Credit, collections & insolvency news
In April the following administration notices were issued and advertised in the London Gazette for the following companies: 3ACE INTERNATIONAL LTD AAA CLEANING SUPPLY LTD AAD77 LTD ALUMINIUM WINDOWS LTD ARCHITECTURAL GLASS AND ALUMINIUM LTD ARMSTRONG CRAVEN LTD ARSLAN LONDON SECURITY LTD ATLAS WORCESTER WARRIORS RUGBY CLUB LTD BEATTIE PASSIVE BUILD SYSTEM LTD BEATTIE PASSIVE…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in April: 1 CALL CARE C.I.C. 1234 TRAVEL LTD (FORMERLY HOLIDAY WITH US LTD) 123T LTD 186 RESTAURANT CO LTD 2A LOGISTICS LTD 2PEDALZ LTD 349 DDR LTD 360 PROPERTY SERVICES LEEDS LTD 3H MEDIA INTERNATIONAL…
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In April, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 02262749 LTD 11222557 LTD 12810061 LTD 186 RESTAURANT CO LTD 1862 LTD 2 SAREN HOUSE MANAGEMENT LTD A.B. BUTCHERS LTD A&K RESTAURANTS LTD ABBEY PLASTERING & CONSTRUCTION SERVICES LTD ABINGDON OAK LTD ACCESS PROPERTY FINANCE LTD ACKA…
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Latest figures from the Insolvency Service have shown that the number of business insolvencies in England & Wales in March 2024, was 17% lower than in February 2024 (2,177) and 17% lower than the same month in the previous year (2,193 in March 2023). The number of registered business insolvencies totalled 1,815 with insolvencies comprising…
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Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland rose by 11%. In March 2024 there were 115 company insolvencies this was 11% higher than the number in March 2023. The insolvencies comprised of 44 compulsory liquidations, 62 CVLs, and 9 administrations. There were no CVAs or receivership appointments.
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Latest monthly statistics from the Insolvency Service have shown that business insolvencies doubled and personal insolvencies decreased in Northern Ireland in March 2024. In March 2024 there were 26 company insolvencies registered in Northern Ireland, twice as many as (100% higher than) in March 2023. The business insolvencies comprised of 14 CVLs, 8 compulsory liquidations,…
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Latest figures from Accountant in Bankruptcy found that there were 1,168 Scottish business insolvencies in the year 2023-2024. The figures showed that this was an increase of 3% from 2022-2023’s figure of 1,132, an increase of 37% on 2021-2022’s figure of 854, and an increase of 23% compared to pre-pandemic levels in 2019-2020 (948). Fourth quarterly…
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New analysis by Mazars has found that the number of insolvencies by retailers has increased 19% in the past year to 2,195 in 2023/24 up from 1,843 in 2022/23. High profile retail insolvencies include The Body Shop in February, as well as fashion brand Ted Baker and online luxury fashion retailers MatchesFashion and Farfetch. Cautious…
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In March the following administration notices were issued and advertised in the London Gazette for the following companies: ABCDE1 LTD ADAMO PROPERTY GROUP LTD AIRSUPPLY SOLUTIONS LTD ALAN GORDON ENGINEERING CO. LTD ALLOUISON INVESTMENTS LTD ALUCRAFT SYSTEMS LTD ALUTOOL (PREFORM DIE) CO. LTD ANNA VALLEY LTD APEX HOMES (RIPON) TWO LTD APP TECH PRODUCTIONS 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 March: A.B.J.Z DRIVER HIRE LTD 06864659 LTD 10TEN TALENT LTD 10TH MAN MEDIA LTD 157 US LTD 19 MUSIC LTD 1ST CHOICE HOME IMPROVEMENTS LTD 1ST FOR CARE LTD 2 STARS TANDOORI LTD 214 LTD…
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In March Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 1A1Z LTD 1LETA LTD 2 SISTERS LEICESTER LTD 778 CONSTRUCTION LTD A & G QUALITY RETAILERS LTD A S ELECTRICAL SERVICES (SOUTHERN) LTD A S SUPPORT LTD A STAR COMMUNICATIONS LTD A.B.C>CONCRETE DIRECT LTD A.S.E. DESIGN AND…
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Latest figures from the Insolvency Service have shown that the number of business insolvencies in England & Wales in February 2024 totalled 2,102, this was 17% higher than in the same month in the previous year (1,801 in February 2023). Of the 2,102 registered business insolvencies 1,707 CVLs, which is 12% higher than in February…
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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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