The Insolvency Service has released the latest figures for February 2024, shedding light on the state of insolvencies in the UK. Here’s a breakdown of the numbers: Registered Company Insolvencies Breakdown: In February 2024, a total of 2102 company insolvencies were recorded, with the following distribution: 1707 Creditors Voluntary Liquidations 217 Compulsory Liquidations 166 Administrations […]… Continue Reading

“In our credit management procedures, we engage with two agencies for credit information. One is a mainstream agency, and the other is Top Service because of their construction industry-specific information. Recently, when assessing a potential customer seeking a credit account, our primary provider’s data seemed satisfactory at first glance. However, upon cross-referencing with Top Service’s […]… Continue Reading