Business news 11 October 2023
James Salmon, Operations Director.
This blog has been on holiday but here are some of the things while we were away.
Recession fears dampen hiring intentions
Employers are becoming increasingly cautious about hiring new employees due to the impending threat of a recession, resulting in BDO’s employment index reaching its lowest level in almost a decade. The index, which measures hiring intentions, dropped for the third consecutive month in September, indicating the weakest reading since 2014. Sectors such as retail, wholesale, food, support services, and construction are experiencing the most significant pressure on jobs. Businesses are struggling to maintain their current staffing levels due to high employee costs, weak consumer demand, and high interest rates. BDO’s economic output index also declined for the third consecutive month, falling below the threshold that separates contraction from expansion. Business confidence has also decreased, indicating a slowdown in economic activity during the winter months. Kaley Crossthwaite, BDO partner, said: “An even more pessimistic outlook from businesses, declining output and the lowest reading on the employment index in nine years are mounting indicators of the slowdown in economic activity predicted over the winter months.”
Labour plans to recover Covid fraud cash
If elected, Labour plans to appoint an anti-corruption commissioner to recoup billions of pounds lost to fraud and waste during the pandemic. Shadow Chancellor Rachel Reeves will today set out the plan in her speech to Labour’s conference. She will say that just 2% of fraudulent Covid grants have been recouped, with the party expected to put the cost of pandemic-related fraud to the taxpayer at £7.2bn. Ms Reeves will promise to appoint a commissioner with the “mandate to do what it takes to chase those who have ripped off the taxpayer.” The commissioner will be granted the power to take cases to court and “claw back every penny of taxpayers money that they can.” They will, Ms Reeves will announce, examine contracts line by line and would have to update parliament on their progress in clawing back money. Labour’s proposal would bring together HMRC, the Serious Fraud Office and the National Crime Agency. Labour would review sentencing on fraud and corruption conducted against UK public services, as well as reform public procurement rules to include a strong “debarment and exclusion” regime for those complicit in fraud against the state. Jolyon Maugham, the founder of the Good Law Project campaign group, said: “If you’re serious about looking after public money … you want those billions back. Recovering them starts with political will. Until now that has been sorely lacking – so this is a very positive development.”
UK businesses hesitant to invest due to EU trade barriers and high rates
UK businesses are holding back on making large investments in machinery and new technology due to trade barriers with the EU and high interest rates, according to a survey by the British Chambers of Commerce. The survey found that the majority of respondents had frozen or reduced their investment plans, with only 23% considering new injections of cash. The survey also revealed that investment in UK businesses has remained stagnant for the past six years, with the number of firms increasing investment never exceeding 28%. The survey highlights the tough trading conditions faced by businesses, including inflation, labour shortages, global trade barriers, and interest rate rises. Uncertainty surrounding government infrastructure plans and the threat of further customs checks at the EU border are also impacting investment.
UK services activity weakest for 8 months
The UK’s services sector saw its weakest performance since the start of the year in September, according to the S&P Global/CIPS UK services PMI survey. Sluggish business conditions, heightened risk aversion and downward pressure on demand continued to drag on output. Jobs in the industry were shed at the fastest rate since 2021.The index showed a reading of 49.3 in September, down from 49.5 in August. Any score below 50 indicates that activity in the industry has been contracting. Although this was the lowest level since January, the reading came in above the earlier flash estimate figure of 47.2. Tim Moore, economics director at S&P Global Market Intelligence, said the downturn “stood in contrast to solid growth during the spring months.”
Construction industry slumps as rate rises dampen demand
The S&P Global and CIPS purchasing managers’ index (PMI) for the construction industry revealed that housebuilding contracted at the worst rate since the credit crunch in September. House prices have fallen at their fastest annual pace for nearly 15 years, when stripping out the COVID-19 crisis – down more than 5% – meaning that developers are receiving less income for their homes. Tim Moore, economics director at S&P Global Market Intelligence, said: “A rapid decline in housebuilding activity acted as a major drag on workloads, with construction companies widely commenting on cutbacks to new residential development projects in the wake of sluggish demand and rising borrowing costs.”
Retail sales growth slows in September
Total UK retail sales increased by 2.7% in September, according to the Retail Sales Monitor from the British Retail Consortium (BRC) and KPMG, but growth slowed due to consumer caution and higher costs. Food and drink sales were up 7.4%, but still below the 12-month average of 8.4%. Online sales continued to decline, with only health, beauty, and jewellery showing positive figures. September’s data marks the 26th consecutive month of online sales falling. Paul Martin, UK head of retail at KPMG, said: “After years of battling challenges, the resilience of the retail sector has been dented and we are starting to see the gap between the strongest and the weakest on the high street widen.” He added: “The fight for Christmas shoppers will be fierce this year, with promotions likely to be earlier and abundant in a bid to loosen tight household purse strings.” BRC chief executive Helen Dickinson said: “With sales volumes down, growth has been artificially boosted by high inflation over the last two years. As inflation eases, so too will longer-term sales growth prospects.”
World economy on course for ‘soft landing’ despite headwinds, IMF chief says
The global economy has demonstrated remarkable resilience this year, the head of the IMF Kristalina Georgieva said on Thursday, reducing the chances of a painful recession in the coming quarters.
Urgent action needed to decarbonise SMEs for net-zero targets
Leading researchers from the University of Oxford, Sheffield Hallam University, and the Open University have warned that urgent action is needed to rapidly scale up decarbonisation efforts among small and medium-sized businesses (SMEs) in order to achieve national net-zero targets. Despite accounting for 99.2% of the UK’s total businesses and a significant amount of emissions, SMEs have been overlooked in climate policymaking. The group of experts reviewed existing provisions for SMEs to decarbonise and found that support programs are often small-scale, piecemeal, and poorly evaluated. They argue that the turbulence created by multiple global crises offers a unique opportunity to engage SMEs on environmental issues and raise expectations for their role in climate action.
Most CEOs expect a full return to the office by 2026
The majority of bosses, according to a survey by KPMG, believe that their staff will be back working in the office five days a week within the next three years. The survey, which included responses from 1,300 global chief executives, revealed that 64% predicted a full return to in-office working by the end of 2026. Nearly 90% of those polled suggested that they would link pay, bonuses, and promotions to coming into the office more regularly. While some companies have granted staff flexibility, only 7% of chief executives think that fully remote working will be the norm in the long term. Jon Holt, chief executive of KPMG UK, says the findings reflect his conversations with other bosses, “many of whom are keen to return to working face-to-face with their teams rather than on a screen”. The survey also highlighted concerns about geopolitics, political uncertainty, rising interest rates, and the cost of living crunch. Chief executives were investing heavily in generative artificial intelligence and prioritising meeting environmental, social, and governance targets.
Office landlords face £65bn bill to meet energy standards
Office landlords in Britain are facing a bill of over £65bn to bring their buildings up to standard or risk them becoming unlettable by 2030. The Government aims to have all commercial buildings in the country with an energy performance certificate rating of A or B by the end of the decade. However, analysis by PwC reveals that almost 90% of nearly 60,000 offices in Britain have a rating of C or worse. The total bill to upgrade the nation’s office stock is estimated to be more than £65bn. PwC’s analysis shows that London has more office blocks with A and B ratings compared to other regions, while the Midlands is most at risk with the highest number of F and G-rated offices. Despite speculation that the deadlines may be pushed back, tenants’ demands for eco-friendly offices are unlikely to change
Fuel retailers deny profiteering as prices soar
Fuel retailers have dismissed claims that drivers are being overcharged following a surge in pump prices. The RAC claimed that petrol is currently overpriced by around 7p a litre. “It’s worrying that retailer margin across the UK is higher for petrol than it should be considering the big four supermarkets were told off by the Competition and Markets Authority for overcharging drivers by £900m in 2022,” RAC fuel spokesman, Simon Williams, said. However, the Petrol Retailers Association (PRA) dismissed the RAC’s conclusion, stating that its members are not unjustifiably pricing petrol higher than needed. The PRA cited increased operational costs, rising labour expenses, energy costs, and reduced fuel sales as reasons for the inevitable increase in fuel margins.
Challenging market conditions impact IPO activity
Challenging market conditions impacted IPO activity in the third quarter of 2023, with just five listings, according to a report from EY. Proceeds fell by 36% to £359.8m compared to the same period in Q3 2022. Over the first three quarters of 2023, 23 companies listed in the UK, raising £953m, compared with 34 IPOs raising £1.16bn over the same period in 2022. The largest IPO in the period was CAB Payments, which raised £291.5m. Scott McCubbin, EY UKI IPO leader, said: “Challenging market conditions, compounded by high inflation and rising interest rates, have meant IPO activity has continued to face obstacles. However, there are reasons to be positive – several companies which had delayed their IPOs earlier this year are now making plans to be ‘IPO ready’ for when headwinds ease. Furthermore, there is an uptick in activity in the US IPO market, which normally has a positive knock-on impact in other markets, so we anticipate a rebound in activity in 2024.”
UK house prices more resilient than expected
Falls in house prices will continue into next year, according to Halifax, although the rate of reduction has slowed. The mortgage lender said that property prices were 4.7% lower in September than a year earlier. Prices were down 0.4% on the previous month, but that was a much shallower drop than previously. “Borrowing costs are the primary factor, given the impact of higher interest rates on mortgage affordability,” said Kim Kinnaird, director, Halifax Mortgages. “Against this backdrop, homeowners inevitably become more realistic about their target selling price, reflecting what has increasingly become a buyer’s market.”
Latest Insolvencies
Tuesday 3/10/23
Appointment of Administrator – KNP LOGISTICS GROUP LIMITED
Appointment of Liquidators – EASYACCESS SOFTWARE LIMITED
Petitions to wind up (Companies) – LIFT GYMS LIMITED
Appointment of Administrator – TOPAZ DEVELOPMENTS LIMITED
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Appointment of Liquidators – SCAPE HOLDCO 3 LTD
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Appointment of Liquidators – A & L CF MARCH (5) LIMITED
Appointment of Liquidators – R C T DEVELOPMENTS LIMITED
Appointment of Liquidators – GUILDFORD 2 UK HOLDCO LTD
Appointment of Administrator – BLUE CHIP MARKETING (UK) LIMITED
Appointment of Liquidators – AUTINO HOLDINGS LIMITED
Appointment of Liquidators – ELESCA IT CONTRACTORS LIMITED
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Appointment of Administrator – TEDIM INTERNATIONAL LIMITED
Petitions to wind up (Companies) – ECO TIMBER ENGINEERING SOLUTIONS LTD
Petitions to wind up (Companies) – CHASE ROAD APARTMENTS LTD.
Appointment of Liquidators – SCAPE TOPCO 1 LTD
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Petitions to wind up (Companies) – NEIL MURRAY HOUSE BUILDERS LIMITED
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Appointment of Administrator – HYDRA INTERNATIONAL LIMITED
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Petitions to wind up (Companies) – CONJURE GROUP LTD
Winding up Order (Companies) – S.C.G CONSTRUCTION LINCS LTD
Appointment of Liquidators – EDDIE’S ICES LIMITED
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Wednesday 4/10/23
Appointment of Administrator – SHERWOOD COURT (NEWARK) LIMITED
Appointment of Administrator – DORSET CARAVAN PARK 5 LTD
Appointment of Liquidators – ARLT CONSULTING LTD
Appointment of Liquidators – BER HOLDINGS LIMITED
Petitions to wind up (Companies) – KOOP HOSPITALITY LTD
Appointment of Administrator – ROYALE PARKS (RECULVER) LIMITED
Appointment of Administrator – ROYALE PARKS (DORSET) LIMITED
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Appointment of Administrator – LIFESTYLE SITES LIMITED
Appointment of Administrator – VICTORIA PLUM LIMITED
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Appointment of Liquidators – SKRILL HOLDINGS LIMITED
Appointment of Administrator – PLUM TREE COUNTRY PARK LIMITED
Appointment of Liquidators – RHINE ESTATES LIMITED
Appointment of Administrator – ROYALE PARKS (DEVON) LIMITED
Appointment of Administrator – TROIKA CONSTRUCT LIMITED
Appointment of Liquidators – HERON ISSUER NUMBER 2 LIMITED
Appointment of Administrator – ROYALE PARKS (CHRISTCHURCH) LIMITED
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Appointment of Liquidators – FRIENDS LIFE FPL LIMITED
Appointment of Liquidators – AVEC PARTNERSHIP LIMITED
Appointment of Administrator – ROYALE PARKS (DOLTON) LIMITED
Appointment of Liquidators – METHODICAL ENGINEERING LIMITED
Appointment of Liquidators – MILES AHEAD ELECTRICAL SERVICES LIMITED
Appointment of Administrator – STROUD HEIGHTS CARAVAN PARK LTD
Appointment of Administrator – RADSHAPE SHEET METAL LIMITED
Appointment of Liquidators – THREE COUNTIES LINING LIMITED
Appointment of Liquidators – B.N.H. SERVICES LIMITED
Appointment of Administrator – NORTH BOARHUNT 1 LIMITED
Appointment of Liquidators – GSN GAMES UK LIMITED
Appointment of Liquidators – GTT DEVELOPMENTS (CHELTENHAM) LTD
Appointment of Liquidators – TYCO TOYS (UK) LIMITED
Appointment of Liquidators – SARD VERBINNEN & CO., LIMITED
Appointment of Administrator – DORSET CARAVAN PARK 3 LIMITED
Appointment of Administrator – POCKET RENTING LIMITED
Appointment of Administrator – DUNTON PARK CARAVAN SITES LIMITED
Appointment of Liquidators – PCLG LTD
Appointment of Administrator – DEERS LEAP LIMITED
Appointment of Administrator – ROYALE PARKS (CHESHIRE) LIMITED
Appointment of Administrator – TOWERINPUT RAIL SUPPLIES LIMITED
Appointment of Liquidators – MIRAI REAL ESTATE LIMITED
Appointment of Liquidators – MOTOMARK LIMITED
Appointment of Administrator – UK WINDOWS & DOORS GROUP LIMITED
Appointment of Administrator – OAKHAM GRANGE LIMITED
Appointment of Administrator – ROYALE PARK HOMES LTD
Appointment of Administrator – ROYALE PARK ESTATES LIMITED
Appointment of Liquidators – PAYSAFE US HOLDCO LIMITED
Appointment of Administrator – TIME GB (NORTH LODGE) LIMITED
Appointment of Liquidators – TRANE (EUROPE) LIMITED
Appointment of Administrator – BUDEMEADOWS COUNTRY PARK LTD
Appointment of Liquidators – TETRA PAK CPS LIMITED
Appointment of Liquidators – DK CONTRACTING LIMITED
Appointment of Administrator – CHRISTCHURCH MARINA PARK LIMITED
Appointment of Administrator – MILFORD ON SEA PARK LIMITED
Appointment of Liquidators – CAMEOLODGE LIMITED
Appointment of Administrator – REDHILL RESIDENTIAL PARK LIMITED
Appointment of Liquidators – GA HC REIT II U.K. PROPCO HOLDINGS LTD
Appointment of Administrator – ROYALE PARK HOME ESTATES LIMITED
Appointment of Liquidators – CAPITAL IT LIMITED
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Appointment of Administrator – FRENSHAM COUNTRY PARK LIMITED
Appointment of Administrator – BORDON PARK LIMITED
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Appointment of Administrator – FORT CARAVAN PARK LTD
Appointment of Administrator – IOW VIEW CARAVAN PARK LTD
Appointment of Liquidators – WTH 2023 LIMITED
Appointment of Liquidators – ARIA OPERATIONS HOLDINGS LTD
Appointment of Liquidators – SMM CONSULTANCY LIMITED
Appointment of Liquidators – HORNING ADVISORY LTD
Appointment of Liquidators – GLANWERN PROPERTIES LIMITED
Petitions to wind up (Companies) – SIPS PANEL TECHNOLOGIES (UK) LIMITED
Appointment of Liquidators – AYRSHIRE CURLERS LIMITED
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Petitions to wind up (Companies) – LEM3 LTD
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Petitions to wind up (Companies) – SGZ CONONISH LIMITED
Thursday 5/10/23
Appointment of Liquidators – N CHOUDHURY LTD
Appointment of Liquidators – YUKON BIDCO LIMITED
Appointment of Liquidators – BEACH PARK LEISURE LTD
Appointment of Liquidators – DMW REALTY LIMITED
Appointment of Liquidators – THE FARLEIGH BUILDING COMPANY LIMITED
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Appointment of Liquidators – STEVENS SUPPORT SERVICES LIMITED
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Appointment of Liquidators – YUKON MIDCO 2 LIMITED
Appointment of Liquidators – GE CAPITAL INTERNATIONAL 4 LIMITED
Appointment of Liquidators – C D A (WILTSHIRE) LIMITED
Appointment of Liquidators – HARLEY MEDIC INTERNATIONAL LIMITED
Appointment of Liquidators – TD CONSULTING LTD
Appointment of Liquidators – TOWNSTONE LIMITED
Appointment of Liquidators – TREND MICRO EMEA (GB) LIMITED
Appointment of Liquidators – HADWIN INVESTMENTS LIMITED
Appointment of Liquidators – CRYSTAL VISION LIMITED
Appointment of Liquidators – YUKON MIDCO 1 LIMITED
Appointment of Liquidators – ACETATE PRODUCTS LIMITED
Petitions to wind up (Companies) – VB7 LTD
Appointment of Liquidators – EOS A120 LIMITED
Appointment of Liquidators – REDBOURNE WEALTH MANAGEMENT LTD
Appointment of Liquidators – YSC HOLDINGS LIMITED
Appointment of Liquidators – YUKON TOPCO LIMITED
Appointment of Administrator – SMILESITE LIMITED
Appointment of Liquidators – GAL HOLDCO NO.2 LIMITED
Appointment of Liquidators – EQUAL PAY CONSULTANCY SERVICES LIMITED
Appointment of Liquidators – UMLAUT LIMITED
Appointment of Liquidators – REGENTS PARK FINANCIAL SOLUTIONS LTD
Appointment of Liquidators – RICARDO PROPERTIES LIMITED
Appointment of Liquidators – ACAPPELLA TRANSACTIONAL REAL ESTATE LIMITED
Appointment of Liquidators – WIRIS LIMITED
Petitions to wind up (Companies) – ALDGATE E1 LIMITED
Petitions to wind up (Companies) – SIDEQUEST META LTD
Petitions to wind up (Companies) – CHICKEN BASE READING LTD
Petitions to wind up (Companies) – FRACTAL STRATEGIC LAND LIMITED
Appointment of Liquidators – BUNYANS DEVELOPMENTS LIMITED
Petitions to wind up (Companies) – MDA RPO LIMITED
Petitions to wind up (Companies) – PB MOTOR GROUP LTD
Appointment of Liquidators – SWN LIMITED
Appointment of Liquidators – TEAM UNPRECEDENTED LIMITED
Appointment of Liquidators – PRIME SURFACTANTS LIMITED
Appointment of Liquidators – LAZARO SPV LIMITED
Appointment of Liquidators – HEATING FINANCE LIMITED
Appointment of Liquidators – GYNEDOC LTD
Appointment of Liquidators – KENILWORTH COBBLERS LIMITED
Appointment of Liquidators – PROJECT CABUS LIMITED
Appointment of Liquidators – TEAM XGL LIMITED
Appointment of Liquidators – STAR UK ABINGDON PROPCO LIMITED
Appointment of Liquidators – ATICUS RECOVERY LIMITED
Appointment of Liquidators – TEESSIDE PRECISION ENGINEERING LTD
Friday 6th October 2023
Petitions to wind up (Companies) – E.B.CONSTRUCTION SERVICES LTD
Petitions to wind up (Companies) – QUICKSOL LIMITED
Petitions to wind up (Companies) – KAPU BUILDERS MERCHANTS LIMITED
Appointment of Liquidators – WESTFIELD MILAN GENERAL PARTNER LIMITED
Petitions to wind up (Companies) – HF TECHNOLOGY LIMITED
Appointment of Liquidators – RYDER CAPITAL UK HOLDINGS LLP
Appointment of Liquidators – MOSS NEWCO LIMITED
Petitions to wind up (Companies) – MSL INTERIORS LIMITED
Appointment of Liquidators – LAMBERT HORNBY LIMITED
Petitions to wind up (Companies) – CHAD SCAFFOLDING LIMITED
Appointment of Liquidators – PRODUCTROADMAP LIMITED
Petitions to wind up (Companies) – AMEKSES LTD
Appointment of Liquidators – PIXELITOS LIMITED
Petitions to wind up (Companies) – COUPAR CONSULTANTS LIMITED
Appointment of Liquidators – FINANCIAL SECTOR CONSULTING LIMITED
Petitions to wind up (Companies) – BATEMAN THERMOTOOLING LIMITED
Petitions to wind up (Companies) – M T HAULAGE LTD
Appointment of Administrator – HAMON UK LIMITED
Appointment of Liquidators – THE BINFIELD BAKERY LIMITED
Petitions to wind up (Companies) – HORBROOKS CONSULTANCY LIMITED
Appointment of Liquidators – MOBILIZE APPS LTD
Petitions to wind up (Companies) – BNC TILES LTD
Petitions to wind up (Companies) – PASHA 164 LTD
Appointment of Liquidators – WP TECHNOLOGY (UK) LIMITED
Appointment of Liquidators – HIGGINSONS FAMILY HOLDINGS LIMITED
Petitions to wind up (Companies) – HEARTY SERVICES LIMITED
Appointment of Liquidators – GARRETT TRANSPORTATION SYSTEMS LTD
Petitions to wind up (Companies) – VENTURA SMART SOLUTIONS LTD
Petitions to wind up (Companies) – ECL GLOBAL LIMITED
Appointment of Administrator – CHESHUNT LAKESIDE DEVELOPMENTS LIMITED
Petitions to wind up (Companies) – WS VENTURE LIMITED
Appointment of Liquidators – KAPITAL VENTURES LIMITED
Appointment of Administrator – MICHAEL J. LONSDALE LIMITED
Appointment of Liquidators – ELDRIDGE MEDICAL SERVICES LIMITED
Appointment of Liquidators – TEMPOS TRAINING AND CONSULTING LTD
Petitions to wind up (Companies) – 4D CLEANING & MAINTENANCE LIMITED
Appointment of Liquidators – B F P CONTRACTORS LIMITED
Petitions to wind up (Companies) – ORYX AND CRAKE LIMITED
Petitions to wind up (Companies) – FOUR LANE ENDS SERVICE STATION LIMITED
Appointment of Liquidators – BROADWOOD HUTS LTD
Petitions to wind up (Companies) – FM SUPORT LTD
Appointment of Liquidators – DMU CONSULTING LIMITED
Petitions to wind up (Companies) – ROCE DEVELOPMENTS LIMITED
Appointment of Liquidators – W A PEATTIE FISHMERCHANTS LIMITED
Petitions to wind up (Companies) – CR SMITH PROJECT MANAGEMENT LTD
Appointment of Liquidators – HJ WARD AGRICULTURE LIMITED
Petitions to wind up (Companies) – RAMONJA LIMITED
Petitions to wind up (Companies) – INTERNET INNOVATORS LTD
Appointment of Administrator – MJL MIDLANDS LTD
Petitions to wind up (Companies) – GILLIAN ARNOLD LIMITED
Petitions to wind up (Companies) – CORNWALL BUNGALOW LTD
Petitions to wind up (Companies) – FLULHALPS NI LIMITED
Petitions to wind up (Companies) – ACS MANAGEMENT SERVICES LTD
Appointment of Liquidators – CHANTRY OLD RENOVATIONS LTD
Appointment of Liquidators – DENHOLM CONTRACTING LIMITED
Appointment of Liquidators – SJGB INVESTMENTS LIMITED
Petitions to wind up (Companies) – KJJM CONSTRUCTION LIMITED
Petitions to wind up (Companies) – FIDELITY COMPUTING SERVICES LTD
Appointment of Liquidators – PRINCES SECURITIES LIMITED
Appointment of Liquidators – THE XACT GROUP LIMITED
Petitions to wind up (Companies) – BLUE MOUNTAIN ADVISERS LIMITED
Petitions to wind up (Companies) – ECOMOCLAST LTD
Appointment of Liquidators – GMB PROJECT MANAGEMENT SERVICES LTD
Appointment of Liquidators – RAMUK LIMITED
Petitions to wind up (Companies) – LANGRUTH LTD
Petitions to wind up (Companies) – TOP TOUR TRADING LTD
Appointment of Liquidators – PAGG PROPERTIES LIMITED
Petitions to wind up (Companies) – POLES APART JOINERY LTD
Petitions to wind up (Companies) – RVR AUTO GROUP LIMITED
Appointment of Liquidators – WESTFIELD MILAN SHOPPING CENTRE GENERAL PARTNER LIMITED
Appointment of Administrator – ELITE SECURITY (NW) LIMITED
Petitions to wind up (Companies) – UGAVI CONSULTANCY LTD
Appointment of Liquidators – TRADEX INSTRUMENTS LIMITED
Appointment of Liquidators – SELECTION TRAINING LIMITED
Appointment of Liquidators – IRIS PBB LTD
Petitions to wind up (Companies) – NORTHWICK HOMES LIMITED
Petitions to wind up (Companies) – SETH LAW LIMITED
Petitions to wind up (Companies) – KESOM FREIGHT INTERNATIONAL LIMITED
Appointment of Liquidators – QLG FASHION UK LIMITED
Appointment of Liquidators – LYXOR ASSET MANAGEMENT UK LLP
Petitions to wind up (Companies) – CHAPTERS BAR LIMITED
Appointment of Liquidators – I FARM GLOBAL VALUE LIMITED
Appointment of Liquidators – JETSTONE CORPORATE SERVICES LIMITED
Petitions to wind up (Companies) – 1ST ELEVEN LIMITED
Petitions to wind up (Companies) – MAYFAIR REALTY LIMITED
Petitions to wind up (Companies) – CENTURY ENTERPRISE LIMITED
Petitions to wind up (Companies) – MARIGOLD HOUSING
Appointment of Liquidators – COMPLEX CLAIMS SOLUTIONS LTD
Appointment of Liquidators – BASILDON ROSE GARDENS LIMITED
Appointment of Liquidators – CHURCHFIELD CONSULTING LIMITED
Appointment of Liquidators – FRASER HEATH FINANCIAL MANAGEMENT LIMITED
Appointment of Liquidators – AUDIO ANALYTIC LIMITED
Petitions to wind up (Companies) – FREEDOM AND LIFESTYLE LIMITED
Appointment of Liquidators – TBSH HOLDINGS LIMITED
Saturday 7th October 2023
Petitions to wind up (Companies) – AUTO BODYWORK LTD
Petitions to wind up (Companies) – SKY HORIZONS CONSTRUCTION LTD
Appointment of Liquidators – BURGRAVE INVESTMENTS LIMITED
Petitions to wind up (Companies) – CORNWALL LASER CLINIC LTD
Appointment of Liquidators – R C CONSULTANCY SERVICES LIMITED
Appointment of Liquidators – DASH DOT DOT LIMITED
Petitions to wind up (Companies) – FIELDSTONE PRIVATE CAPITAL GROUP LIMITED
Appointment of Liquidators – TRINIDAD INVESTMENTS LIMITED
Appointment of Liquidators – HOUSE OF CALLOW LIMITED(THE)
Appointment of Liquidators – MATAKITE LTD
Petitions to wind up (Companies) – LP CONSTRUCTION LTD.
Appointment of Liquidators – TYNEWELL LTD
Petitions to wind up (Companies) – CLUBHOUSE BARS LIMITED
Appointment of Liquidators – MESCAL COMPUTER CONSULTANTS LIMITED
Appointment of Liquidators – E. SKINNS LIMITED
Petitions to wind up (Companies) – SUSAN’S TAVERN LTD
Petitions to wind up (Companies) – INCE & CO (SCOTLAND) LLP
Appointment of Liquidators – GAS VEHICLE ALLIANCE LIMITED
Appointment of Liquidators – MACH-TEC LIMITED
Petitions to wind up (Companies) – JON BELSHAW LTD
Appointment of Liquidators – CMD ELECTRICAL LIMITED
Appointment of Liquidators – W H P PROPERTIES LIMITED
Petitions to wind up (Companies) – PURVIN TRADING LIMITED
Appointment of Liquidators – EMB MANAGEMENT HOLDINGS LIMITED
Monday 9th October 2023
Appointment of Liquidators – CLARKEY PRODUCTIONS LIMITED
Appointment of Liquidators – FORTUNES CASINO SLOTS LIMITED
Appointment of Liquidators – STELVIO CAPITAL LIMITED
Appointment of Liquidators – AM & F LIMITED
Appointment of Liquidators – AC GLOBAL CONSULTING LIMITED
Petitions to wind up (Companies) – ZALL TAKEAWAY LIMITED
Appointment of Liquidators – THOMPSON PLACE PRODUCTIONS LIMITED
Petitions to wind up (Companies) – BETHNAL GREEN TRADING LTD
Appointment of Liquidators – ROBERT BOSCH INVESTMENT LIMITED
Appointment of Liquidators – C P INSTALLATIONS (MIDLANDS) LIMITED
Petitions to wind up (Companies) – TRATTORIA 51 WHITECHAPEL LTD
Petitions to wind up (Companies) – 346 LTD
Appointment of Administrator – HCC REALISATIONS 2023 LIMITED
Appointment of Liquidators – VISHAGATH CONSULTANCY LTD
Appointment of Liquidators – DAVID WEBB CONSULTING LTD
Petitions to wind up (Companies) – D-TECT-UK LTD
Appointment of Liquidators – WARNER BROS. PRODUCTIONS (BOULET) LIMITED
Appointment of Liquidators – G P ELECTRICAL ENGINEERING LIMITED
Appointment of Liquidators – CHEERYBLE DEVELOPMENTS LIMITED
Appointment of Liquidators – SOJITZ EUROPE PLC
Appointment of Liquidators – WORCESTER GROUP LIMITED
Appointment of Liquidators – ELITE SCAFFOLDING (SOUTH WEST) LIMITED
Appointment of Administrator – THE CHEESE MERCHANT LIMITED
Appointment of Liquidators – PROPERTY WISE FACILITIES MANAGEMENT LTD
Appointment of Liquidators – CORPORATE INSURANCE CONSULTANTS LIMITED
Appointment of Administrator – SCENT GLOBAL LTD
Tuesday 10th October 2023
Appointment of Liquidators – SUITE 30 LIMITED
Appointment of Liquidators – DENHOLM INDUSTRIAL SERVICES (HOLDINGS) LIMITED
Appointment of Liquidators – NAJBUN LIMITED
Appointment of Liquidators – I.F. (CONSULTANCY) LIMITED
Petitions to wind up (Companies) – BLACKARROW FINANCIAL SOLUTIONS LIMITED
Petitions to wind up (Companies) – ENZO’S (SHETTLESTON) LTD
Appointment of Liquidators – MDP PROJECT SERVICES LTD
Appointment of Liquidators – R CHUNG LIMITED
Appointment of Liquidators – MUSIC MATTERS INTERNATIONAL LIMITED
Appointment of Liquidators – BROOKSON (5704) LIMITED
Appointment of Liquidators – JO MATTHEWS LIMITED
Appointment of Liquidators – COBINARY LTD
Appointment of Liquidators – CYPRESS POINT SUPPLY LIMITED
Appointment of Liquidators – DR PHILIP RYAN MEDICAL CONSULTANCY LIMITED
Appointment of Liquidators – NOMAD SPACE SERVICES LTD
Appointment of Liquidators – SEYMOUR-TAYLOR CONSULTING LTD
Appointment of Liquidators – INCOTES LIMITED
Appointment of Liquidators – BUSINESS COMMUNICATIONS UK LIMITED
Appointment of Liquidators – STONELEIGH HOUSE (RESIDENTIAL HOME) LIMITED
Appointment of Liquidators – RUN INTERIORS LTD
Appointment of Liquidators – BOAM’S INDUSTRIAL TRANSPORT TRAINING SERVICES LIMITED
Appointment of Liquidators – HSBC INFRASTRUCTURE LIMITED
Appointment of Administrator – HOLESHOT MOTOCROSS LIMITED
Appointment of Liquidators – MN ACTUARIAL CONSULTING LIMITED
Appointment of Liquidators – ANTHIAS LTD
Appointment of Administrator – SHERWOOD OAK HOMES LIMITED
Appointment of Liquidators – NETWORKING IN SURREY LTD
Appointment of Liquidators – SJB ENTERPRISE SERVICES LTD
Appointment of Administrator – SHERWOOD OAK HOLDINGS LTD
Appointment of Liquidators – FSA PORTFOLIO ASSET LIMITED
Appointment of Liquidators – HEYBRIDGE SOLUTIONS LIMITED
Appointment of Liquidators – HOLCO MAN LIMITED
Petitions to wind up (Companies) – DENARO (UK) LIMITED
Appointment of Liquidators – MAN INVESTMENTS HOLDINGS LIMITED
Appointment of Liquidators – KITCHENER AND THOMAS LIMITED
Petitions to wind up (Companies) – LA PERLA (UK) LTD
Appointment of Liquidators – EYEWISE ASSOCIATES LTD
Appointment of Liquidators – BITZI ENTERTAINMENT LTD
Petitions to wind up (Companies) – SPECTRUM WHOLESALE LTD
Appointment of Liquidators – MOBIL TRADING AND SUPPLY LIMITED
Appointment of Liquidators – I.D. AND C. LIMITED
Appointment of Liquidators – N.D.G. GENERAL BUSINESS SERVICES LTD.
Appointment of Liquidators – NEATH PORT TALBOT WASTE MANAGEMENT CO. LTD.
Appointment of Liquidators – ROWLAND MAY LIMITED
Petitions to wind up (Companies) – BLUE TECH WHOLESALE LIMITED
Appointment of Administrator – JOHN DENT (CHEMISTS) LIMITED
Appointment of Liquidators – QUEMACO LIMITED
Appointment of Liquidators – INCOMAT LIMITED
Appointment of Liquidators – DEUTSCHE HOLDINGS NO.4 LIMITED
Petitions to wind up (Companies) – TIMEEA-TRANS LTD
Petitions to wind up (Companies) – TROPHY HOMES LIMITED
Petitions to wind up (Companies) – BARKERS OF SUFFOLK LIMITED
Appointment of Liquidators – LJ RICHARDSON LIMITED
Petitions to wind up (Companies) – AJAY HAULAGE LTD
Appointment of Liquidators – MARQUEE-EASY LIMITED
Petitions to wind up (Companies) – HERE TO HELP ESTATES LIMITED
Appointment of Liquidators – SGR SOLUTIONS LIMITED
Wednesday 11th October 2023
Appointment of Liquidators – VENTMED LIMITED
Appointment of Liquidators – MIFTON LIMITED
Appointment of Liquidators – PACE FINANCIAL MANAGEMENT LIMITED
Appointment of Administrator – FLOORS TO WALLS LTD
Appointment of Liquidators – PRAGMATTICK CONSULTING LIMITED
Appointment of Liquidators – FTF HOLDINGS LTD
Appointment of Administrator – PENDLE ENGINEERING LIMITED
Appointment of Administrator – FUTURE ENGINEERING RECRUITMENT LIMITED
Appointment of Liquidators – TS COMMERCIAL CONSULTING LIMITED
Appointment of Administrator – DA SPAGO LIMITED
Appointment of Liquidators – C L R K LIMITED
Appointment of Liquidators – SAI GLOBAL ASSURANCE LEARNING LIMITED
Petitions to wind up (Companies) – GODDINGTON PIERCE LIMITED
Appointment of Administrator – XYZ RAIL LIMITED
Appointment of Liquidators – ANDREWS ESTATE AGENTS (MIDLANDS) LIMITED
Petitions to wind up (Companies) – KOLEKTIVE VENTURES LTD
Appointment of Liquidators – ACKERMANN LIMITED
Appointment of Liquidators – OWNR UK LTD
Appointment of Liquidators – ROUND BOX SOLUTIONS LTD
Appointment of Liquidators – DOROTHY ANNE LIMITED
Appointment of Liquidators – WAREHOUSE PLANNING LABOUR LTD
Appointment of Liquidators – GLOBAL TRUST CERTIFICATION (UK) LIMITED
Appointment of Liquidators – FIRETIP IT LIMITED
Appointment of Liquidators – MD LEARNING SOLUTIONS LTD
Appointment of Liquidators – KGG TECHNOLOGY LIMITED
Appointment of Liquidators – OUTLINKS LIMITED
Appointment of Liquidators – WHITAKER CONSULTING LIMITED
Appointment of Liquidators – MINERVA TECHNICAL SOLUTIONS LIMITED
Appointment of Liquidators – VISARION LIMITED
Appointment of Liquidators – WYATT COMPANY (UK) LIMITED(THE)
Appointment of Liquidators – MOONWARE LIMITED
Petitions to wind up (Companies) – S12314A LTD
Petitions to wind up (Companies) – MCGUINNESS TRADING LTD
Appointment of Administrator – GATLEY FLUID POWER LIMITED
Appointment of Liquidators – ADRIENNE ANDERSON ASSOCIATES LIMITED
Appointment of Administrator – REPAIR MAINTENANCE & OVERHAUL LTD
Petitions to wind up (Companies) – GULAID HOUSE INC LIMITED
Appointment of Liquidators – EDMOND DE ROTHSCHILD PRIVATE MERCHANT BANKING LLP
Appointment of Liquidators – CREATIVE PROCESS SERVICES LTD
Appointment of Liquidators – MAVERICK CONTRACTING 73 LTD
Petitions to wind up (Companies) – LEMON BAR LIMITED
Petitions to wind up (Companies) – ELLMOLL BUILDERS LTD.
Appointment of Liquidators – DILLONS CHEMISTS LIMITED
Petitions to wind up (Companies) – PROPERTYTRADE LIMITED
Appointment of Liquidators – MIDDLE EARTH INVESTMENTS LIMITED
Appointment of Liquidators – CFLD (UK) INVESTMENT LIMITED
Petitions to wind up (Companies) – STRATHMORE SPECIALIST LANDSCAPING LIMITED
Appointment of Liquidators – TRUESCOPE LTD
Appointment of Liquidators – MADDOX PARTNERS LLP
Appointment of Liquidators – BOTTLEPAY LTD
Why should you become a CPA member!
The Credit Protection Association (CPA) has been assisting thousands of UK businesses to get paid, since 1914. We have seen many financial crises, this one will be particularly deadly for suppliers for some time to come.
CPA eases cash from tardy debtors – Efficiently, Effectively, Economically and Ethically. And we provide credit information so you can monitor and assess your key customers.
Unlike other credit management companies, we offer our members a fixed annual subscription regardless of how high the debt value maybe!
Just call Peter Uwins, CPA’s National Sales Manager, on 020 8846 0000 (business hours) or email nsm@cpa.co.uk today.
When you see your money come in, you will be so glad you used CPA.
The Credit Protection Association – Prompting Punctual Payments – Ethical, Effective, Efficient, Economical collections
Do you have a commercial late payer that is causing you grief? Use CPA’s no-win, no-fee, commercial debt recovery service!
If you have a particular business customer who is late paying and causing you sleepless nights, why not offer it to CPA for purchase on recourse?
CPA’s collection department will then pursue the debt. We will be liable for any costs incurred and then when we have recovered the debt, we will pay you the net principle debt recovered less our percentage.
Once you have enjoyed that success then you can consider the more cost effective membership which includes our Overdue Account Recovery service and Status/Credit reports as well as a range of other complimentary services.
Just call 020 8846 0000 and ask for Godfrey Nelson or Cris Shirley (business hours) or email debtpurchase@cpa.co.uk today.
The Credit Protection Association – Prompting Punctual Payments – Ethical, Effective, Efficient, Economical collections.
Get compensated for previous late payments
Have you been paid late by business customers in the last six years?
Maybe you no longer work with them. Under legislation, you are entitled to compensation you for those late payments you have suffered.
You put up with the PAIN – now claim the GAIN!
Claim late payment compensation (LPC) from former business customers who paid you late in the last six years!
CPA (LPC) Recoveries is using our bespoke software and decades of experience to do just that for our clients
Check our compensation calculator to see how much your business could be owed!
Discover NOW the potential value of late payment compensation hidden in your sales ledger!
The Credit Protection Association – Prompting Punctual Payments – Ethical, Effective, Efficient, Economical collections.