Business Recovery
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May- 2022 -4 May
ReSolve appointed as administrators to Vastari Group
ReSolve, the boutique business advisory firm, has been appointed as administrators to Vastari Group Limited. Established in 2012, Vastari has…
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3 May
Q1 2022 sees record number of cost and supply chain profit warnings
The number of profit warnings issued by UK-listed companies in the first quarter of 2022 increased 44% year-on-year, with a…
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3 May
Personal Insolvencies reach three year high
The first quarter of 2022 (Q1) saw the number of individuals entering a personal insolvency procedure reach their highest total…
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Apr- 2022 -25 April
Company insolvencies rise 39% during March
UK company insolvencies jumped 39% throughout March with 2,114 businesses entering insolvency in March 2022, up from 1,517 in February,…
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Mar- 2022 -14 March
Steptronic Footwear appoints Kroll as administrators
Steptronic Footwear Limited has appointed Jimmy Saunders and Michael Lennon of Kroll as joint administrators. The business, based in Rushden,…
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Feb- 2022 -16 February
Monthly insolvencies more than double year-on-year, data finds
The number of registered company insolvencies in January 2022 was 1,560, more than double the number registered in the same…
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10 February
Together Energy Limited appoints FRP as administrators
FRP Restructuring Advisory has announced its partners Allan Kelly, Steve Ross and Michelle Elliot, have been appointed as joint administrators…
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Jan- 2022 -18 January
Super allowances having little effect on UK economy, Azets reports
Too few SME businesses are taking advantage of super allowances for the incentives to have any positive effect on the…
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5 January
Small firms threatened by late payment as costs surge
400,000 small firms have been impacted by poor payment practises in recent months, with high inflation and ‘mounting admin’ causing…
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Dec- 2021 -23 December
4 in 5 UK SMEs aren’t seeking finance to grow, ACCA finds
Four in five UK SMEs are not seeking finance to grow in the next six to 12 months as optimism…
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