Man sentenced for smashing up Debt Collector’s van
A man who smashed up a debt collector’s van and threatened staff when they came to his property has been given a community order.Stuart O’Connor, 42 and of Oswestry, pleaded guilty to two offences...
Number of CCJs rises in the UK by nearly 15% in 2023 Q1
The total number of judgments registered in the British Isles in Q1 2023 was 262,941. Compared to same period last year, the total number of judgments in this quarter increased by 14.21%. The total number of ‘satisfied’ (or fully...
Late payment increase sees pressure grow on suppliers
Businesses may struggle to access credit as operating costs hit their highest levels since 2008 due to late payment increase, a leading insurer has warned.
Companies slower in making payments
Credit is set to become more...
Renewable Energy Company enters liquidation with huge debts
RENEWABLE energy company Daylight Energy has entered liquidation. It has gone bust owing millions and leaving customers thousands of pounds out of pocket.
Latest energy company to hit problems
Customers of Poole-based Daylight Energy say they...
Over 75% of SMEs have cashflow worries says new data
Latest data from Time Finance has uncovered the true impact of late payments for SMEs with 75% of UK businesses worrying about cashflow as a direct result of overdue invoices from their customers.In a...
Charity accuses London Bailiffs firm of ‘dressing up as police’
A London bailiffs company has hit back at a claim its enforcement officers are deliberately dressed to look like police to scare people into complying with their requests, saying at no point have they...
Homes under the Hammer Presenters’ firm collapses with Debts of £3m
A company fronted by Homes Under The Hammer presenter Martin Roberts has gone into administration with around £3m of debts.Filing on Companies House shows that an administrator was appointed yesterday for Asset Academy, which...
Winter saw over 1.2 million overdue invoices in Scotland
Scottish Businesses had over 1.2 million overdue invoices on their books this winter.Insolvency and restructuring trade body R3 analysed data from Creditsafe, revealing that 416,856 were due in December, 400,272 in January and 414,575...
Retail suppliers late payment worsening
Small businesses supplying the automotive, retail industry and manufacturing sectors face the longest-ever wait for payment from some of the UK’s largest companies, according to Good Business Pays.
Supplier late payment worsening for some
Good Business...
School Meal debts to be cancelled by City Council
Glasgow City Council has unanimously voted in favour of scrapping school meal debts in the city's schools.It is hoped the measure will help families who are struggling with the cost of living crisis.The move,...
