Winding Up Petition

Sham Insolvency Practice Ordered to Close by Court

Sham Insolvency Practice Ordered to Close by Court

A Manchester-based company offering what it called ‘alternative insolvency solutions’ has been wound up by the High Court for operating…
Tory-Linked PPE Firm Issued with Winding Up Order By HMRC

Tory-Linked PPE Firm Issued with Winding Up Order By HMRC

A company with links to a prominent Conservative peer that secured a fast-track government PPE contract during the COVID pandemic…
Fears of a ‘Tsunami of Insolvencies’ as Second Lockdown Bites

Fears of a ‘Tsunami of Insolvencies’ as Second Lockdown Bites

You couldn’t accuse the UK government of wishing a second national lockdown. In fact, according to critics, the Johnson-led administration…
Figures Suggest Worrying Drop in Insolvency Service Enforcement

Figures Suggest Worrying Drop in Insolvency Service Enforcement

The latest official figures detailing the number of convictions and other enforcement actions made under the Companies Act show that…
‘No Problem’ – Grocery Regulator Under Fire for Dismissing Late Payments Issue

‘No Problem’ – Grocery Regulator Under Fire for Dismissing Late Payments Issue

The Grocery Code Adjudicator (GCA) has attracted sharp criticism for claiming that there is “no evidence” that late payments by…
Company Administration: What You Need to Know

Company Administration: What You Need to Know

When a client starts to miss payment deadlines and debts mount up, it is natural to start to wonder -…
Fraudulent Companies Caught Gaming the System and Faking Their Credit Reports

Fraudulent Companies Caught Gaming the System and Faking Their Credit Reports

The Insolvency Service has just completed an investigation into a network of fraudulent companies in the UK. The implications of…
Pirelli prompt payment policy leaves Lotus lagging

Pirelli prompt payment policy leaves Lotus lagging

Formula 1 tyre supplier Pirelli took a hard line in Hungary by invoking a prompt payment policy that left Lotus…
In the rough – 19 year disqualification for golf investment scam directors

In the rough – 19 year disqualification for golf investment scam directors

Two directors of Lancashire-based Worldwide Sports Investments Limited have been disqaulified following an investigation by the Official Receiver’s Public Interest…
Director receives a 6 year disqualification order for derailing own company

Director receives a 6 year disqualification order for derailing own company

Mr Lawrence McGovern, director of Railtrades Ltd (“Railtrades”) has received a 6 year disqualification order for disposing of the company’s…

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