Credit, collections & insolvency news
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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Insolvency and restructuring trade body R3 has published new research which aims to address a range of misconceptions about insolvency fees. R3’s paper, ‘Insolvency fees and the cost of regulation – the detail behind the headlines’, explains how insolvency fees are charged, paid and regulated, and provides an overview of the role of the…
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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: 0 DAYS OFF LTD 100 HANDS LTD 10729736 LTD 11 ENTERTAINMENT LTD 123 TRAVEL LTD FORMERLY KNOWN AS HOLIDAY WITH US (SPALDING) LTD 1ST BUSINESS ENERGY LTD 21ST CENTURY SIGNS AND DESIGNS LTD 365…
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Financial distress is now affecting a total of 34 football clubs in England and Wales, double the number before football grounds around the UK were closed in March 2020 according to latest research by Begbies Traynor. The latest Football Distress Survey has highlighted a continuing credit crisis among English clubs outside of the Premier League…
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Scotland lost almost 20,000 small businesses during a single year of the covid crisis, according to official statistics. As a consequence of this dramatic fall in business numbers, the Federation of Small Businesses (FSB) is urging the Scottish Government to outline new measures to aid the recovery of local businesses in the budget next week.…
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