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Insolvency Related News

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Latest Insolvency Related News

CVL Rates Fall
22/06/2022
CVL Rates Fall but Remain Way Up on Last Year
Rates at which companies entered Creditors’ Voluntary Liquidation (CVL) fell during May compared to April but CVL levels remain way up on the same month last year.
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Family Firm Heads Into Liquidation
06/06/2022
Family Firm Heads into Liquidation After 150 Years of Trading
A family-run business and seller of high-end cookware has entered liquidation after more than 150 years of trading in West Yorkshire.
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Restaurant Insolvencies Up
29/03/2022
Restaurant Insolvencies Up as Sector Faces ‘Onslaught of Challenges’
The number of restaurant businesses entering insolvency increased notably during the final three months of last year, according to a new set of figures.
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Director In Voluntary Liquidation
27/01/2022
Voluntary Liquidation Rates Up 37% Year on Year in December
The number of company directors voluntarily taking their businesses into liquidation increased by 37 per cent in December 2021 compared to the same month of the previous year.
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Rising Costs Calculator
21/01/2022
Spiralling Overheads Leaving Small Businesses ‘On a Knife Edge’
Rising costs and eroded profit margins are leaving thousands of small businesses on a financial knife edge and facing the prospect of potentially entering insolvency.
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Construction Helmet
18/01/2022
Rising Costs Pushing Construction Firms towards Insolvency
Rising costs and issues with recruitment are contributing to an increase in the number of construction companies entering insolvency across the UK.
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Debts And Credit Cards
24/12/2021
Clampdown Announced On Directors Dissolving Companies to Avoid Paying Debts
The Insolvency Service has announced the beginning of what is being describing as a clampdown on company directors who dissolve their businesses to avoid paying debts and settling liabilities.
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Business Insolvency Rates High
23/12/2021
Voluntary Liquidations Push Business Insolvency Rates to Highest Levels Since 2019
A significant increase in the number of company directors taking their businesses into liquidation prompted a sharp rise in corporate insolvency cases across England and Wales in November 2021.
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