The number of insolvency-related activities in the North West fell to an eight-month low in September, according to new research from R3, the UK’s insolvency and restructuring trade body.
PAR Group was advised by Beever and Struthers, led by corporate finance director Dean Curtis and supported by corporate finance manager Patrick Wilson.
HMRC have reported they are issuing letters to those with income over £200,000 in 2021/22, and more letters for £100,000+ earners may follow for 2022/23.
North West firms had over 1.7 million overdue invoices on their books this summer, according to new research from R3, the UK’s insolvency and restructuring trade body.
In July 2024, corporate insolvencies in England and Wales fell by 7.3% from June but rose 15.9% year-on-year, while personal insolvencies saw a slight 0.2% decrease. Despite the monthly drop, corporate insolvencies remain high, highlighting ongoing financial pressures.
Over 43,000 start-ups were launched in the North West in the first six months of 2024, according to new research from R3, the UK’s insolvency and restructuring trade body.
Disrupting industries and redefining norms.
North West liquidation debt levels rise by more than two-thirds, R3 research shows.
R3 in the North West responds to the April 2024 insolvency statistics.
Plastic and Rubber Group (PAR), which ranked as the 10th most profitable SME in this magazine's most recent Hot 100 rankings, has been acquired by a fellow Lancashire business.
In a major survey, HLB assesses the mood of business leaders worldwide every year. As part of the company's fifth annual survey, HLB asked the leaders about various factors with some interesting results. So, how are these leaders navigating changes in the international business landscape? Furthermore, how quickly can they adapt to new technologies (including AI)?
Business leaders are navigating a complex maze of challenges, from inflation to rising geopolitical tensions and the energy crises. At HLB Global, we are keen to help these leaders deal with such challenges and conduct an annual survey to gauge the current sentiment.
