Credit, Collections & Insolvency News
In November the following administration notices were issued and advertised in the London Gazette for the following companies: 123TEACHERS LTD ABBEY OFFICE SOLUTIONS (HAMPSHIRE) LTD ABBOTSFIELD METALS LTD ACTUAL EXPERIENCE PLC ADM PRECISION TOOLS LTD ANGLO-ITALIAN ENTERPRISES LTD C J SERVICES UK LTD CAPREOLUS FINE FOODS LTD CCTV MONITORING LTD CEMINVEST LTD CENTRAL ESSEX INTERIORS…
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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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The Serious Fraud Office (SFO) has brought fraud charges against four individuals, including a former director, who oversaw the financial failure of a chain of almost 200 high street bakeries. The SFO has charged former director and Chief Financial Officer of Patisserie Holdings Plc for 12 years, Christopher Marsh, and his wife, accountant Louise Marsh,…
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Insolvency firms face being formally regulated for the first time under reforms to be announced next week that will nevertheless fall short of a pledge to establish a new regulator according to Sky News. The news service says it has learnt that the Insolvency Service, which is part of the Department for Business and Trade,…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in July: 0212 ASSOCIATES LTD 1066 FUNCTIONAL FITNESS LTD 2 OUNCES LTD 24 HRS STEEL LTD 24/7 BERKSHIRE RECOVERY LTD 308 ABILITY LTD 381 IT SOLUTIONS LTD 4500 RIVERS LTD 73 MEDIA LTD 7NRG LTD A…
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The number of insolvency-related activities in Scotland has reached its highest level this year, according to new research from R3, the insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe shows there were 122 cases of insolvency-related activity, which includes liquidator appointments, administrator appointments and creditors’ meetings, in Scotland in April. These…
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In February the following administration notices have been issued and advertised in the London Gazette for the following companies: 3F PELLETS LTD AARTEE BRIGHT BAR LTD AARTEE BRIGHT BAR PROPERTY LTD ADVANCED CRATES LTD AQUASTRADA LTD ARCH REALISATIONS 2023 LTD ARCTIC CIRCLE LTD. ASPEN PHOENIX NEWCO LTD BEDLAM BREWERY LTD BOB & LUSH LTD BOXCAR…
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In October the following administration notices have been issued and advertised in the London Gazette for the following companies: 2NDHND LTD 36C HARRINGTON GARDENS LTD ACCENTIA FRANCHISE CONSULTANTS LTD AEROCARE INTERNATIONAL LTD ALLOY FUSION LTD ARCADIAN LIVING LTD AVENUE CLOSE FREEHOLD LTD BIRMINGHAM INNER CIRCLE COMMUNITY CREDIT UNION LTD BLACK CAPITAL PARTNERS LTD BLUE MARBLE…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in October: (UK) CITY APARTMENTS LTD &OFFICES CANARY WHARF LTD 1 CR LTD 145 SMR LTD 174A WF LTD 199 CMR LTD 1ST HOMES LTD 1ST INVESTMENTS LTD 1STCC LTD 2 BOX LTD 205 BR LTD…
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In October Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 1012 LTD 360 SPORTS TV LTD A & R CARRIAGES LTD A&K MACHINERY LTD AB KHAN LTD ABLE SURFACING LTD ABODE D&B LTD ABSOLUTE LIVING DEVELOPMENTS (ORCHID POINT) LTD ADNANRAFIQ LTD. AEROTEK DESIGN LTD AIR ON…
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A dramatic spike in company insolvencies in England & Wales is the start, not the peak, of more mid-market business fatalities according to a prediction by Azets. Latest statistics released by The Insolvency Service show the annual rate of company insolvencies in England & Wales is now the highest it has been in eight years.…
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New analysis of insolvency statistics has indicated that the HMRC is becoming increasingly aggressive when it comes to issuing Winding Up Petitions according to ReSolve. Winding Up Petitions are a tactic of last resort to claim back monies owed and could be seen as a draconian move, giving businesses a short period to repay debts…
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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 T0 WEAR LTD 1ST GLASS UK WINDOWS AND DOORS LTD 22M LTD 23TSL LTD 2AA REMOVALS LTD 2HANDYSERVICES LTD 3D MEDICAL IMAGING LTD 3F LTD 3UNIQUE LTD 458 CONTRACTS LTD 5 SPICES…
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