Shortage of Cash flow causes 2nd F1 team to go into Administration
Categories for Insolvency Reviews & Advice
Shortage of Cash flow causes 2nd F1 team to go into Administration
A Shortage of Cash Flow Causes 2nd F1 Team to Enter Administration Without a doubt, Lesson 1.0 of business economics is always that cash flow is king, which struggling formula 1 teams, Caterham and Marussia found out to their detriment...
Read moreLondon Mining Plc Enters Administration
London Mining PLC Enters Administration The London based iron ore mining company is placed into Administration following a failure by the Company to find a buyer for the business. It is thought that the Company suffered in recent times from...
Read moreWhat Happens After my Company is in Liquidation?
What Happens After My Company is in Liquidation? Once a company is placed into Liquidation, it is the Liquidator’s duty to maximise the realisations so that the Company’s creditors get the best return possible. This means that the liquidator must...
Read more6 Common Misconceptions About Insolvency
Top 6 Common Misconceptions About Insolvency The following is my quick fire summary of the six most common mistaken beliefs of clients (and their advisers) in relation to an insolvency of a limited company. 1. An insolvency of a...
Read moreLose The HMRC Hounds.
Lose the H.M. Revenue & Customs Hounds. In recent months I have seen a considerable rise in enquires coming from clients who are small businesses that owe £10-30k in taxes (due to either falling behind with their VAT or being...
Read moreIts Administration for Phones4U as a CVA is approved for Mamas and Papas in the same week.
Administration for Phones4U as a CVA is Approved for Mamas and Papas in the Same Week The well known high street mobile phone provider, Phones4U, has entered Administration this week after two of its largest telephone operators (EE and Vodafone)...
Read moreFurther declines in lending to SME’s leading to call for more to be done.
Further Declines in Lending to SMEs The Bank of England’s Funding for Lending Scheme (FLS), introduced by the Treasury in 2012 to incentivise banks and financial institutions to boost their lending to the UK economy, has released disappointing figures showing...
Read moreThe Highs and Lows of Coventry City Football Club
The Highs and Lows of Coventry City Football Club As a licensed insolvency practitioner based in the Coventry area I have always kept a keen eye on the highs and lows of the roller coaster that is Coventry City Football...
Read moreInterest Rate Rises Expected
Interest Rate Rises Expected Industry experts predict that an interest rate rise will occur either in the later part of 2014 or early 2015 but will initially be introduced gradually due to the current failure of wages to meet the...
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