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Company News

Jitters for landlords as election giveaways are announced

As polls continue to indicate that neither of the two main parties has pulled ahead in the battle for Number 10, a number of populist property related giveaways were announced over the weekend.
Posted on 28th April 2015 @ 11:17AM

Moorfields appointed Administrators over Pub/Restaurant Chain in the South East

Simon Thomas and Nick O’Reilly of leading restructuring and insolvency firm, Moorfields Corporate Recovery Ltd, were appointed Joint Administrators over Mountain Range Restaurants Limited on 1 April 2015.
Posted on 13th April 2015 @ 4:14PM

The new benefit of social media for Insolvency Practitioners

As part of the process of investigating the affairs of bankrupts and rogue directors, Insolvency Practitioners have always been able to peruse the Bankrupts notifications on Facebook, Twitter and other social media websites. Now, Insolvency Practitioners have the power, when the bankrupts are not co-operating, to notify Bankrupts of orders made against them by simply posting court orders on their…
Posted on 7th April 2015 @ 2:52PM

It has recently been announced by the Government that changes are due to come into effect to reduce the number of individuals entering Bankruptcy

The changes will allow approximately 3,600 more people a year with problem debt to enter into a Debt Relief Order (DRO) – a low cost alternative to bankruptcy for those with very low assets and income and debt which they are unable to pay. The maximum amount of debt that can be covered by these plans will increase from £15,000 to £20,000.
Posted on 1st April 2015 @ 3:19PM

Moorfields appointment Administrators over a Franchised Outlet of a Major Coffee Shop Brand

Simon Thomas and Nick O’Reilly of leading restructuring and insolvency firm, Moorfields Corporate Recovery Ltd, were appointed Joint Administrators over Smith Retail Limited t/a Lavazza Espression UK & Ireland on 2 March 2015.
Posted on 31st March 2015 @ 4:17PM

Insolvency Legislation Vs Employment Rights

Politicians have this week called for employees to be given better rights under the Insolvency Act, following the recent Administration of City Link.
Posted on 31st March 2015 @ 3:16PM

The average UK household will have unsecured debts of £10,000 by the end of next year, according to a report prepared by a leading accountancy firm

The figure includes spending on credit cards, bank borrowing and student loans, but excludes securing borrowing.
Posted on 27th March 2015 @ 10:04AM

Moorfields appointment Liquidators over a Music Retailer in West Sussex

Simon Thomas and Arron Kendall of leading restructuring and insolvency firm, Moorfields Corporate Recovery Ltd, were appointed Joint Liquidators over Beyond The Sea Limited on 5 March 2015.
Posted on 16th March 2015 @ 3:37PM

Dramatic Court fee rises set to change the litigation landscape from 9 March. What effect will this have on the business world?

The recent announcement that Court fees are set to rise has much of the legal and business world talking. Is litigation doomed? Are the new fees prejudicial towards those without access to piles of cash? Moorfields provides their opinion on the impact on the market and how this might affect individuals and SMEs.
Posted on 5th March 2015 @ 4:31PM

A number of issues were raised in this morning’s article “Banks accused of being too cosy with receivers” The Time, Business, 5 March 2015

The apparent astonishment expressed by Adrian Bailey MP regarding “unregulated receivers” working in banks might seem slightly misconceived. However, similar views held by the public at large are damaging to the licensed insolvency profession.
Posted on 5th March 2015 @ 4:27PM
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Business Insights

Is bad management preventing small business growth?

A lack of leadership skills and bad management practices is potentially holding back thousands of small businesses in the UK, new research has suggested.
Posted on 2nd June 2015 @ 1:25PM

How hiring interns can benefit small businesses

For many firms who operate under tight financial restrictions, it is not always possible to hire in new staff to fill gaps and manage workloads more effectively.
Posted on 1st June 2015 @ 9:24AM

Are SMEs counting the cost of financial inefficiency?

A lack of financial efficiency among the UK’s small businesses could be costing a staggering £175 billion annually, new research suggests.
Posted on 29th May 2015 @ 11:03AM

SMEs reveal supply chain investment intentions

Small businesses in the UK are planning significant investment into supply chain software in the year ahead, new research has found.
Posted on 28th May 2015 @ 11:02AM

Could directors and officers insurance aid UK small businesses?

Two thirds of small firms in the UK were unaware of what directors and officers liability insurance is, despite the potential benefits such cover brings, according to a recent study.
Posted on 27th May 2015 @ 9:19AM

Revealing the impact of unpaid invoices on SMEs

Small and medium sized businesses in the UK are potentially losing thousands of pounds of resources every year as a result of unpaid invoices.
Posted on 26th May 2015 @ 9:53AM

London’s serviced office space is in demand

Demand for serviced office space in London is growing at a rapid rate, according to a new report from Deloitte Real Estate.
Posted on 22nd May 2015 @ 11:03AM

How vehicle costs are proving expensive for SMEs

Keeping company vehicles on the road is costing small businesses in the UK considerable sums of money, according to new research from RAC Business.
Posted on 21st May 2015 @ 4:39PM

Why missed appointments could be costing small business

The UK’s appointment-based businesses could be losing millions of pounds every year due to missed appointments, new research has found.
Posted on 20th May 2015 @ 4:35PM

How an SME’s success can rely on its recruitment

When it comes to expanding a small business, the staff that are initially recruited will play a pivotal role in shaping its future.
Posted on 19th May 2015 @ 3:09PM
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