LATEST ARTICLES

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...
CCJ Enforcement too slow says report

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...
green energy firm enters administration

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...
small businesses struggling with late payment

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...
scam debt collectors closed down

Scam Debt Collectors firm shut down by Authorities

Bristol based debt recovery business which didn’t hand over money is shut down An Insolvency Service investigation found that Encore Capital Group Inc Ltd trading...
small business chasing late payments

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...
government urged to improve debt collection methods

Trade Body calls on Government to improve its Debt Collection methods

In a new report, the Credit Services Association (CSA), the UK trade body for the debt collection and debt purchase sector, has called on...
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...