Insolvency Service investigation leads to shut down of solar panel company
Solar Energy Savings Limited, which marketed and sold solar panel systems to the general public, was wound-up on 26 July 2012 by the High Court in…
Corporate Insolvency
Unwillingness to share financial information may exacerbate credit crisis
The proportion of UK firms carrying a credit rating which may negatively affect their ability to obtain finance and favourable credit terms from…
Late payment is ‘badge of honour’ for British businesses
Late payment has become a ‘badge of honour’ for British businesses, which are failing to see the knock on effects stalling payments can…
SMEs lead the fall in business insolvencies
The latest Business Insolvency Index from Experian revealed that during June 2012, 0.08 percent of the business population failed – a small…
Nearly £6 million recovered by DCAs every day
Levels of debt being collected by members of the Credit Services Association (CSA) have returned to pre-Christmas levels, according to the latest…
Calls for UK’s top 100 FTSE companies to sign PPC
An Oldham MP has embarked on a new campaign to encourage the UK’s top 100 FTSE companies to sign up to the Prompt Payment Code (PPC). Be Fair –…
National events set to boost UK retail
A leading credit insurer is reporting an ‘uplift’ in the number of credit limit requests being made as UK businesses aim to capitalise on the…
UK manufacturing firms getting the raw deal with late payments
Businesses in UK manufacturing are waiting longer than any other sector to get paid by their buyers, according to a report by Atradius. The…
Low failure rates provide false sense of security
Company failure rates will remain flat during the second quarter of 2012 but firms supplying the construction, real estate and retail sectors should…
One in three DCAS under threat, says new report
One in three UK Debt Collection Agencies (DCAs) is making a loss as economic conditions continue to take their toll, according to a new study. The…
