Credit, Collections & Insolvency News
Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland rose by 9%. In February 2024 there were 94 company insolvencies registered in Scotland, 9% higher than the number in February 2023. The business insolvencies comprised of 33 compulsory liquidations, 58 CVLs, and three administrations. There were no CVAs or receivership…
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Latest monthly statistics from the Insolvency Service have shown that business insolvencies doubled and personal insolvencies increased in Northern Ireland in February 2024. The data showed that there were 26 company insolvencies registered in Northern Ireland, twice as many as (100% higher than) in February 2023. This was comprised of nine CVLs, 14 compulsory liquidations, and…
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In February the following administration notices were issued and advertised in the London Gazette for the following companies: 60 CURZON STREET DEVELOPMENTS LTD A TO B DIRECT LTD A. & S. CARPETS & VINYLS LTD A1 COMMS LTD ACACIA (PB) LTD ACP IP HOLDINGS LTD AQUADART BATHROOMS LTD ARRIVAL AUTOMOTIVE UK LTD ARRIVAL UK LTD…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in February: 1 LANDMARK BUILDERS LTD 11097893 LTD 111 HEALTHCARE LTD 129 MOSELEY LTD 13 BAR LTD 1371 LTD 16 CTR LTD 17 CTR LTD 1787 DESIGN LTD 1POUND ISLAND LTD 1ST CALL RECRUITMENT (LINCOLN) LTD…
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In February Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 10TEN TALENT LTD 2 INNOVATIVE (LEIC) LTD 2020 HOMES LTD 31 HARLEY STREET LTD 38 EASTBURY AVENUE DEVELOPMENTS LTD 4XL PROFESSIONAL SERVICES LTD A & R PIKE INTERIORS LTD ABILO JOINERY LTD ADANA MANAGEMENT GROUP LTD ADL…
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The Lord Chancellor has approved the reappointment of Alison Curry as the accountant member of the Insolvency Rules Committee (IRC). Curry is a licensed insolvency practitioner with 28 years of experience working within both private practice and the regulatory arena. She is currently Technical Manager at AlixPartners, where she provides legislative and regulatory compliance support…
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A former Director of Extra Energy Supply has been banned from running a business for six years. Mordechay Ben-Moshe, 48, was a Director of Birmingham-based Extra Energy Supply, which supplied around 130,000 household and business customers at the point it went into administration in December 2018. At the time of its collapse, Extra Energy Supply was…
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Latest figures from Accountant in Bankruptcy (AiB) have indicated that Scottish business insolvency numbers (liquidations and receiverships) decreased in September. The figures showed that. in September 2023 there were 87 business insolvencies registered in Scotland, which was 16% lower than the number in September 2022. The insolvencies comprised of 30 compulsory liquidations, 52 CVLs and five…
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Latest figures from the Insolvency Service have shown that the number of business insolvencies in England & Wales for September 2023 increased by 17% when compared to last year. The number of registered business insolvencies was 1,967, compared to 1,688 in September 2022. Of the registered business insolvencies in September 2023 there were 1,576 CVLs,…
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In September the following administration notices were issued and advertised in the London Gazette for the following companies: 6 TOWNS CREDIT UNION LTD ACELERON LTD ACTIVE SOLUTIONS UK LTD ACUITY SELECTIVE FINANCE LTD ANNAFIELD LTD APEX AERO LTD APEX BSJ LTD ATG – IT. LTD AUSTIN FRASER LTD AXIS SIGNS LTD BABY TV LTD BABYLON…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in September: 01437238 LTD 1111 HOLDINGS LTD 13 FUSION LTD 2020 HOTELS LTD 222 GROUP LTD 231 HOSPITALITY LTD 29 HIGH STREET EAST GRINSTEAD LTD 2B REFURBISHMENT LTD 365 HOSPITALITY & LEISURE GROUP LTD 7 &…
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In September Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 1966 ENTERTAINMENT LTD 21 SOHO SQUARE LTD 333 RECORDS LTD A BRIGHT CARE LTD AC CARE SERVICES LTD ACORDD DOORS LTD ACTIVE ALLOYS LTD AERONA CLINICAL LTD AIRSOFT ANONYMOUS LTD AJH GROUP CONSTRUCTION LTD AJS SERVTECH LTD…
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The former boss of failed outsourcing and construction company, Carillion has been banned by the Insolvency Service from leading a business for 8 years. Richard Howson, who was the Chief Executive Officer of Carillion Plc until 10th July 2017, Carillion collapsed in January 2018 amid debts worth £7 billion, leaving a string of projects in its wake across…
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