Business Recovery

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…

Read More »

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…

Read More »

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,…

Read More »

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,…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

Resolve secures Gobsmack pre-pack sale

Resolve has announced it has secured the pre-pack sale of the principal elements of the business and assets of Gobsmack…

Read More »