Credit, Collections & Insolvency News
Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies: 06651667 LTD 07103590 LTD 1ST CLASS DAY NURSERY LTD 2 TO 5 EARLY YEARS LTD 22 ZERO FOUR CONSULTING LTD 24/7 CAR CARE LTD 500 DEGREES W. HILL LTD 626 CARS HAVANT LTD A & S ENTERPRISE…
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Winding up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 1DIG LTD 22ZERO FOUR CONSULTING LTD 3A PROGRAMME MANAGEMENT SOLUTION LTD 3D PROPERTY DEVELOPMENT (TURRIFF) LTD 4BC ASSOCIATES LTD 5 STAR GAS SERVICES LTD A & A COOLING LTD A DOGS LIFE CO LTD A H MARKETING SERVICES…
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Administration notices have been issued and advertised in the London Gazette for the following companies: A & A (MELTON MOWBRAY) LTD ABAKUS DIRECT LTD. ABCDEFG CORPORATION LTD AGENCY LIGHTING LTD AK (LIGHTING & SIGNS) LTD ALTEC ENGINEERING GROUP LTD AMARYLLIS GROUP HOLDINGS LTD AMARYLLIS GROUP HOLDINGS LTD ASSOCIATED STEEL WORKS LTD ATHENA ROOFING AND CLADDING LTD…
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Wonga Group and WDFC UK have decided to place themselves into administration. Insolvency Practitioners from Grant Thornton are in the process of being appointed as administrators to manage the firms’ businesses and affairs. An announcement on the website said “A decision has been taken to place Wonga Group Limited, WDFC UK Limited, Wonga Worldwide Limited…
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The Insolvency Practitioners Association (IPA) has announced the appointment of Michelle Thorp as Chief Executive with effect from 10th September. Thorp joins the IPA from the Department for International Trade where she was Digital, Data and Technology lead and a major project leader for the Cabinet Office, specialising in strategic organisational change. Shehas almost twenty…
Read moreThe Government has announced new tools that will improve rescue opportunities for financially-distressed companies. The measures have been announced alongside new reforms that will help the Government tackle reckless directors and improve corporate governance to protect creditors, employees and other stakeholders in companies approaching insolvency. Proposed reforms will help strengthen the UK’s business environment which is a…
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Business Secretary Greg Clark has announced new powers to ban company directors. The new directive intends to target directors who have dissolved companies to avoid paying workers or pensions meaning that director could be disqualified or fined by authorities for the first time. The new measures also aim to give more time to rescue struggling…
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New research from Hitachi Capital Business Finance has indicated that the number of small businesses predicting growth for the next three months has hit its lowest level for more than a year – and the amount predicting they will struggle to survive or close has doubled from 5% to 10% in just three months. Hitachi…
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More than three in five small businesses (63%) are dealing with late payment issues – and the smallest businesses are those most at risk of dealing with non-payment – according to new research from Hitachi Capital Business Finance. With reports that 50,000 SMEs a year close their doors as a result of late payment –…
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UHY Hacker Young has announced the expansion of its Manchester office by welcoming a new partner to its leadership team. Tracey Pye has been appointed turnaround and recovery partner. Pye has run her own consultancy and was previously a business restructuring partner at Top 10 accountancy firm BDO LLP. Pye specialises in corporate restructuring and insolvency.…
Read morePolish Credit Union UK has been placed in administration. In an announcement on the company website, the Credit Union said that Dean Watson and Paul Stanley of Begbies Traynor have been appointed as Administrators. Polish Credit Union UK was launched in 2013 and has 500 members under its name. The union has been declared in…
Read moreAdministration notices have been issued and advertised in the London Gazette for the following companies: 1313 BATH LTD 25 W2 LTD 4FIBS LLP ACCIDENT ADVICE SOLICITORS LTD ACTON COACHWORKS(SPORTS CARS) LTD ALCHEMY COATINGS LTD ANACO SYSTEMS LTD ANGUS CEREALS LTD APS DEVELOPMENTS LTD ARMOUR CONTRACTS LTD ASCOT LAWYERS LTD AURELIA (RESTAURANT) LTD AWH UTILITY SERVICES LTD…
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Winding up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 101 ARTISTS LTD 1ST CHOICE BUSINESS SOLUTIONS LTD 36 SCARBOROUGH AVENUE LTD 36415201 LTD 4FIBS LLP A & W ROOFING SERVICES LTD A LEECH LTD A S BURNS LTD A-CLASS ASPHALTING LTD A.C.T DAMP & RENOVATIONS LTD ACQUISITION…
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