The Institute of Chartered Accountants in England & Wales has recently published its Business Confidence Index for the second quarter of 2019. And pretty grim reading it is.
Are CVA’s coming of age
Particularly for the retail and hospitality sectors, the last year or so has been pretty bleak. Big names like Toys R Us, Maplins and Poundworld all disappeared from the high street, whilst a long list of others, including Prezzo, Carluccio’s, Marks & Spencer. Mothercare and New Look have shrunk.
Company Insolvencies – 2019 Outlook ”Full Report”
The Insolvency Services has recently published the official insolvency statistics for 2018. As widely reported, pretty sorry reading they make. Here are our thoughts on how 2019 may look.
Spotting the Warning Signs
How do you spot the warning signs of a failing business?
It’s been an odd few years…
Given the state of the British economy and the difficult business climate, you might have expected insolvency practitioners to be rushed off their feet. In fact, the level of business insolvencies, both company insolvency and for individuals, has been remarkably low.
Insolvency advice: don’t be an ostrich!
There’s no doubt that we are living in extraordinary – perhaps unprecedented – times. Scarcely a week seems to go by without news of another company failure – retail company failures seem to have been particularly in vogue, with Blockbuster Video, HMV, Jessops and Comet all falling into administration in the last few weeks.