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Creditor Voluntary Liquidations double

The latest figures from the Insolvency Service show that the number of Creditor Voluntary Liquidations have more than doubled for the first month of...

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small business late payment spiralling in northern ireland

Late Payments identified as top cause of Cash Flow issues for SMEs

Late payments are the primary culprit for causing cash flow problems for businesses according to two fifths (41%) of UK small and medium-sized enterprises...
company insolvency companies rise in the UK

Company Insolvencies drop by 5% for the year 2024

Annual figures from the Insolvency Service have shown that there were 23,872 registered company insolvencies in England and Wales in 2024 a fall of...
Gin Company featured on Dragons den collapses

Gin Company seen on Dragons Den, collapses with Business debts

Didsbury Gin was founded by best friends and gin lovers Liam Manton and Mark Smallwood in 2017, who according to the brand’s website, wanted...

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councils calls off bailiffs from collecting school dinner debts

Council calls off Bailiffs chasing Unpaid School dinner fees

A local authority exposed by the Sunday Mail for using debt collectors to chase school meal arrears has ditched the policy. Scottish Renfrewshire Council had last year...
brit man in prison due to unpaid debt

Brit being held in Prison due to Credit Card Debt

A British man is being held in a notorious Czech Prison awaiting extradition to Qatar due to an unpaid Credit Card Debt. Alan Stevenson from...
insolvency industry

Public Sector Late Payments Continue to Rise

New research has shown that late payment by major public sector contractors to small and medium-sized enterprises ...

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Failed Debt Collection Agency sells Debt portfolio

A WARWICKSHIRE debt collection agency's portfolio of debt has been sold by administrators in an undisclosed deal.