It’s no secret that the surety market has hardened and we are currently experiencing a contraction of capacity, restriction of acceptable wordings and underwriters, and their reinsurers, are being far more risk adverse than previously.  With this in mind, we spoke to our friends over at Attis Credit Solutions about the impact the changes in […]… Continue Reading

Insights from the latest insolvency statistics released by The Insolvency Service for July 2024. These figures offer a valuable look at the current insolvency landscape in the UK and can help your business navigate these challenging times. Key Highlights from July 2024: Total Company Insolvencies: There were 2,191 company insolvencies in July 2024, reflecting a […]… Continue Reading

A Winding-Up Petition can significantly impact a company, especially with the rising number of Compulsory Liquidations. It’s crucial to grasp the processes, risks, and consequences involved. In our final installment, we shed light on the public visibility of winding-up petitions and their implications. Special thanks to Alison Beard and our partners at Silverback Commercial Law […]… Continue Reading

A Winding-Up Petition can have a detrimental impact on a company and with the number of Compulsory Liquidations rising it’s important to understand the processes, risks and consequences of Winding-Up Petitions, we explain these below. Special thanks to Alison Beard at Silverback Commercial Law Services Limited Law for their support. In this series we explore the outcomes of petition hearings, starting […]… Continue Reading

Join Emma Reilly FCICM and Alison Beard from Silverback Commercial Law Services Limited as they continue to delve into winding-up petitions, outlining the process and consequences of potential compulsory liquidation. In this installment of our series, we continue to explore petition hearing outcomes. Join us as we delve into adjourned and withdrawn petitions and their […]… Continue Reading

A Winding-Up Petition can have a detrimental impact on a company and with the number of Compulsory Liquidations rising it’s important to understand the processes, risks and consequences of Winding-Up Petitions, we explain these below. Join our CEO Emma Reilly FCICM and Alison Beard from Silverback Commercial Law Services Limited Law as they discuss the process to support and how […]… Continue Reading

A Winding-Up Petition can have a detrimental Impact on a company and with the number of Compulsory Liquidations rising it’s important to understand the processes, risks and consequences of Winding-Up Petitions, we explain these below. Part 3 of our series explores the cost implications of winding-up petitions and the procedural journey involved. Special thanks to Alison Beard at […]… Continue Reading

A Winding-Up Petition can have a detrimental Impact on a company and with the number of Compulsory Liquidations rising it’s important to understand the processes, risks and consequences of Winding-Up Petitions. In this segment, Emma Reilly FCICM and Alison Beard delve into the details of disputed balances and what factors to consider before initiating a petition.… Continue Reading

In the domain of credit management, understanding winding-up petitions is essential for safeguarding your company’s financial health. We’re pleased to bring you this series on Winding-Up Petitions & The Consequences They Can Have On A Business. This series delves into winding-up petitions, outlining the process and consequences of potential compulsory liquidation. Join us as we […]… Continue Reading

The Economic Crime and Corporate Transparency Act aims to enhance data accuracy on company registers to combat economic crime and boost confidence in the UK economy. It introduces new objectives and powers for the Registrar of Companies, including ensuring document compliance, accurate register information, and preventing unlawful activities Purpose of the Act:The Economic Crime and […]… Continue Reading