INSOLVENCY NEWS & INSIGHTS
We regularly update our blog to cover the latest in insolvency news and events. Keep checking back to stay up to date with the latest developments.
Current Fraud Trends
The National Fraud Authority publishes its Annual Fraud Indicator each year. In the latest version it estimates that fraud cost the UK economy £73 billion. This is broken down as £45.5 billion in the [...]
Fraud Review
To help your company assess its risk of fraud, Inquesta has developed a FREE Fraud Health Check. To complete the Fraud Health Check, go to https://inquesta.co.uk/services/risk-services/fraud-health-check/.
Mis-Selling of Interest Rate Swaps
An interest rate swap enables the banks to exchange fixed rate interest for variable rate interest over a set period of time. A company typically uses interest rate swaps to limit or manage its [...]
Free eBook: A Guide to Putting a Business into Liquidation
If you believe your business may be in distress, understanding the warning signs early is essential to securing the best possible outcome. In our free guide, we explore the process of putting a business into liquidation, what options you have when it comes to insolvency, the impact liquidation has on stakeholders, and much more.
Free Insolvency Heath Check
Every Tuesday afternoon from 2pm until 5pm we are running a free insolvency advice clinic at our office in Manchester. Specialisms include:- Administrations (including Pre Pack) Liquidations Company and Individual Voluntary Arrangements Bankruptcy To [...]
Technical Reminder – ESC- C16
For those companies on the opposite end being zombie the withdrawal of the extra statutory concession c16 means that any company who wants to make a capital distribution in excess of £25,000 needs to [...]
What Are Pre-Packs?
A pre-pack sale is when the assets of an insolvent business have been substantially agreed for sale to a company which is either operated by the same directors, shareholders or a third party prior [...]