Posted By: Sue Maund on 14th August 2020 under Administration, insolvency, Insolvency statistics, Insolvency Stats, Market Conditions, News
The Insolvency Service releases monthly company and individual insolvency statistics for England and Wales, and monthly company statistics for Scotland. The latest monthly release was published on 14 August 2020. Summary for July 2020 England and Wales Whilst overall numbers of company and individual insolvencies remained low in July 2020, when compared with the same […]
Posted By: Sue Maund on 22nd August 2019 under Administration
Administration is an insolvency process that protects a limited company and it’s assets from any legal process. Where a company is coming under pressure from it’s creditors for non-payment of debts and creditors are threatening legal proceedings or a winding up petition, the company may need the protection administration brings to provide time to determine […]