A new report by Dun & Bradstreet found 17% or 20,000 young businesses formed in the last 5 years face a higher risk of insolvency before June next year compared to just 3% for established companies. Continue reading
Tag Archives: companies in liquidation
Total Insolvency Appointments up 28% in 2008
Total corporate insolvency appointments rose 28% from 11,046 in 2007 to 14,173 in 2008.
Year               Insolvency Appointents
| 2008 | Â 14173 |
| 2007 | 11046 |
| 2006 | 12486 |
| 2005 | 11758 |
| 2004 | 10823 |
| 2003 | 10191 |
| 2002 | 10220 |
| 2001 | 10504 |
Clearly, the global financial crisis is affecting the number of insolvency appointments and it is expected that 2009 will see a further increase in the number of total insolvencies.
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Liquidation: a guide for employees
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If a company is in financial difficulty, its shareholders, creditors or the court can put the company into liquidation. Continue reading
Liquidation: a guide for creditors
If a company is in financial difficulty, its shareholders, creditors or the court can put the company into liquidation. Continue reading
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