
Company Insolvency Rates up 32% Year-On-Year
Is the UK in a recession? Some stats say yes, others say not quite, but the rising number of company insolvencies is a strong indicator to Commercial insurance brands that claims are likely to rise […]
Is the UK in a recession? Some stats say yes, others say not quite, but the rising number of company insolvencies is a strong indicator to Commercial insurance brands that claims are likely to rise […]
The most recent stats from the UK Insolvency Service show that rates are on the up as the recession deepens. Fact is, lockdowns have consequences and once Bounceback loans and 10K grants are exhausted so […]
Latest fraud case report from the Insolvency Service; Marian Daniel Clipici, aged 35, has been disqualified as a director for 7 years after failing to keep adequate accounts while his business was trading. Marian Clipici, […]
Latest case of Bounce Back Fraud, from HM Govt; The Director of vehicle body repair company took a £50,000 Bounce Back Loan, even though company was no longer trading. Anthony Stephen Miller, 48, from Blackburn […]
Another tale of missing Bounceback Loan cash from the Insolvency Service; Kleida Pizzeria Ltd was incorporated in April 2014 and the sole director was Ilir Bajrami (61) from Glasgow. Liquidators were appointed, however, to close […]
The latest from the UK Insolvency Service; A Nottingham-based claims management boss, previously jailed for being in contempt of court, has been fined £25,000 for failing to carry out duties as a company director. Haroon […]
Latest from the Govt; Kevin Morris, also known as Kevin Gordon Sykes, 61, from north London has been disqualified for the maximum 15 years after he was found to be a de facto director of […]
Latest update from the FSCS; Gefion Insurance A/S (“Gefion”), a Denmark-based insurance company entered into insolvency proceedings on 7th June 2021. It is no longer paying claims. The FSCS declared the firm failed (in default) […]
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