News Centre

Media SMEs reveal Brexit concerns

More than half of media, marketing, advertising and PR small businesses have voiced concerns over potential opportunities in a post-Brexit environment.

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Nearly one fifth of SMEs miss payday to stay in business

Nearly one in five of Britain’s small and medium sized businesses have missed at least one payday as they struggle to survive, new research has revealed.

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HMRC tackles unpaid tax by shutting down more firms

HMRC applied to shut down more businesses in 2016 than in the year previously as part of tackling unpaid tax bills.

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Moorfields appointed over luxury residential property developer

Property specialists Simon Thomas and Arron Kendal have been appointed joint administrators over Parkside Luxury Homes Limited on 30 January 2017.

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Moorfields appointed Administrators over commercial property company in Manchester

Property specialists Simon Thomas and Arron Kendal have been appointed joint receivers over High Views Developments Limited on 23 November 2016.

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Moorfields appointed Receivers over residential portfolio in Stoke on Trent

Property specialists Simon Thomas and Arron Kendall have been appointed joint receivers over a portfolio of apartments in Stoke on Trent.

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Moorfields appointed Administrators over a gentleman’s club in Sheffield

Property specialists Simon Thomas and Arron Kendal have been appointed joint administrators over Shortgrass Limited on 14 September 2016.

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Moorfields appointed over mixed property portfolio in Lancaster

Property specialists Simon Thomas and Arron Kendal have been appointed joint Administrators over Thomas Newall Limited on 15 November 2016.

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Two thirds of UK retailers turn to secondary revenue methods to survive

Secondary revenue options are being used by more than two thirds of UK retailers as a means of maintaining their finances, new research has revealed.

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Late payments to blame for SMEs missing out on £250 billion in liquid cashflow

The UK’s network of small firms is missing out on around £250 billion of liquid cashflow, and late payments are the primary reason why, new research claims.

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Business risk down but concerns remain high

Overall business risk has dropped by 18% in four years, according to new data, yet concerns among businesses remain at an all-time high.

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UK businesses counting the cost of IT issues

Businesses across the UK are losing out as a result of IT issues as they lack the necessary tools to overcome the problems.

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Staff retention causing greater concerns than Brexit impacts

Training and retaining top quality talent is causing greater concern for business owners than the potential implications of Brexit, according to new research.

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How small businesses can enhance their financial position

Not all businesses can run at a healthy profit, but it is still possible to take steps to ensure firms find themselves in a better financial position.

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Why SME leaders need a management focus

When looking to grow a business it can be difficult for owners to know whether they are spending enough time on the aspects that really matter.

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Why are small business survival rates so low?

There are more than five million small businesses in the UK yet only 60% of start-ups survive to reach their third birthday.

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Why turn to an insolvency practitioner?

If a business requires the assistance of an insolvency practitioner, then the chances are that cash flow issues or balance sheet problems will be prevalent.

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Zero-hour contract workers at record levels

More than 910,000 workers were on zero-hour contracts in the final three months of 2016, according to data from the Resolution Foundation.

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Mid-sized UK firms turn attention to wider international markets

The UK’s medium-sized businesses are more likely to expand into new global markets than their smaller counterparts, according to new data.

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Businesses missing out on energy saving opportunities

The majority of small businesses are not actively looking to ensure their buildings are eco-friendly, with research suggesting around half of firms are paying out more than £1,000 a month for their energy.

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SMEs turn to cyber security as attacks increase

Small businesses are increasingly looking to improve their cyber security measures, as the number of breaches continues to rise.

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SMEs struggle with business data decay

Small firms across the UK face daily struggles with poor business data, according to new analysis from SalesJoe.

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Small businesses urged to plan ahead for pound coin changes

New pound coins enter circulation in late March and small businesses will need to plan ahead for its introduction.

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UK’s small firms are hoarding cash

Small businesses across the UK are hoarding finances and reducing investment, according to new research from Lloyds Banking Group.

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Why small businesses can ill-afford to ignore their accounting responsibilities

While setting up a business is often the realisation of a dream, one aspect of the process remains essential throughout – the management of finances.

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