The insolvency statistics released for June show that of the 2,043 registered company insolvencies: There were 332 compulsory liquidations 1585 creditors’ voluntary liquidations (CVLs) 111 administrations 15 company voluntary...
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A West London company director has been banned from running companies for 11 years and ordered to repay thousands after fraudulently securing a government-backed Covid support loan. Tahir Haq, sole director of Integral Maintenance Team Ltd,...
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If you're facing mounting debts and financial pressure, it's easy to feel overwhelmed. The good news is, there are formal solutions available that can offer a way forward. For many people, that means choosing between a Debt Relief Order (DRO) or an...
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The insolvency statistics released for May show that of the 2,238 registered company insolvencies: There were 354 compulsory liquidations 1734 creditors’ voluntary liquidations (CVLs) 136 administrations 14 company voluntary...
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A five-year director ban has been handed to Rob Cross, the former PDC World Darts Champion, following serious financial misconduct linked to his personal company. Cross, best known for winning the 2018 World Championship title, was the sole...
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Financial distress and struggles don’t usually develop overnight. Often, it's a slow, creeping process that, over time, puts the whole business at risk. But just as decline can happen gradually, so can recovery. And it starts with decisive,...
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The insolvency statistics released for April show that of the 1992 registered company insolvencies: There were 379 compulsory liquidations 1,544 creditors’ voluntary liquidations (CVLs) 105 administrations 14 company voluntary...
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A GP surgery in Rowley Regis shut its doors in July 2024 under troubling circumstances after its manager failed to pass on pension contributions deducted from staff wages. Sonia Simkins, who operated Hawes Lane Surgery as a sole trader, is now...
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Insolvency is a serious concern for any business, and unfortunately, it often sneaks up gradually, without you realising it. The good news is that there are clear signs you can spot early, enabling you to take proactive steps before the situation...
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The insolvency statistics released for March show that of the 1992 registered company insolvencies: There were 295 compulsory liquidations 1,543 creditors’ voluntary liquidations (CVLs) 137 administrations 17 company voluntary...
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