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Industry > Trends


Average SME trade debt reaches £1.3m

UK SMEs are burdened with an average trade debt of £1.3m, putting the most vulnerable at serious risk, according to research from online debt recovery law firm Debt Guard Solicitors. Read full story


Director ban increase: tougher action by Insolvency Service

The number of directors being disqualified in England, Wales and Scotland has increased by 25% since last year. Read full story


1 in 5 to struggle with interest rate rises

As many as one in five UK businesses would face financial difficulty should a one percentage point rise in interest rates occur by the end of 2015, says insolvency trade body R3. Read full story


1,300 insolvent retailers in 2013

The number of retailers entering insolvency reached a five-year high in 2013, according to research from accountancy firm Wilkins Kennedy. Read full story


Care home insolvencies fall in 2013

The number of UK care homes that entered insolvency fell by 24% in 2013, according to research from accountancy firm Wilkins Kennedy. Read full story


County court judgements drop to new quarterly low

The number of county court judgements (CCJs) against businesses in England and Wales reached a new low during the first three months of 2014. Read full story


Liquidations jump in Q1

The number of compulsory liquidations in England and Wales increased by 53.1% during the first quarter of 2014, compared with the previous quarter. Read full story


Scottish corporate failure spikes

The level of corporate insolvency in Scotland has jumped by 70.6% year-on-year during the first quarter of 2014. Read full story


Recovery on horizon as financial distress drops

The level of businesses experiencing financial distress has decreased 7% year-on-year, signalling the possible arrival of an economic recovery. Read full story


Late payments a cause for concern

Late payments by customers for goods and services are responsible for 20% of insolvency events, according to research from trade body R3. Read full story


Banking group pledges additional £1bn to SMEs in 2014

Lloyds Banking Group has revealed it is to increase its net lending to small and medium-sized enterprises (SMEs) in the UK by £1bn this year. Read full story


One in four care homes face risk of financial failure

New research into the UK care home sector has found that almost one in four care home companies are financially “vulnerable”. Read full story


Insolvency Service focused on “low hanging fruit”

Cuts to the budget of the Insolvency Service have resulted in the agency focusing on “easy” cases and “low hanging fruit” involving overdue debts to HMRC, according to law firm Hugh James LLP. Read full story


Corporate liquidations down 7%

The number of overall corporate liquidations in England and Wales dropped 7.4% during the fourth quarter of 2013, compared with the previous quarter. Read full story


Personal insolvency decrease to continue

The level of personal insolvency in the UK is expected to have decreased in Q4 2013, according to research released ahead of tomorrow’s official statistics from The Insolvency Service. Read full story


Zombie cull progressing says R3

The level of UK ‘zombie’ firms is starting to drop in line with economic recovery, according to the latest research from insolvency trade body R3. Read full story


Seasonal boost for financially distressed businesses

Levels of ‘critical’ financial distress among UK businesses dropped 1% at the end of 2013 boosted by the Christmas period, according to the most recent Red Flag Alert issued by Begbies Traynor. Read full story


Turnaround professionals call for transparency

In the wake of the Tomlinson Report, top European turnaround experts have put emphasis on the need for professional independence and transparency when dealing with distressed businesses. Read full story


SMEs looking forward to 2014

SME owners are approaching 2014 with optimism following strong economic performances in 2013, according to new research from independent business funder, Bibby Financial Services. Read full story


Retail administrations fall in 2013

The number of retail companies entering administration fell 6% in 2013 compared with 2012, according to new research from Deloitte. Read full story