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News
August 2010 Bulletin
Neither the best of times nor the worst of times
The figures released by the Insolvency Service on Friday 6th August for the second quarter 2010 show an increase in corporate insolvencies of 0.5% of the previous quarter and a decrease of 19.1% on the same quarter a year ago. What do these....
May 2010 Bulletin
The insolvency statistics released on Friday 7th May show a decrease in compulsory liquidations and creditors’ voluntary liquidations by 8.4% on the previous quarter and by 17.8% on the same quarter a....
February 2010 Bulletin
The recession is over but corporate insolvencies continue to rise
The 0.1% increase in GDP announced for Q4 2009 was heralded as great news that the UK economy was out of recession after 6 negative quarters but there are going to be further tough ti....
November 2009 Bulletin
The recession continues
The insolvency of First Quench (owner of Threshers, The Local, Wine Rack, and Haddows) was the first “big name” insolvency for some time – but the recession is continuing to bite and many more corporate failures will inevitably follow.
The figures released by The Ins....
August 2009 Bulletin
Are we over the worst?
May Bulletin Article
Government support for credit insurance
Recent press items have been looking for positive news with regard to the UK economy, consumer confidence is less negative than it has been since before Northern Rock went bust, stock markets are rising there are suggestions that the mortgage market may be coming back to life (Abbey announced that it expected t....
February Bulletin Article
The Impact of the Recession on business worsens
The figures released today by the DTI demonstrate the heightened risk involved in offering trade credit as the numbers of companies going into liquidation has soared in Q1 2009.
However, it still looks as though there is much worse to come. Equifax and Experian, the business information providers, track company administratio....
September worst month yet for UK Businesses
The number of distressed UK businesses has more than doubled since the start of the year, according to Begbies Traynor, the UK's leading business rescue, recovery and restructuring specialist.
* More than twice as many companies experiencing 'critical problems' since the start of 2008
* UK business feeling effects of ongoing economic turmoil
* IT, manufacturi....
November Bulletin Article
Let’s start with the good news! The Obama victory in the US presidential elections will bring a feel-good factor to play in the US economy as well as an increase in US government spending. These will combine to lift the US economy out of recession and lead an upturn in the world economy.
At home, the continuing lowering of interest rates by 1.5% this week, falling fuel prices....
August Bulletin Article
Whilst the increasing numbers of company liquidations are concerning enough, perhaps of greater concern is the increase in the number of companies facing “financial stress”. Figures from Begbies Traynor show a seven fold increase in companies facing financial stress (County Court Judgement of £5,000 or more, winding up petition, administration and receivership) in Q2 2008....
A shining reputation - It's onwards and upwards for Stoneguard (Holdings) plc
It’s rather unusual for most people to consider the work that is undertaken to keep Britain’s most prized buildings looking clean and as stunning as the day that they were built. In the skilled sector that carries out this cleaning, restoration and maintenance work, there is one company that emerges as the clear market leader. This company is Stoneguard (Holdings) Plc.
Formed almost 4....
M/K Wheeler: Over 50 years of success
M/K Wheeler is an unusual story – a family business started in 1948 and still trading successfully today!
Over its 55-year history, the company has survived and prospered through some very turbulent times and has grown to become a UK market leader in steel tube stockholding including chrome bars, aluminium and other ferrous and non-ferrous metals supplying to Corus, Wolseley Centres and Cat....
Latest News
August 2010 Bulletin
Neither the best of times nor the worst of times
The figures released by the Insolvency Service on Friday 6th August for the second quarter 2010 show an increase in corporate insolvencies of 0.5% of the previous quarter and a decrease of 19.1% on the same quarter a year ago. What do these....
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