Company Administration Archives - Umbrella.uk Insolvency. Company closure and business rescue and recovery experts.

16th November 2023

Navigating the Rising Tide of Insolvencies: Insights from Tom Fox

In the current economic landscape, a concerning trend is unfolding as the number of businesses facing insolvency rises, potentially steadily reaching levels not seen since the financial crisis of 2009. Over the last three months […]

5th February 2021

15% of businesses risk closure before April

Almost 15% of UK businesses are at risk of permanent closure before the start of April, according to the Office for National Statistics. The Business Impacts of Coronavirus Survey (BICS) is conducted every fortnight and […]

7th August 2020

Gusto Latest Restaurant Chain to Secure CVA

7th August 2020

More than three-quarters of UK hospitality firms could go bust

More than three-quarters of UK hospitality businesses are at risk of insolvency within 12 months according to a leading trade body. A survey from UK Hospitality showed that social distancing measures and local lockdowns were […]

30th July 2019

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30th July 2019

Company Administrations Fall In Second Quarter

Despite a number of high-profile insolvencies hitting the headlines, new research shows that the number of company administrations in England fell 14% in the second quarter of the year. KPMG’s study of administration notices in […]