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Category Archives: Insolvency Information

Insolvency Statistics – Quarter 3 2014

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Quarter 3 Insolvency Statistics Review The Insolvency Statistics were released this morning by the Insolvency Service and shows that the figures for Quarter 3 2014 showed the lowest liquidation rate since Q4 1984. The main message to come out of these latest statistics is that the number of company liquidations in England and Wales decreased […]

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Insolvency Statistics – Quarter 2 2014

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Richard Simms comments: “The number of companies entering insolvent liquidations decreased for the fourth consecutive quarter as well as companies entering Company Administration. These figures highlight a positive consistency within the UK’s trading industry and that the difficulties they have faced previously are easing off. It must be noted though to be aware that with […]

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Business and Company Turnaround

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Business and Company Turnaround Incorporating Business Restructuring Depending on the size and scale of your business the availability of in-house business planning will vary.  Even the biggest of businesses will need to go through substantial change on a periodic basis. There is, therefore, times when the introduction of external resources will prove to be effective. […]

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Company Insolvency Myths

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There are many myths and misconceptions regarding Insolvency and Insolvency Practitioners and so this post has been designed to help answer and correct those issues about insolvency you are not sure on. Insolvency Practitioners are on the Directors side as they are the ones paying their fees This is 100% not true. Insolvency Practitioners work […]

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Company Striking Off

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The striking off process for an insolvent company is a bit of a gamble. Ultimately you will decide how best to deal with your insolvent company. What is Company Striking Off? Companies that are formed and, therefore, are registered within England and Wales have a record of their existence kept at Companies House. If a […]

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Reasons for insolvency

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There are many reasons for corporate insolvency but the main factor is late payment by customers for goods and services. Although the construction industry is widely recognised as having the worst track record for paying bills on time, businesses in any sector can fall victim to cash flow problems and, as a result, not be […]

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Insolvency Statistics – Quarter 1 2014

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Q1 Sees Rise in Compulsory Liquidations Richard Simms comments: “If we focus on the statistics change between Q4 of 2013 and Q1 of 2014 there are significant changes to note, especially with the rise in Compulsory Liquidations. We have personally seen a number of new enquiries lately explaining they have received winding-up petitions from HMRC […]

Posted in Infographics, Insolvency Information, Latest News, Liquidation Information |

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