Posted By: Bretts Business Recovery Ltd on 20th November 2024
The insolvency statistics released for October 2024 show that of the 1,747 registered company insolvencies: There were 188 compulsory liquidations 1,445 creditors’ voluntary liquidations (CVLs) 100 administrations 12 company...
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Posted By: Bretts Business Recovery Ltd on 18th October 2024
The insolvency statistics released for September 2024 show that of the 1,973 registered company insolvencies: There were 226 compulsory liquidations 1,575 creditors’ voluntary liquidations (CVLs) 155 administrations 17 company...
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Posted By: Bretts Business Recovery Ltd on 20th September 2024
The insolvency statistics released for August 2024 show that of the 1,953 registered company insolvencies: There were 279 compulsory liquidations 1,542 creditors’ voluntary liquidations (CVLs) 112 administrations 20 company voluntary...
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Posted By: Bretts Business Recovery Ltd on 20th August 2024
The insolvency statistics released for July 2024 show that of the 2,191 registered company insolvencies: There were 320 compulsory liquidations 1,691 creditors’ voluntary liquidations (CVLs) 155 administrations 25 company voluntary...
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Posted By: Bretts Business Recovery Ltd on 31st July 2024
The insolvency statistics released for June 2024 show that of the 2,361 registered company insolvencies: There were 302 compulsory liquidations 1,866 creditors’ voluntary liquidations (CVLs) 1170 administrations 23 company voluntary...
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Posted By: Bretts Business Recovery Ltd on 3rd July 2024
The insolvency statistics released for May 2024 show that of the 2,006 registered company insolvencies: There were 271 compulsory liquidations 1,590 creditors’ voluntary liquidations (CVLs) 126 administrations 19 company...
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Posted By: Bretts Business Recovery Ltd on 19th March 2024
If you or your client’s business is facing financial distress it can be a stressful and worrying time for all involved. It can also be daunting to be presented with an overload of information and options on what to do next. Perhaps a formal...
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Posted By: Bretts Business Recovery Ltd on 19th March 2024
A restructuring plan is a recently introduced court-supervised process that allows financially distressed companies to restructure their liabilities and reach a binding compromise with their creditors and/or shareholders. It must have approval from...
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Posted By: Bretts Business Recovery Ltd on 17th August 2023
The number of registered company insolvencies in July 2023 was 1,727, 6% lower than in the same month in the previous year (1,831 in July 2022). This was higher than levels seen while the Government support measures were in place in response to the...
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Posted By: Bretts Business Recovery Ltd on 27th July 2023
The number of registered company insolvencies in June 2023 was 2,163, 27% higher than in the same month in the previous year (1,698 in June 2022). There were 260 compulsory liquidations in June 2023, 77% higher than in June 2022. Numbers of...
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