News Centre

Tackling contractor insolvency in the construction sector

Insolvency rates in the construction sector are among the highest, meaning firms need to take steps to protect themselves from contractor insolvency.

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Personal insolvency figures hit six‐year high

Personal insolvency levels hit a six‐year high in the second quarter, according to the latest figures from the Insolvency Service.

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Late payments push small firms towards financial meltdown

Small businesses are struggling to manage their finances effectively as they lack the necessary tools to tackle late payments.

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Insolvency domino effect hits Midlands firms hard

The failure of firms in the supply chain has adversely affected one in three firms across the West Midlands, making it one of the UK’s worst affected regions.

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Personal insolvency higher among women

The personal insolvency rate between men and women has steadily widened across the last four years, according to new data from the Insolvency Service.

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Addressing cash flow concerns with a CVA

Businesses facing cash flow or other financial issues should act quickly to overcome the problems they face.

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Half of Welsh tech firms face rising insolvency risk

Nearly one in two Welsh technology companies face an above average risk of insolvency, according to new figures from insolvency and restructuring trade body R3.

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Small businesses bemoan ‘intensive’ HMRC tax probes

More than half of small businesses involved in HMRC tax investigations believes they are too intensive, new research shows.

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Firms left counting the cost of absenteeism

Staff absence can have a major impact on small business operations, especially if it means orders are not fulfilled or opportunities are missed.

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Business confidence up but firms still need cautious approach

Small business confidence is at a one‐year high according to the Federation of Small Businesses, but the situation is still prone to change.

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MOORFIELDS ADVISORY COMPLETE SALE OF PROMINENT ABERDEEN DEVELOPMENT IN £11M DEAL

Moorfields, acting as administrators, have successfully sold City Wharf in Aberdeen for £11 million.

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