Credit, Collections & Insolvency News
PKF Littlejohn Advisory has announced that it has promoted Oliver Collinge and Stratford Hamilton to Partners. Hamilton heads up the PKF Littlejohn Advisory Contentious Insolvency team and has played a central role in several significant and high-profile matters, including the extensive and highly complex investigation into Public Interest Lawyers. Collinge handles all aspects of restructuring,…
Read more
Restructuring, turnaround and insolvency specialist R3 has announced that it has appointed Scott Murray as its new Chair in Northern Ireland. Murray, who is Managing Director at Keenan CF, will support R3’s programme of events and represent the interests of restructuring and insolvency professionals across the country. A licensed insolvency practitioner, Murray brings extensive experience…
Read more
Leonard Curtis has announced it has appointed Liam Griffin as its Restructuring Advisory Director. Griffin joins from Teneo to lead the firm’s offering alongside Dane O’Hara. Griffin, who will be based out of Manchester, has extensive experience advising corporates and their stakeholders to deliver positive outcomes in a range of challenging situations involving financial distress. He…
Read more
Four companies linked to a scheme which risks undermining insolvency legislation have been shut down. Atherton Corporate Partners LLP, Jones & Harlington Ltd, TYA GRP Ltd and TYA Two GRP Ltd formed part of the Atherton scheme, which allowed business owners to keep their assets and drop their debts. More than £18 million in previously…
Read more
Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales increased by 4% when compared to December 2025 to 1,744 in January 2026, but 14% lower than the same month in the previous year (2,028 in January 2025). The insolvency data consisted of 256 compulsory liquidations, 1,323…
Read more
Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland fell in January 2026. The data show that there were 74 company insolvencies registered in Scotland, 1% lower than the number in January 2025. The insolvencies comprised 42 CVLs and 32 compulsory liquidations. There were no administrations, CVAs or receivership appointments.
Read more
Latest monthly statistics from the Insolvency Service show that business insolvencies and personal insolvencies fell in Northern Ireland in January 2026. The data showed that there were 118 personal insolvencies, 16% lower than in January 2025. The insolvencies comorised of 85 IVAs, 19 DROs and 14 bankruptcies. Business insolvency data showes that. there were 21 company insolvencies,…
Read more
In January 2026, the following administration notices were issued and advertised in the London Gazette for the following companies: 100% PEACH LIMITED 4U FRESH PRODUCE LTD ALFRED INTEGRATED COMMUNICATIONS LIMITED ALFRED LONDON LIMITED ALLROUNDER CRICKET LTD BATT CABLES LIMITED BBL REALISATIONS LIMITED BBN REALISATIONS LIMITED BEAUFORD VICTORIA LTD BOOTH STEEL STOCKHOLDERS LIMITED BOOTH TRANSPORT LIMITED…
Read more
Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in January 2026: 08373021 LTD 100 WARDOUR LIMITED 10859267 LIMITED 1ST 4 LETTINGS LIMITED 2059 CHAPEL WALK WORCESTER (LEASECO) LIMITED 224 DIGITAL LTD 2GBC LTD 3 WAYS TRANSPORT LIMITED 3D EVENTS (PRODUCTION) LIMITED 3D PROTECTION LTD…
Read more
In January 2026, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 00 INVESTMENTS LTD 1ST CHOICE SECURITY TRAINING LTD 231 VICTORIA LTD 3 D I (MIDLANDS) LIMITED 9092 CATERING CO LTD 99K LIMITED A CLASS CEILINGS AND PARTITIONS LTD A H RENTALS LTD A J BUILDING &…
Read more
UK businesses continued to face intense financial pressure throughout 2025, with 28,616 insolvency activities recorded, while start-ups declined, according to a new report from R3. While corporate insolvency-related activities – including administration and voluntary and compulsory liquidations- eased slightly compared with 2024, when there were 29,366 instances, they remain significantly above pre-pandemic norms, reflecting a…
Read more
RSM UK has announced the appointment of Joe Barry as Restructuring Partner. Barry will lead the restructuring advisory team in Birmingham. Joining RSM from Teneo, Barry has over 14 years of experience in restructuring and turnaround. He is an experienced team leader with expertise across a broad range of industries, including construction, real estate, retail,…
Read more
New data shows Britain’s hospitality sector is shrinking fast, with a net loss of 382 venues between October and December. Industry bodies warn that without broader support, hundreds of restaurants, hotels and pubs could close in 2026, despite pubs being exempt from upcoming business rates increases according to NIQ’s latest Hospitality Market Monitor. Britain’s number…
Read more