The swathes of companies going bust in the UK show no signs of slowing down as company insolvencies increase 16% in England & Wales and 21% higher in Scotland. March corporate insolvency figures shows 2,457 businesses entered liquidation or administration in England & Wales. This is 16% higher compared to last year and even higher …
More Companies Continue To Fail Due To Insolvency Read More »
Having to contact a business debt recovery specialist for the first time can be daunting for many businesses. The pressure unpaid invoices place on businesses is huge with 440,000 businesses at risk of going bust due to the late payment crisis crippling UK firms, leaving many with no choice but to seek help with business …
Business Debt Recovery Frequently Asked Questions Read More »
The commercial debt recovery process might sound complicated and even daunting if you have never used a debt recovery partner to help you recover commercial debt. We understand this and our simple process is what makes Darcey Quigley & Co’s approach to debt recovery different. The commercial debt recovery process doesn’t need to be difficult …
How Our Process Is 5x Quicker Than Using A Solicitor Read More »
As we enter the new 2023/24 tax year with a host of changes to the way we do things, are you prepared? You see, it’s not only changes to tax that we need to be aware of. The end of the current financial year gives us the opportunity to tie up loose ends with our …
Is Your Business Ready For The New 2023/24 Tax Year? Read More »
The head of the International Monetary Fund has warned of the threat to the global economy after a swathe of banks recently collapsed. The world economy has faced extreme pressure over the past three years with the effects of the Covid-19 pandemic still lingering, the war in Ukraine still sending a ripple effect across global …
2023 Banking Crisis Threatens Global Financial Stability Read More »
A debt recovery agency is a lifeline to many businesses. With late payments for small businesses hitting a two-year high and against the backdrop of soaring company insolvencies there’s never been a more critical time for businesses to successfully recover their unpaid invoices. As a business there are a few things to weigh up …
How A Debt Recovery Agency Can Get Your Invoices Paid Faster Read More »
The total number of company insolvencies registered in England, Scotland & Wales in 2022 was 23,180 — the highest since 2009 and 56 per cent higher than 2021. According to research, over 100 firms in the construction sector could collapse each week. The construction industry is being decimated by bad debt, currently sitting at approximately …
UK Construction Industry At Risk of Failing At Fastest Rate Since Financial Crisis Read More »
The huge swathe of corporate insolvencies we seen throughout 2022 are continuing to wreak havoc for businesses across the UK. The Office for National Statistics (ONS) have just released the monthly insolvency statistics for December 2022 and they make for some stark reading, with the number of corporate insolvencies recorded for the month across England, …
The Armageddon of corporate insolvencies we’ve witnessed all year shows no sign of slowing down, after some frightening statistics were shared from the month of November. 2,029 company insolvencies were registered in England and Wales last month, an increase of 21% year on year and 35% higher than pre-pandemic levels! The scene in Scotland paints …
The number of overdue invoices in Scotland hit a 2022 high between August and October this year with more than 100,000 companies failing to pay on time. An analysis of Creditsafe data has revealed 593,114 invoices in Scotland went unpaid past their deadline, 13,941 (2.4%) more than September’s figure of 579,173. It is not just …
Number of Overdue Invoices Hit A Record High in Scotland Read More »
