Insolvency News 10 of 21

Company Liquidation After Exploiting Older People

Following his company liquidation Phillip Christopher Twose, the 62 year old director of Newlook Roof Coatings Limited, has been disqualified from working as a company director for 12 years after using coercive and misleading sales practices to target vulnerable people….

Insolvency Service winding up two Occupational Pension Companies

Two companies responsible for operating occupational pension schemes worth a combined £19.4million have been placed into provisional liquidation via a winding up petition following an Insolvency Service investigation. The investigation, carried out by Company Investigations, part of the Insolvency Service,…

The North West Leads the Way in Company Rescue

Recent research carried out by the insolvency trade body R3 into the value of the insolvency profession has revealed that the North West of England leads the way in company rescues, with more than half of all insolvent businesses surviving…

R3 Finds UK Company Insolvency at Record Low

Recent research carried out on behalf of the insolvency trade body R3, has found that company insolvency levels in the UK have reached a record low. The survey, which took the form of telephone-based interviews with 500 senior financial decision…

Late Paying Invoices hit UK Businesses hard

One in Six Invoices are Late Paying – hitting UK Businesses hard New research by R3, the insolvency trade body, has found that almost one-in-six (15 percent) of all invoices sent out by UK businesses has been paid late in…

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