blog and news

Keep up to date with all the latest goings on at White Maund.

Company Voluntary Arrangements – a misunderstood or misused procedure?

If recent statistics are to be believed, some 86% of Company Voluntary Arrangements (CVAs) entered into between 2013 and 2015 have failed and an alternative insolvency process has been required.   There are numerous reasons why a CVA may not work as intended however in the right circumstances a CVA still offers an opportunity to restructure […]

Have we lost our appetite for dining out? The UK Restaurant sector continues to struggle in uncertain times

Earlier this year we reported on the struggling restaurant industry following the closure of some of Jamie Oliver’s restaurants. Unfortunately it seems that our prediction for hard times ahead is coming to fruition with more big name restaurants adding to the list including Ed’s Easy Diner and Frankie and Benny’s closing poorly performing sites from […]

What are the effects of the new insolvency rules?

The new Insolvency Rules came into effect on the 6th April 2017. The new rules are already undoubtedly having a significant impact on the Insolvency profession. They represent the most significant shake up in the insolvency professional legislation for more than 30 years when the Insolvency Act was introduced in 1986. The changes have been brought […]

Insolvency statistics – the road ahead

The statistics released last week by the Insolvency Service for the first quarter of 2017 show an increase in total company insolvencies in England & Wales of 5.3% compared to the same quarter in 2016, driven by an increase in underlying numbers of creditor voluntary liquidations.  Does this show that economic pressures are beginning to […]

Dining out

With Jamie Oliver earlier this year announcing the closure of six of his restaurants, 2017 looks set to be a challenging year for the sector and retail generally. The cost of labour will increase in April following an increase in the minimum wage which dovetails with a revaluation of business property which may lead to […]

Small steps to being Greener

At White Maund we believe that we not only have a responsibility towards our clients but also to the wider community. As part of our CSR policy (Corporate Social Responsibility), we take seriously our environmental credentials. While we are not a heavy industrial company, we can still take small steps to being greener. The recent […]

2017 a challenging year ahead?

The Insolvency Service has released the insolvency statistics for the final quarter of 2016 and whilst there has been only a marginal increase in corporate insolvencies there has been a significant increase in personal insolvencies compared to 2016. Whilst the number of people becoming bankrupt has continued to decline, the increase in personal insolvencies has […]

Latest Satisfaction Survey Results from White Maund

Thank you to all those that took the time to complete our recent satisfaction survey. It’s important to us to know whether we are giving you the service you want, to know how you feel about White Maund. And just so you know…..we value you too! The results were very heart-warming but this doesn’t mean […]