Timeshare Company closed down due to huge fraud
A Timeshare risk management company which claimed to help people exit their timeshare contracts in Tenerife has been shut down leaving clients at a lossTimeshare Legals Limited was wound-up following investigations by the Insolvency...
Insolvency rising again says Trade body
INSOLVENCY activity has again increased in the south east, according to the UK’s insolvency and restructuring trade body.R3 figures showed a rise in this activity from 246 in February to 261 in March, remaining...
Retail Insolvencies climb 19% in the UK
New analysis by Mazars has found that the number of insolvencies by retailers has increased 19% in the past year to 2,195 in 2023/24 up from 1,843 in 2022/23.High profile retail insolvencies include The...
Haulage firms named in Business Late payers list
Well known transport, distribution and haulage firms have cropped up in a list naming and shaming both late and serially-late payers of invoices.The “rogues gallery” included Ceva Logistics, Reed Boardall, Brake Bros and Jack...
Plant Hire firm enters liquidation despite nearly 50 years of trading
A well known Scottish plant hire firm has entered liquidation after near half a century of trade.All jobs have been lost at a Fife based plant hire firm James Penman (Plant hire) Limited as...
Martin Lewis investigates shady actions by UK Debt Collection Company
In the United Kingdom, an intriguing scenario has surfaced within the UK's debt collection sector and the infamous Martin Lewis.
This involves the controversial activities of a UK Debt Collection company, Barratt Smith Brown, who...
Surge in Unpaid Rental Arrears says Industry supplier
Data released from Reposit, a deposit alternative service, reveals what it calls “a concerning surge in rent arrears” during the final quarter of last year as the economic climate took its toll on tenants.The...
Small Business late payment costing SMEs £1.6Bn
Small Business Late Payment and the cost of such has more than doubled in the past two years, reaching £1.6 billion at the end of 2023, according to a report by Xero.The latest quarterly...
10% rise in Business Insolvencies predicted by Experts
UK Business insolvency could increase by 10% this year, according to research by Allianz.The insurer’s global insolvency outlook revealed that 15% of small and medium-sized businesses in the UK are at risk of going...
Actors resorting to Debt Recovery action to get paid
A large number of Actors from shows such as Call the Midwife, have had to resort to taking debt recovery action to ensure they get paid according to reports in the Deadline.
Mad Dog 2020...
