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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A furniture retail company recently faced serious regulatory consequences after its Directors, George and Williamina Hay, knowingly accepted customer payments for goods they could not deliver. The married Directors of this Aberdeenshire-based...
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The insolvency statistics released for February show that of the 2,035 registered company insolvencies: There were 393 compulsory liquidations 1,520 creditors’ voluntary liquidations (CVLs) 115 administrations 7 company voluntary...
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As many of you will know, the Labour Government’s Autumn Budget announced that the rate of tax on headline Capital Gains Tax and Business Asset Disposal Relief will increase as of 6 April 2025. This will have serious implications for business...
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