTD ATLANTIC LODGE (HOUSING) LIMITED BARKER HOMES MAIDENHEAD LTD BBE INTERNATIONAL LIMITED BHGS LIMITED BLACK SALT SHEEN LIMITED BORN UGLY LIMITED BRAIER GROUP LTD…
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In September 2026, Appointment of Liquidators (Creditors’ Voluntary Winding-Up) were issued and advertised in the London Gazette for the following companies: 081 PIZZERIA LIMITED 121 URBAN HOT YOGA LIMITED 1ST AURORA LIMITED 1ST CHOICE AUTOMOTIVE LIMITED 1ST CLASS DISPOSAL LTD 1ST RESPONSE BUILDING MAINTENANCE LTD 1ST RESPONSE SITE SERVICES LIMITED 21ST CENTURY OFFICE CONCEPTS LIMITED…
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Moore Kingston Smith has announced it has appointed David Smithson as a Restructuring and Insolvency Partner, strengthening the practical support available to businesses, directors and lenders primarily across the South, as well as in London, as they navigate financial pressure and uncertainty. Smithson has 37 years’ experience in the profession, including 22 years as a licensed…
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The Insolvency Service says it can drive even greater impact by helping people and businesses spot problems and find the right support earlier, and resolve them faster, before their situation escalates. The agency’s new five-year strategy outlines a marked change in how it will work in future, making sure it spots risk sooner, guides people…
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Seven seemingly unrelated companies have been shut down after Insolvency Service investigators and Companies House combined to unearth evidence of a connection between them. The companies, three of which were based in London and the other four in Lancashire, Manchester and Reading, were said to be involved in various trades including the wholesale of fruits,…
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Latest figures from the Insolvency Service have shown the number of business insolvencies in England and Wales increased by 1% in August 2026 when compared to the previous month, with 1,946 cases compared to 1,934 in July. August’s figure was 3% lower than the same month in 2025, when there were 2,007 cases. The number…
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Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland fell in August 2026. There were 73 company insolvencies registered in Scotland, down 23% from August 2025. The business insolvencies comprised 30 CVLs, 35 compulsory liquidations and eight administrations. There were no CVAs or receivership appointments.
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Latest data from the Insolvency Service has shown that personal insolvencies increased whilst business insolvencies fell in Northern Ireland in August 2026. The data showed that there were 140 personal insolvencies; this was 4% higher than in August 2025. The insolvencies comprised 117 IVAs, 16 DROs and seven bankruptcies. Business insolvency data showed that insolvencies…
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