Insolvency News 12 of 18

£1.5million Land Scam buried by Winding up Petition

Gilbert Webb Estates Limited, a firm operating a land banking scheme that preyed on vulnerable members of the public, has been ordered into compulsory liquidation via winding up petition by the High Court following an Insolvency Service investigation. The company,…

Escrow Company Wound Up in Final Chapter of Earth Metal Sham

Back in November, we reported on two earth metals companies that were selling virtually worthless earth metals to unsuspecting investors. The companies involved, ‘Denver Trading AG’ and ‘Denver Trading Ltd’, were subsequently wound up for “offering services which were simply…

The Future Looks Bright for UK Small Businesses

Despite warnings north of the border that business insolvencies could be on the up, a recent survey by R3, the trade body for insolvency professionals, has shed light on the prospects of small businesses across the UK. And, the good…

1,000 Closures Predicted for Scottish Businesses in 2015

Insolvency practitioners have fired a shot across the bows of Scottish businesses, predicting 1,000 company closures and 12,000 personal bankruptcies in the coming year. Although the warning might sound counterintuitive, one of Scotland’s leading corporate financial experts believes the improving…

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