News Articles

INCREASING NUMBERS OF BUSINESS FAILURES AND PERSONAL INSOLVENCIES REPORTED IN MARCH

In recent months, we, and other insolvency professionals, have expressed concern about the rising number of insolvencies registered each month. Although the pressures facing both business and personal finances were predictable, the scale of the problem was not...

WHERE NOW FOR COMPANIES, BUSINESSES AND INDIVIDUALS OVER THE COMING MONTHS?

Our March Newsletter commented on the increasing number of both corporate and personal insolvencies registered as Covid19 restrictions were eased and government funded support was withdrawn. These issues were known and predictable. However, few foresaw the huge...

Increasing Financial Pressure

COMPANIES AND INDIVIDUALS FACING INCREASING FINANCIAL PRESSURE As Covid 19 restrictions have been largely lifted in England & Wales, the numbers of insolvency cases affecting companies and individuals continues to rise. Reported company insolvencies in February 2022...

Monthly Insolvency Statistics Show a Rise in Liquidations.

Whilst the employment numbers released last week looked positive, monthly insolvency figures issued on 16 July 2021 show a significant increase in company failures, reflected especially in the number of Creditors Voluntary Liquidations (CVLs) registered in June. Total...