Credit, Collections & Insolvency News
A total of 161 pubs closed across Britain in the first three months of this year, an equivalent of almost two a day, according to the latest figures from the British Beer and Pub Association (BBPA). The industry body said the closures across England, Scotland, and Wales equated to more than 2,400 job losses –…
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Britain is losing 3.4 pubs and restaurants per day, with more than 350 closures in the first quarter alone. Rising energy costs, higher taxes and weaker consumer demand are placing sustained pressure on the sector, with further closures expected throughout 2026. Soaring costs for businesses and consumers led to a 0.3% drop in Britain’s number of licensed premises in the…
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Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales increased by 7% in March 2026 when compared to the previous month. and were on similar levels to March 2025. March’s increase suggests that oil price spikes and renewed inflation concerns linked to escalating conflict in the…
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Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland increased in March 2026. The data showed that there were 131 company insolvencies registered in Scotland, 11% higher than the number in March 2025. The insolvencies comprised of 53 CVLs, 57 compulsory liquidations, 18 administrations and three receivership appointments. There…
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In March 2026, the following administration notices were issued and advertised in the London Gazette for the following companies: 12 TREVOR PLACE LIMITED 17 BERKELEY STREET (FLAT 8) LIMITED 17 CRESSWELL GARDENS LIMITED 17 HERTFORD STREET LIMITED 172 OAKWOOD CT LIMITED 23 QG PLACE (THE PENTHOUSE) LIMITED 24 MOUNT ROW (FLAT 1) LIMITED 2C SERVICES…
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In March 2026, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 1ST CARS LIMITED 1ST ECO GEN LTD 1ST PAY LIMITED 2 BY 2 DEVELOPMENTS LTD 327GB LTD 59 CHARLOTTE STREET LIMITED A.L.RINSTALLATIONSERVICES LTD A.M. ENFORCEMENT LTD A&B HOME CARE LTD ABREY CONSTRUCTION LIMITED ABU ZAR LIMITED…
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Business bankruptcies held broadly steady in 2025, maintaining a three‑year plateau of between 24,000 and 25,000 cases, reported annually according to new analysis from Dun & Bradstreet, a leading global provider of business data and analytics. While failures remain significantly above pre‑pandemic averages, the levelling‑off marks a period of relative stability following the sharp adjustments…
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Latest Insolvency Service data show that accommodation and food services insolvencies rose 9% month-on-month, from 205 in December 2025 to 223 in January 2026. However, insolvencies in the sector dropped 18% year-on-year from 273 in January 2025. RSM UK says that this uptick, while concerning in the short term, is set against a more favourable year-on-year backdrop. This suggests…
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Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales increased by 7.4% in February 2026 when compared to the previous month. The data showed that there were 1,878 business insolvencies. The figures was 7% lower than the same month in the previous year (2,015 in February…
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Latest monthly statistics from the Insolvency Service show that business insolvencies and personal insolvencies rose in Northern Ireland in February 2026. The data showed that there were 25 company insolvencies registered in Northern Ireland, 19% higher than in February 2025. The insolvencies comprised of eight compulsory liquidations, 16 CVLs and one administration. There were no CVAs or receivership…
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Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland fell in February 2026. The data show that there were 98 business insolvencies registered in Scotland, 5% lower than the number in February 2025. The business insolvencies comprised of 50 CVLs, 39 compulsory liquidations, six administrations, two receivership appointments and one CVA.
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In February 2026, the following administration notices were issued and advertised in the London Gazette for the following companies: 21:12 COMMUNICATIONS LIMITED A.L.N. CARPENTRY & JOINERY LTD AB SITE SOLUTIONS LTD AIR (UK) CONSULTANCY SERVICES LTD ALL THINGS GREEK LIMITED ALLEN REID LIMITED ALPKIT LTD AMBER BRIDGING LIMITED ANDRA JEWELS LIMITED AQUILA RECRUITMENT LTD ARTEMIS…
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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: 10BUSOLA LIMITED 247 CONSULTANTS LTD 27 LONDON LIMITED 27 TALENT LTD 2M EMPLOYMENT SOLUTIONS LIMITED 49 SANDSTONE BOBCAT LDN LIMITED 4D MUSIC LTD. 4SITE SERVICES LONDON LIMITED 6 KITCHEN (N14) LTD 7W7 LIMITED A…
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