Licensed and accredited insolvency experts. Business recovery, made easy. [email protected] 0800 074 6757
London, UK
Joined November 2011
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📈 The latest insolvency statistics for the UK show a 24% increase in company insolvencies compared to January 2022, likely due to the ongoing economic challenges caused by COVID-19.
#insolvency #UKeconomy #COVID19 #economicupdates
gov.uk/government/statistics…
📅Late payments can be a major problem for small businesses, especially if they rely on the timely payment of invoices to keep their operations running smoothly.
gov.uk/government/publicatio…
#Business Insolvencies were 21% higher this November compared to last year.
A pattern which confirms the challenges businesses are facing and are about to face this year, dealing with a beam of crises (Energy; #Inflation; Pandemic aftermath...)
#SmallBiz #Finance #Money
#Christmas postal strikes could have dire consequences on small businesses across the country.
standard.co.uk/business/roya…
#SmallBiz #RoyalMail #Strike
❓With more than 20 platforms to choose from, picking the right accounting software for your small #business requires a little bit of browsing. The good news is that we’ve done the research so you don’t have to.
companydebt.com/best-account…
#SmallBiz #Accouting #Money #CashFlow
📉Data by ICAEW shows employer confidence has dramatically decreased all year and is reaching levels observed in the thick of the #pandemic.
📦So, how will this trust deficit translate on the #labour market?
companydebt.com/articles/why…
#SmallBiz #Inflation #Business
⚠️Prepare for upcoming changes to #VAT penalties and VAT #interest charges⚠️
From January 1st, 2023, the default surcharge will be replaced by new #penalties if you submit VAT returns late or pay VAT late.
gov.uk/guidance/prepare-for-…
❌Can’t Pay Corporation Tax? What are the Options?
🪙Problems paying corporation tax usually indicate that there has been a significant downturn in your business or you have a cash flow problem.
Read More Here companydebt.com/hmrc-tax-pro…
🔊Are Open-Plan #Offices a Good Idea?
The more disruptive noise present in a #workplace, the more #workers experience #stress.
A study by Steelcase and Ipsos concluded that sound distractions cost #businesses with open-plan offices 86 minutes of productivity per day 🤯
📉 Business Confidence is Going Back Down
🔴 After several months of rising confidence due to post #covid recovery, cost of living and #energy crises are taking their toll on the #economy, with fewer and fewer employers being serene about 2023
More Here companydebt.com/articles/why…
❗More #Employers Planning to make #Redundancies Next Year
🗓️ A recent report by CIPD and KPMG predicts spiking redundancies from #UK employers, with 26 % of them having contingency plans to make further redundancies within 12 months.
companydebt.com/articles/why…
🔍Why are 40% More People Googling ‘#Redundancy’in November 2022?
📈As so often, major #economic trends in the labour market can be observed upstream, and in particular on #Google.
companydebt.com/articles/why…
💵How to Solve your Business #CashFlow Problems
Main Causes of Cash Flow Problems
〰️ Seasonal fluctuations in #sales
📋A failure to send #invoices out and collect customer payments on time
👨An over-reliance on a small number of #customers
[...]
companydebt.com/company-cash…
🔋Can’t Pay #Business #Energy?
If your business can’t pay its energy bills, you have various options. But you’ll need to proceed carefully, as a failure to pay #bills when due is one indicator of potential #insolvency.
companydebt.com/cant-pay-bus…
📈How To Increase #Happiness and #Productivity in the #Workplace?
👔A recent poll concluded that a mere 15% of global workers actually like their job.
companydebt.com/how-to-incre…
😱Managing #Debt-Related #Stress
The stress created by work-related debt can be overwhelming. It is common to report #anxiety, overwhelm, and #depression when worrying persistently about #money.
🆘Below are a range of places where you can seek #help..
companydebt.com/managing-deb…
🌡️How is Your #Business Going to be Affected by #ClimateChange & What Should You Do to Prepare?
companydebt.com/how-is-your-…
UK Insolvencies are up 38% compared to last year
📈Successive Government support schemes didn’t succeed to stem the post-pandemic #insolvency wave as the energy crisis went piling up on #SMEs troubles at the beginning of the year
gov.uk/government/statistics…
#Business #SmallBiz
❌Can’t Pay Business #Rent or your Commercial #Lease?
🔃 Negotiating with Your #Landlord
🔚Ending a Commercial #Property Lease Early
👴🏻What Can a Business Landlord do if You Don’t Pay Your Commercial Lease?
⚖️Options for a Business Which Can’t Pay Rent
companydebt.com/cant-pay-a-c…
🔋Is your #Business Struggling to Pay #EnergyBills?
UK Small Businesses have taken a hit in the last years: the #pandemic and the successives cost-of-living crises have put thousands of them in difficulty.
companydebt.com/free-resourc…