Credit, Collections & Insolvency News
In July the following administration notices have been issued and advertised in the London Gazette for the following companies: 152 LR LTD 154 LR LTD A & A TRAINING LTD ABERYSTWYTH MARINA LTD ACCLAIM UPHOLSTERY COMPANY LTD ACUMEN CARE SERVICES LTD ADAMO COMMONWOOD MANOR LTD ADAMO RIVERCROFT HOTEL LTD AFFORDABLE FITNESS LTD ART PROJECTS FOR…
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In July Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 20190221 LTD 231 HOSPITALITY LTD 4 FOOD LONDON LTD A & U (LONDON) LTD A TO Z COMPONENTS LTD A.B. HAULAGE LTD ABACUS ENERGY ENTERPRISES LTD ACF CONSULTANTS LTD ACTIVE BRAND CONCEPTS LTD ACUTE ELEVATORS LTD…
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Recent figures from the ONS have revealed a 15% drop in insolvencies in the last 12 months, with reports falling from 99,300 to 84,080. Whilst these statistics reflect positivity, the report also points to an ongoing decline of business startups, with Q2 of 2023 being the eighth consecutive quarter where business births have been lower…
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British towns have lost 6,000 retail outlets over the past five years, though the vacancy rate has improved in some settings, according to latest British Retail Consortium figures. The figures showed that the biggest 650 towns across have lost a combined 6,000 retail outlets, such as shops and restaurants, since 2018 with vacancy rates reaching…
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Latest quarterly figures from the Insolvency Service have shown that the number of business insolvencies in England & Wales jumped to 13% in Quarter 2 (Q2) 2023 compared to Q2 2022, and reached the highest level since Q2 2009, Q2 figures were also 8.9% higher than in Q1. The figures show between 1st April and…
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Latest quarterly statistics from the Insolvency Service have indicated that Northern Irish personal insolvencies increased by 4%. In Quarter 2 (Q2) 2023 there were 458 personal insolvencies, 4% higher than the same quarter in 2022. The personal insolvencies comprised 349 IVAs, 47 DROs and 62 bankruptcies. The business insolvencies figures showed that there were 35 company insolvencies…
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New data from Accountant in Bankruptcy (AiB) has revealed that business insolvencies jumped 19.7% in Quarter 1 (Q1) when compared to the same period last year. Sottish business insolvency numbers in Scotland also increased by 21.7% when compared to pre-pandemic levels in 2019. The number of business insolvencies (liquidations and receiverships) decreased by 15.6% compared…
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Latest figures from the Insolvency Service have shown that the number of business insolvencies in England & Wales for June 2023 was 2,163, this was 27% higher than in the same month in the previous year (1,698 in June 2022). The increase business insolvencies compared to the same month last year was mostly driven by…
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Latest figures from Accountant in Bankruptcy (AiB) have indicated that Scottish business insolvency numbers (liquidations and receiverships) have increased, In June 2023 there were 113 business insolvencies registered in Scotland, 51% higher than the number in June 2022. The business insolvencies comprised of 36 compulsory liquidations, 72 CVLs and five administrations. There were no receivership appointments…
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Latest monthly statistics from the Insolvency Service have indicated that Northern Irish business insolvencies fall whilst personal insolvencies have risen In June 2023 there were 14 business insolvencies registered in Northern Ireland, 44% lower than June 2022. The business insolvencies comprised of 11 CVLs, two compulsory liquidations and one CVA. There were no administrations or receivership…
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In June the following administration notices have been issued and advertised in the London Gazette for the following companies: 1957 CAPITAL LTD 1957 HOLDINGS LTD ACORN COUNTRY CAPITAL LTD ACP LEISURE LTD ADASTRA ACCESS LTD AGE CHECK CERTIFICATION SERVICES LTD ALL IN BLACK LTD ALW GROUP (UK) LTD ASPIRE-IGEN GROUP LTD ASSET REMARKETING SERVICES LTD…
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In June Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 20190221 LTD 234567 LTD 24 HRS STEEL LTD 84 WEST LTD 99 HIPPOS LTD A J DAVIES & SONS LTD A.L. MEDICAL LTD ABELIAN DESIGN LTD ABERYSTWYTH MARINA LTD ABPN CONSTRUCTION LTD ACEPOINT SOLUTIONS LTD ACIUS…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in June: 2EM SERVICES LTD 381 IT SOLUTIONS LTD 3J TECH TEST LTD 73 MEDIA LTD A & A WINDOWS DIRECT LTD A & M CIVILS LTD A & N CORPORATION LTD A D CONSULTANCY LTD…
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