Despite the impact of COVID-19 in 2020, if you look at the monthly UK insolvency statistics, the number of companies that filed for bankruptcy or went into liquidation, administration or CVAs, has decreased year on year. For example, in July 2020 in England and Wales, there were a total of 955 company insolvencies which represented [...]
You have a great idea for a business and you register a company but it doesn’t quite go to plan. You want to close the business a short while later. There can be several reasons why business owners want to close a private limited company which can include the business not making the money expected, [...]
I’m sure many of us have been in the situation of having a company that owes us money but being unable to contact them. They don’t answer emails, telephone calls are ignored, rumours fly around about the business struggling. In these circumstances, questions arise. Are they still trading? Has the business closed? Are they in [...]
Seeing the sign of a closing down sale or liquidation sale is not an uncommon sight in most major city shopping centres in the UK. In 2020, it is sadly a very familiar sight as many retail shops and businesses are being forced to close due to the impact of COVID-19. With many people continuing [...]
If your company is experiencing financial distress or going through tough times, then you may be considering getting some expert advice to help you navigate these choppy waters. This would ideally be in the form of an experienced insolvency practitioner. However, unless you have dealt with an insolvency practitioner before, you may be unsure what [...]
Please ensure you read the full article prior to contacting Leading. Please note that due to the Company’s position it is not possible for you to obtain a refund. Online personal training course provider, FitLearn Ltd (“the Company”), has ceased trading and will be entering Creditors Voluntary Liquidation. Since contacting Leading, the director’s primary concern […]
Horsford-based wholesaler Aquatics Express Distribution Ltd has entered administration and called in Jamie Playford of Leading Corporate Recovery to manage the company’s affairs, after the majority of the company’s cash and stock was removed by a former director without authorization. Director Craig Carson brought in Mr Playford on 6 March 2018 to lead the recovery […]
Jamie Playford of Leading Corporate Recovery has been appointed liquidator of Attleborough-based Saxton Haulage Ltd by creditors on 24 January 2018. The failure of the freight company has resulted in redundancies of four staff and a loss to creditors of £858,329.05. The business was formed in 2015 and was initially funded by the director […]
Traded Network Ltd, which also traded as Desire Marketing Norwich following an acquisition in 2016, has entered voluntary liquidation with Jamie Playford of Leading Corporate Recovery appointed as liquidator on 4 January 2018. The failure of the marketing and PR agency has resulted in redundancies of five staff and a loss to creditors of £150,000, of […]
A Norfolk plumbing and heating business has become the latest construction-related business to fail, with creditors appointing Leading Corporate Recovery to manage the liquidation process. R.J. Drury Plumbing and Heating Ltd (“the Company”) was incorporated in 2008 and entered Creditors’ Voluntary Liquidation with Jamie Playford of Leading Corporate Recovery appointed as Liquidator on 8 November […]
