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

12th September 2024

A Business Owner’s Guide to Protecting Personal Assets During Corporate Insolvency

Insights from Tom Fox, Head of Insolvency and Licensed Insolvency Practitioner at Umbrella.UK Insolvency “Running a business comes with plenty of highs and lows. But when the lows hit harder than expected, and insolvency becomes […]

12th February 2021

Number of UK-listed companies at risk of insolvency doubles

The number of companies listed on the UK stock market at risk of insolvency has doubled in the last 12 months according to an analysis of profit warnings by EY. Coronavirus restrictions contributed to a […]

27th March 2019

Macclesfield Town and Bolton Wanderers Avoid Winding Up Orders

Two north west football clubs have narrowly avoided winding up orders, following an appearance at the High Court in London recently. League Two side Macclesfield Town settled some outstanding debts and agreed repayment terms with […]

19th March 2019

The New Accounting Watchdog Has More Power to Hold Company Directors to Account

The Financial Reporting Council (FRC) will be scrapped and replaced with a tough new regulator for accountancy firms, the government has announced. Last year, an independent review of the FRC, led by Sir John Kingman, […]

7th March 2019

Manchester Giraffe Restaurants Risk CVA Closure

The parent company of two of Manchester and Cheshire’s best-loved chain restaurants is pursuing a Company Voluntary Arrangement (CVA) that puts eateries and jobs at risk. Giraffe restaurants in the Trafford Centre and Manchester Airport […]

22nd January 2019

Paperchase Seeks CVA Advice Sparking Store Closure Concerns

Upmarket stationary retailer Paperchase has reportedly called in advisers to explore a potential Company Voluntary Arrangement (CVA) that would help the company cut costs. The Telegraph reports that the chain, which has outlets across Greater […]

10th September 2018

Rising costs and stiff competition has already lead to Prezzo, Carluccio’s, Byron Burgers and Jamie’s Italian seeking CVA deals.

10th September 2018

Gourmet Burger Kitchen Considering CVA

Gourmet Burger Kitchen is just the latest restaurant chain to hire restructuring advisers and is reported to be looking into new rent agreements and restaurant closures, which could result in a Company Voluntary Arrangement (CVA) […]

9th January 2018

HMRC bans credit card tax payments before tax deadline

HM Revenue & Customs is set to ban taxpayers from using a personal credit card to pay their tax bill from January 13, less than three weeks before the January 31 deadline for 2016-17 payments. […]