Credit, Collections & Insolvency News
Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales fell by 1.7% in August 2025 to a total of 2,048 compared to July 2025’s total of 2,083, and increased by 5.9% compared to August 2024’s figure of 1,933. The insolvencies consisted of 281 compulsory liquidations, 1,578…
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Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland increased in September 2025. The data showed that there were 103 business insolvencies registered, 41% higher than the number in September 2024. The insolvencies comprised of 50 CVLs, 48 compulsory liquidations and five administrations. There were no CVAs or receivership…
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Latest monthly statistics from the Insolvency Service show that personal insolvencies fell in Northern Ireland in September 2025, whilst business insolvencies remained at the same level. The data showed there were 108 personal insolvencies, which was 30% lower than in September 2024. The insolvencies comprised of 71 IVAs, 12 bankruptcies and 25 DROs. Business insolvency data…
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Begbies Traynor has announced it has added to its team in Glasgow with the appointment of George Lafferty as Director. Lafferty joins the leading professional services firm from another Glasgow insolvency firm, where he was insolvency director. He has previously held senior positions with other well-known insolvency firms in the city. During his extensive career,…
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Financial advisory firm, Begbies Traynor, has announced that it has appointed Thomas McKay as Managing Partner in Scotland and Northern Ireland as part of its new board structure to enable further UK expansion. The updated structure also sees Mark Fry named Begbies Traynor Group CEO. In his new role Fry will drive the day-to-day leadership…
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In September, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: (UK) W1G LIMITED 10 MARKET PLACE LIMITED 2471 CONSULTANCY LIMITED 4 COUNTIES SOLUTIONS LTD A K L TRADING LTD A PLUS A CIVILS AND GROUNDWORKS LIMITED A.E.ROBERTS(FRUITGROWER & NURSERYMAN)LIMITED A&L SOURCING LTD A2B RECRUITMENT PERSONNEL LTD A6IX…
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In September, the following administration notices were issued and advertised in the London Gazette for the following companies: 713 EMMERSON LIMITED AIRROC LIMITED ALEXANDER AND JAMES LIMITED ALTEGRA ACCESS & SECURITY SYSTEMS LIMITED ALTEGRA INTEGRATED SOLUTIONS LIMITED ALUMINIUM CASTINGS LIMITED AMMEGEN LIMITED ANSADOR LIMITED ARAMIT PROPERTIES LTD ARDMORE CONSTRUCTION LIMITED ARGENTEX CAPITAL LIMITED ARRANPAUL AUDIO…
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Advisory services specialist the Dains Group has acquired Curo. Curo was founded in 2005 by Anna Madden and Julia Gallagher, who first met whilst working together at a ‘big four’ firm. The Curo team, based in Bromsgrove, will continue to operate under the leadership of Anna Madden (Head of Audit) and Julia Gallagher (Head of…
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A Manchester-based company has been shut down after investigations revealed it was acting as a front to enable unlicensed insolvency activities previously carried out by another firm. Davis Acquisitions Ltd became the director of 78 client companies previously associated with Save Consultants Ltd, allowing directors to transfer control and avoid formal insolvency proceedings. Websites of…
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PKF Littlejohn has announced it has appointed Mike Lee as a Director in its Advisory & Restructuring team. With more than 30 years’ experience as a corporate advisory and turnaround specialist in the North West, Lee will be responsible for providing strategic advice to clients facing creditor issues with practical measures such as cashflow analysis,…
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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 July 2025 at 3,973, making up 17% of all industry cases. Kelly Boorman, National Head of Construction at RSM UK, said “The latest insolvency figures reflect the ongoing economic pressures facing construction businesses,…
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Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales fell by 1.7% in August 2025 to a total of 2,048 compared to July 2025’s total of 2,083, and increased by 5.9% compared to August 2024’s figure of 1,933. There were 2,048 in August 2025 the…
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Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland fell slightly in August 2025. The data shows that there were 95 business insolvencies registered in Scotland, which was 7% lower than the number in August 2024. The business insolvencies comprised of 47 CVLs, 43 compulsory liquidations and five administrations.…
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