Insolvency Service appoints Crypto Debt Recovery Expert
The UK Insolvency Service has appointed its first crypto intelligence specialist to help with enforcement recover crypto from bankruptcy, civil and criminal cases.
Andrew Small, a former police investigator with a background in economic crime,...
Director banned for £200k bank payment days after Company collapsed
A Scottish businesswoman has been banned as a company director after paying her daughter £200,000 days after their firm collapsed.Mother and daughter Hazel Lamont and Nicola Murray decided to wind up their Scotparts UK...
Business Overdue Invoices hit 26 month high in Wales
The number of overdue invoices on the books of Welsh businesses hit a 26-month high in April 2025, according to new research from R3, the UK’s insolvency and restructuring trade body.R3’s analysis of data...
Medical Sector Suppliers collapses after 41 years trading
A well known Medical Gas Suppliers company has ceased trading after plunging into administration after 41 years.Blair Milne and James Fennessey, partners with Azets, have been appointed joint administrators of medicinal gas pipeline installation...
Number of Limited Company Director disqualifications rises
Latest figures from the Insolvency Service show the agency banned more than 1,000 directors in 2024-25, of which 736 were for Covid loan abuse.The report shows that of the 1,036 directors who were disqualified,...
CCJ Enforcement is extremely ‘slow and ineffective’ says Judge
Claimants are struggling to recover Unpaid CCJs in England and Wales due to justice system failures. A body chaired by a Senior Judge has found that the CCj Enforcement is "extremely slow and ineffective".The...
Green Energy firm enters administration
Green energy firm Ripple Energy which provided renewable power to over 20,000 customers in the UK has filed notice to appoint administrators.Ripple allowed customers to co-own a wind farm or solar park with “thousands...
6 in 10 Small Businesses restricted by late payments
A new report from GoCardless, in partnership with the Federation of Small Businesses (FSB), has revealed an escalating late payments crisis threatening UK small businesses.A survey of over 2,000 small Business owners found that...
Scam Debt Collectors firm shut down by Authorities
Bristol based debt recovery business which didn’t hand over money is shut downAn Insolvency Service investigation found that Encore Capital Group Inc Ltd trading as Encore Debt Recovery failed to fully hand over the...
Businesses suffering from significant Late Payment delays
Latest data from Money.co.uk has found that on businesses are facing 47-day payment delays.The FSB has described late payments as one of the ‘biggest problems’ facing small businesses and with the Government announcing plans...
