Late payment problems lead to redundancies at electrical & mechanical contractor

credit management
Late payment problems lead to redundancies at electrical and mechancial contractor. 31st May 2019. Late payment problems have lead to redundancies at Star Services (Southern). The Wiltshire based Mechanical & Electrical services specialist, Star Services (Southern) has made the “majority”
Read more

Jamie Oliver restaurant chain collapses into administration: updated 28/5/19.

Business
Jamie Oliver restaurant chain collapses into administration. Updated 28/5/19. James Salmon, Director, 21/05/2019 – updated 28/5/19. More than 1,000 jobs are at risk after the restaurant chain of celebrity chef Jamie Oliver collapsed into administration. Jamie’s Italian has appointed KPMG
Read more

Thomas Cook secures extra funding as financial woes worsen

Business
Thomas Cook secures extra funding as financial woes worsen. 22/05/2019. see our latest post from September 2019 – Thomas cook collapses Thomas Cook has secured £300m of extra funding to tackle mounting debts and is reportedly seeking a sale of
Read more

Cotswold Outdoor has CVA application approved

Business
Cotswold Outdoor has CVA application approved. 14th May 2019. The group behind Cotswold Outdoor, Outdoor and Cycle Concepts (O&CC), is moving forward with a CVA after creditors backed a plan that will see stores close and applications for rent reductions
Read more

Small business insolvencies on the rise

credit management
Small business insolvencies on the rise. 14/05/2019. Small businesses are increasingly struggling to survive amid challenges caused by difficult market conditions and late payments. New statistics from the Insolvency Service reveal that 4,187 small and medium-sized enterprises became insolvent between
Read more

Ready to speak to an advisor?

For help or advice on credit management, entirely without obligation.
Call us today

020 8846 0000