UPDATE ON TOYS “R” US UK ADMINISTRATION PROCESS
Since their appointment as Joint Administrators of Toys “R” Us Limited (the “Company”) on 28 February 2018, Simon Thomas and Arron Kendall, partners in Moorfields Advisory Limited, have been seeking to secure a buyer for all or part of the business. Whilst this process has generated some interest, unfortunately it has not been possible to secure a sale.Read more>
Winding up a company: How the process works
If a company is unable to pay its debts then it’s possible to apply for a winding up petition which could see a business placed in liquidation.Read more>
Do SMEs reflect the state of the economic recovery?
It is widely reported that SMEs are the lifeblood of the UK economy and given the fact there are more than five million of them, such a statement is hardly surprising.Read more>
Tackling cyber crime: What small businesses can do
As cyber criminals have ever more sophisticated technology at their disposal, cyber crime is becoming an increasing threat for business. With a growing number of businesses affected, small businesses are likely to be asking what they can do protect themselves.Read more>
Attracting the best: How SMEs can find top staff
A strong workforce is often a driving factor behind business success, but how can smaller companies compete with the larger ones they face?Read more>
Could leasing company vehicles be a viable alternative to owning?
Businesses that use vehicles on a regular basis could be holding on to depreciating assets for too long, according to Birmingham-based Lex Autolease.Read more>
Could converging communications help SMEs to save?
Linking together fixed-line and mobile communications could save small companies a significant amount of money, according to new research.Read more>
Is waiting longer for payments costing SMEs?
Small businesses in the UK must wait an extra 23 days on average to receive payments compared to larger companies, according to new figures.Read more>
5 key insolvency terms explained
The issue of insolvency and what to do if your business is faced with this prospect can be quite confusing.Read more>
Key mistakes that all SMEs should avoid
When you start a new business there are any number of potential pitfalls that it could fall into during the early stages. Avoiding these could go a long way towards how successful (or otherwise) your venture is and how competitive it can be.Read more>
Keeping your company tax affairs in order – a brief guide
Making sure that all of the company tax affairs are in order is hugely important for any modern business. Falling short in a key regard such as this can only lead to problems for the business and there are a few key points that you can introduce to ensure that this does not happen to you and your company:Read more>
The fine art of dealing with a cash flow crisis
Having a good understanding of cash flow and how to react in the event of a cash flow crisis is hugely important when attempting to keep your company running in an uncertain financial climate.Read more>
Are SMEs doing enough to attract big business contracts?
Big businesses remain reluctant to offer major contracts to SMEs, according to new research, despite growing pressures from the government.Read more>
High Street retailers facing up to online competition
The click-and-collect culture is placing greater pressure on High Street retailers, leaving them with uncertain futures as it is more difficult to make sales.Read more>
Why businesses must be vigilant as general election looms
It is now less than a year until a UK general election is due and it is playing on the minds of many business leaders, according to new research.Read more>
Moorfields Corporate Recovery, finalists for Corporate Recovery Firm Of The Year
Leading restructuring and insolvency specialists Moorfields Corporate Recovery are pleased to announce they have been shortlisted as finalists “Corporate Recovery Firm of the Year” for the 3rd year running at the Insolvency and Rescue awards.Read more>
HSBC report highlights need for SMEs to invest
Failing to invest sufficient funds in business could be stifling potential growth and causing companies to lose out to competitors, according to a report from HSBC.Read more>
Good time management – a vital factor in business success
Everything in life takes time which makes managing time in business an essential part of a daily routine.Read more>
Could reluctance to chase debts be hindering SMEs?
One in three SMEs are reluctant to chase debts, according to new research from Satago – despite the fact that more than £1 billion is owed in late payments.Read more>
Could new HMRC powers make life difficult for SMEs?
New rules surrounding accelerated payments for businesses who have taken part in avoidance schemes are due to come into force – but what does it mean for the companies involved?Read more>
Raising export levels to boost business security
More than £15bn in additional export revenue is set to be raised by UK businesses in the next 12 months, boosting their financial security in the process.Read more>
Why turn to business restructuring?
Business restructuring aims to rescue struggling companies and turn them around so that they can continue trading in a better way than before.Read more>
The positives and negatives of the World Cup for businesses
It is widely regarded as one of the biggest sporting events in the world….but the World Cup is not guaranteed to have a positive effect on businesses.Read more>
Choice of card payment options costing SMEs
SMEs across the UK could be losing out on hundreds of pounds a week because of a lack of card payment options, according to new research.Read more>
Overcoming a skills shortage – the issues faced by businesses
With a population quickly approaching retirement age and a perceived lack of workers to replace them, there are concerns that a skills shortage could quickly envelop Britain.Read more>