Insolvency Service
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May- 2021 -4 MayRegulators
Insolvency Service confirms board level changes
The Insolvency Service has named Mark Austen as its new chair, with three new appointments also joining the board on…
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Apr- 2021 -15 AprilAdministrations
Company insolvencies fall 20% in March
The number of registered company insolvencies in England and Wales in March 2021 was 992, a year-on-year decline of 20%.
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9 AprilCrime
Bankrupt furniture maker faces eight year ban for acting as director
A Stockport furniture boss has been banned for eight years after declaring bankruptcy before starting a new company with a…
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Mar- 2021 -31 MarchCrime
Property directors banned for £7.7m investor funds abuse
Two directors of the property firm Grosvenor Property Developers have been banned for a combined 25 years after abusing £7.7m…
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31 MarchCompanies
Insolvency Service publishes new guidance for Official Receivers
The Insolvency Service has published new guidance for Official Receivers, making it available for the wider insolvency profession.
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30 MarchCrime
Scaffolder banned after disposing assets prior to bankruptcy
A scaffolding director from Kenilworth in Warwickshire, have been banned for four years after “recklessly” spending £142,000 prior to bankruptcy…
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17 MarchCompanies
Company insolvencies fall 49% in Feb
The number of company insolvencies across England and Wales has fallen to 686 for February 2021, a year-on-year decline of…
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15 MarchAdministrations
Government calls for evidence on insolvency rules
The Government has called upon stakeholders to provide their views on company and individual insolvency rules in England and Wales.
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10 MarchCrime
Surveyor who failed to provide accounting records banned for 5 years
The director of KAD Consultants, a surveyor company in Essex has been banned for five years after they failed to…
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2 MarchEconomy
Insolvency Service payouts hit record high
The government’s insolvency service paid out a total of £453m from the National Insurance Fund in 2020 to former members…
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