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>
Why do SMEs need to incorporate better technology?
With the focus for modern day businesses on maximising profits and efficiency, it is important for firms to know what options exist to help them achieve such targets.Read more>
Are company founders holding the small business market together?
Around a third of the UK’s small businesses fear they would close down within one month should their founder suddenly leave the company, a new study has claimed.Read more>
Is the removal of business overdrafts hampering SME growth?
High street banks are withdrawing overdrafts for small firms at a rapid rate, according to new figures from Funding Options.Read more>
Are SMEs taking risks with their financial management?
Poor money management could be placing many businesses under unnecessary financial pressure, according to new figures from Santander.Read more>
How should international risk influence UK SMEs?
Companies of all sizes can be affected by market shifts across the globe according to a new study, but just how aware do smaller firms need to be of potential risks?Read more>
Why are younger SMEs more willing to consider alternative finance?
Nearly half of all SMEs in the UK formed after 2010 have revealed they would consider seeking investment from friends and family if their business needed it.Read more>
Is EU uncertainty negatively impacting on SMEs?
Around a third of small businesses in the UK have admitted to slowing investment plans in the wake of uncertainty surrounding the European Union, new research shows.Read more>
SMEs are creating jobs but it is sustainable?
Small businesses across the UK have created 400,000 new job roles in the past year according to Office for National Statistics data, but is such growth sustainable?Read more>
SMEs are wasting £82m annually on surplus energy
Small businesses across the UK are overspending on their energy bills by an incredible £82 million annually, according to new analysis.Read more>
Think tank suggests devolution could drive SME growth
Cities that have greater control could drastically improve the fortunes of small businesses that operate within them, a leading think tank has claimed.Read more>
Moorfields successfully find a buyer for Care Home Portfolio
Healthcare and property insolvency specialists Moorfields Corporate Recovery Ltd have successfully found a purchaser for the Consensa Care Group portfolio to Precious Homes.Read more>
Why do SMEs focus on face-to-face marketing?
Marketing offers a wide range of options for achieving results, but 71% of small business owners believe face-to-face techniques bring the best outcomes.Read more>
Why should SMEs listen to their staff more?
Businesses might be missing out on thousands of opportunities to boost their bottom line, simply because they fail to listen to their workers, according to new research.Read more>
Are SMEs missing out on potential tax relief?
Thousands of the UK’s small businesses could be missing out on welcome financial assistance in the form of tax relief, according to new research.Read more>
Moorfields wins Global Finance Award
Al Global Media publishers of Acquisition Magazine have announced Moorfields Corporate Recovery as winners of the 2015 Finance Award Best for Secured Creditors.Read more>
Are SMEs taking unnecessary insurance risks?
Only a third of SMEs in the UK have Professional Indemnity Insurance (PII) according to new research from Direct Line for Business, leaving many firms at risk should something go wrong.Read more>
Regulation Update: Directors taking early advice has never been more important
As a result of new regulations which came into force on 1st October 2015 directors may find their actions scrutinised more closely if they are involved in a company which enters liquidation or administration during their stewardship.Read more>
Rising business costs not slowing SME growth plans
Business costs are increasing but it not impacting heavily upon the growth aspirations of UK firms, according to a new survey from Clydesdale Bank.Read more>
Are exports and productivity linked for SMEs?
Boosting UK exports could potentially have a knock-on effect on productivity according to a new report, enhancing the nation’s economy in the process.Read more>
How social media can aid SMEs – but only if they get it right
With the vast majority of UK customers now having access to the internet and social media accounts, many firms are in a position to take advantage.Read more>
Why SMEs should not ignore older workers
Mature professionals can bring much needed expertise and experience to many office spaces according to a new study, and their input does not go unnoticed by their colleagues either.Read more>
Is small business growth in London being stunted by connectivity?
Thousands of firms in the capital may not be fulfilling their potential due to poor internet connections, according to Westminster City Council.Read more>
How can SMEs limit the damage that human error can cause?
People are the driving force behind the vast majority of businesses, yet any individual can still make mistakes.Read more>
UK small businesses reveal retention concerns
More than a third of small business owners in the UK have regular concerns over retaining existing customers, according to new research from Hitachi Capital.Read more>
VAT arrears total £2.6 billion as late payments cause delays
Businesses in the UK owe a staggering £2.6 billion in overdue VAT, with the late payment of invoices deemed to be one of the major reasons for it.Read more>