Directors of troubled companies must fulfil their duties to the letter of the law and be able to prove it or face personal liabilities, potential disqualification or even prosecution, warns an insolvency specialist.
R3 Southern & Thames Valley- Insolvency-related activity down slightly
Neil Stewart, chair of R3’s Southern and Thames Valley region, has responded to latest Creditsafe figures
R3 Southern and Thames Valley responds to June 2023 insolvency statistics
R3 Southern and Thames Valley responds to June 2023 insolvency statistics
Corporate insolvencies hit post-pandemic high
Businesses in the South and Thames Valley are being warned to keep watch for signs of financial distress after corporate insolvencies hit a post pandemic high. R3, the insolvency and restructuring trade body, called for vigilance after its analysis of the latest statistics from The Insolvency Service. There were a total of 2,457 corporate insolvencies in England and Wales in … Read More
R3 Southern & Thames Valley: Insolvency activity rises
Insolvency related activity has jumped back up in the South East after a dip at the start of 2023, according to new figures
R3 Southern & Thames Valley: Start-ups set pace in 2023
The number of start-ups took a surprise leap at the beginning of 2023 in the South East, according to R3, the insolvency and restructuring trade body.
R3 responds to 2022 insolvency figures
Corporate insolvencies hit a 13 year high in 2022 as the ‘dam burst’ following the Covid pandemic.
R3 responds to the November 2022 insolvency statistics
Corporate insolvencies have reached their second highest level since before the pandemic.
R3 Southern and Thames Valley responds to July 2022 insolvency statistics
Corporate insolvencies have shot up by more than two thirds compared to last year and are at their highest level in three months, says R3.
Start-up and insolvency data revealed for South East
Nearly 17,000 new businesses launched in the second quarter of 2022 in the South East, according to the R3 insolvency trade body.
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