HMRC seized assets from nearly 2,000 SME’s
More than 1,953 businesses had their assets seized from HMRC in 2016/17 demonstrating that the HMRC are using more aggressive methods to obtain unpaid...
Police issue warning of Debt Collection fraud scam
Police in South Yorkshire have seen a rise in the number of debt fraud scam phone calls. Following a surge in reports, Police have...
Hardest places in the world to collect debts
According to new research from Euler Hermes, Saudi Arabia and the United Arab Emirates ranked the hardest places in the world to collect unpaid...
2018 Top Tips for Business Credit Control
It’s a brand new year and time to create a fitter business for 2018. One of your main goals for your business whether it...
Rise of Business insolvencies expected in 2018
New statistics were released by The Insolvency Service on business insolvencies. These statistics demonstrate:• Company insolvencies increased in the last Quarter of 2017 because...
UK Businesses Late Payment ‘Double Standards’
Studies have found that a number of businesses in the UK with regards to late payments are working under double standards.Companies who are insisting...
Insolvency figures continue to fall for Scottish Businesses
According to the latest figures from Accountant in Bankruptcy (AIB), the number of Scottish businesses that are going in to administration is continuing to...
British Businesses facing liquidation hits a four-year high
With one in every 213 companies falling in to liquidation last year, British businesses bankruptcy has hit a four year high.Official figures which were...
Insolvency Expert frustrated at lack of Director Disqualifications
A leading UK insolvency expert has expressed her frustrations at the low number of directors facing disqualification, suggesting there is a lack of resources...
Survey claims SME’s owed £63k on average
New research conducted by Commercial Data specialists Dun & Bradstreet has highlighted that the UK's late payment culture is continuing to have an are...
