Credit, Collections & Insolvency News
In July, the following administration notices were issued and advertised in the London Gazette for the following companies: 100LEMONS COMPANY LIMITED A WILLIAMS CONTRACT SERVICES LIMITED AAP METAL FABRICATION SERVICES LTD ABILJO EXCAVATOR SERVICES LIMITED ADVANCED COMPOSITES & ENGINEERING TECHNOLOGY LIMITED AGDEN CONSULTING LIMITED AHMEYS LIMITED AIRSHIP INTERACTIVE LTD AJT DIMSUM LIMITED ALL GREEN CABS…
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In July, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 12 CELLARS LTD 1ST RATE LTD 29RIDRING LTD 31 STOREYS LIMITED A&B ELECTRICAL SERVICES (SOUTHERN) LTD A&J HOWELLS HOME SERVICES LIMITED ABLE SCAFFOLDING SERVICES LIMITED ACCRETION ENERGIES LIMITED ACE LOGISTICS LTD ACTIVE 360 LTD ADAM PUB LIMITED…
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A record number of companies are in “critical financial distress according to latest Red Flag Alert data, which shows that there are 49,309 firms on the brink of insolvency. The figures mark a 21.4% increase from a year ago. All 22 sectors surveyed reported a rise in ‘critical’ financial distress over the previous 12 months.…
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Latest Accountant in Bankruptcy figures have shown that business insolvency numbers (liquidations and receiverships) in Scotland for Q1 2025-2026 increased by 17.3% compared with Q1 2024-2025, to a total of 332. The number of business insolvencies (liquidations and receiverships) in Scotland for Q1 2025-2026 increased by 12.9% compared with the previous quarter’s total of 294…
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Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland fell by 4% in June 2025. The data showed that there were 105 business insolvencies registered in Scotland, 4% lower than the number in June 2024. The insolvencies comprised of 62 CVLs, 37 compulsory liquidations, five administrations and one CVA. There…
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Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales decreased by 8.4% to a total of 2,043 in June compared to May 2025’s total of 2,230, and decreased by 15.9% compared to June 2024’s figure of 2,430. The business insolvencies consisted of 332 compulsory liquidations,…
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The construction industry experienced the highest number of insolvencies in the 12 months to May 2025 at 4,056, making up 17% of all industry cases according to latest data from the Insolvency Service. Overtrading risk looms for construction amid housing and infrastructure drive Commenting on the data, Kelly Boorman, National Head of Construction at RSM UK,…
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Latest monthly statistics from the Insolvency Service show that business and personal insolvencies increased in Northern Ireland in June 2025. The data showed that there were 25 business insolvencies registered, 47% higher than in June 2024. The insolvencies comprised of 14 compulsory liquidations, seven CVLs, three CVAs and one administration. There were no receivership appointments. Personal insolvency…
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In June, the following administration notices were issued and advertised in the London Gazette for the following companies: 79TH COMMERCIAL ONE LTD 79TH LUXURY LIVING FOUR LIMITED A B DEVELOPMENTS (YORKSHIRE) LIMITED AGFORM LIMITED AIDRIVERS LTD ALEGATUM LIMITED ALFRED CHARLES HOMES (BRACEY’S FIELD) LTD ALUFOLD DIRECT LIMITED ANDREW PLASTICS LTD APPLIANCE HOUSE LTD ARMADILLO MANAGED…
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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: 1903 HOOTON PAGNELL LTD 1950`S BOUTIQUE LTD 1ST FACILITY MANAGEMENT LIMITED 1ST RAPID MAINTENANCE LTD 2048 ORACLE CENTRE READING (LEASECO) LIMITED 2MW HEWORTH LTD 2XSTREAM LIMITED 3DM LEISURE LIMITED 3XPOINT LTD. 4 WALLS DEVELOPMENTS…
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In June, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 3 AUK (LONDON) LTD 3011MAPLESIGN LTD 31STOREYS LIMITED 4 GREEN ARCHITECTURE LIMITED 66 HAYMARKET LIMITED 737 LTD A A PROPERTY INVESTMENT (LUTON) LIMITED A K BUILDING & DECORATING LTD A K K SERVICES LTD A WILLIAMS CONTRACT…
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Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales increased by 7.9% to 2,238 in May 2025. when compared to April 2025 (2,074) and 15% higher than the same month in the previous year (1,946 in May 2024). The insolvencies consisted of 354 compulsory liquidations,…
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Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland increased by 13% in May 2025. The data showed that there were 133 company insolvencies registered, which is 13% higher than in May 2024. The business insolvencies were driven by an increase in compulsory liquidations. The business insolvencies comprised of 56…
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