Corporate insolvencies increase by more than 60% in two years
January 3rd 2024
The number of corporate insolvencies has increased by more than 60% over the last two years, according to the latest figures from the Insolvency Service. Carly Davies, our Debt Control Manager provides an update. They increased by 17.6% in October 2023 to a total of 2,315 compared to September’s total of 1,969,…
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New measures to help small businesses tackle late payments
November 8th 2023
The Government has announced a new set of measures to help small businesses tackle the issue of late payments. Carly Davies, our Debt Control Manager provides an update. The measures will be included in the upcoming Prompt Payment & Cash Flow Review and are designed to improve delivery and enforcement of policies,…
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Debt collection methods to ensure your business gets paid
July 6th 2023
Debt collection and credit control can be a challenge for any business. Yet failure to deal swiftly and effectively with debtors can threaten your viability and put your future and the future of your employees at risk. Carly Davies, our Debt Control Manager, reports. Here are some of the key approaches to…
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Corporate insolvencies soar by a third to highest level for three years
May 22nd 2023
Corporate insolvencies soared by 37.7% in March to their highest level for three years, according to figures from the Insolvency Service. Carly Davies, our Debt Control Manager provides an update. There was a total of 2,457 insolvencies in March 2023 compared to February’s total of 1,784. That was a 15.9% increase compared…
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