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>
Could small businesses benefit by offering discounts?
Small firms across the UK could potentially be missing out on improved sales as they are unprepared to offer discounts, according to a new study.Read more>
Cyber-attacks cost businesses £200 billion a year
As technology improves, levels of cybercrime around the world have increased rapidly and those without protection are being hit hard.Read more>
Are outdated government services stunting SME growth?
Out of date online government services could be slowing growth among small firms in the UK, according to technology firm EMC.Read more>
Growth opportunities leave SME owners upbeat
The next five years should provide plenty of optimism for the UK’s small businesses, if the outcomes of research from AXA PPP Healthcare are to be believed.Read more>
Number of unpaid invoices continues to rise
Small businesses in the UK are owed £67.4 billion collectively in unpaid invoices, marking an increase of 8% from a year ago.Read more>
Why staff retention is so important for SMEs
People play a vital role in the success of any business, both large and small, which means keeping talented members of staff is absolutely essential.Read more>
Why businesses must manage gift reward schemes carefully
Businesses are wasting hundreds of millions of pounds every year on unused gift cards that are given to employees, according to a new study.Read more>
Almost half of SMEs reveal financial concerns
Nearly half of the UK’s small businesses have concerns over their funds for the 2015/2016 financial year, according to new research.Read more>
New report blames incompetence on start-up failures
Poor management and incompetence are to blame for the high number of start-up failures in the UK, according to a new report.Read more>
Moorfields successfully rescue Grade II Listed Country Home securing both business and care home
Property insolvency specialists Moorfields Corporate Recovery Ltd have helped secure the long term future of Rowfant House near Crawley in West Sussex, a historic country house that operates as a hospitality and care home business.Read more>
Why small businesses need to face up to late payments
For a business of any size, failing to be paid for work or services can provide a number of financial difficulties.Read more>
Why should business plan for Black Friday now?
Britain’s businesses are being advised to up their preparation for this year’s Black Friday after research revealed they are unlikely to be ready in time.Read more>
Why SMEs require a digital focus
Digital skills are needed in the vast majority of modern workplaces but new figures suggest many businesses are not up to speed.Read more>
SMEs buoyed by news interest rates will remain low
Small and medium sized enterprises (SMEs) operating in the UK are likely to be celebrating after announcements that interest rates would remain at their record low of 0.5%.Read more>
Future looks bright for Britain’s SMEs
Small and medium sized enterprises (SMEs) operating within the UK could be set for great things after projections claimed they will see considerable growth in coming years.Read more>
SMEs must watch finances when focusing on growth
More than one third of Britain’s small and medium sized enterprises (SMEs) put growth at the top of their business agenda but this might actually expose them to risk if finances are not monitored.Read more>
Why SMEs should focus on HR investment
Nearly two thirds of small businesses in the UK are snubbing human resources investment according to new research, but why should this not be the case?Read more>
Are SMEs too scared to borrow?
Despite the general economic outlook of the UK brightening considerably over recent years, it seems that many businesses are still worried about the cost of borrowing cash to fund their ventures.Read more>
The USA is adopting chip and PIN but what does it mean for UK SMEs?
The USA has revealed plans to finally adopt chip and PIN security, but why should SMEs in the UK take note of the decision?Read more>
Why do SMEs not opt for high street banks?
The majority of small businesses in the UK have never tried to open bank accounts with high street banks according to new research, but why is this the case?Read more>
Operating efficiency primary concern for SMEs
Nearly half of the UK’s small businesses believe they are not operating as efficiently as they could be, according to new research.Read more>
Entrepreneurs choose bank holiday to start business
Today is the most popular today for budding entrepreneurs to start a new business adventure, research has claimed.Read more>
SMEs warned to be on the lookout for fraudulent activity
Small businesses in the UK have been warned to be on the lookout for invoice fraud, after a huge increase in this type of activity being reported to authorities.Read more>