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22 Jul 2008
Eight times more companies are facing critical problems at the moment compared to the same time last year.
4,258 businesses are now facing winding-up petitions from creditors or county court judgments in excess of £5,000, compared with just 542 in the second quarter of 2007, Begbies Traynor found.
The firm's Red Flag alert also found that quarter-on-quarter, the number of companies facing critical problems increased by 29% the FT reported.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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