FRC mulls BHS investigation

Business Recovery FRC mulls BHS investigation

8y Richard Crump, Writer

FRC mulls BHS investigation

FRC looks into events at BHS following pressure from MPs to scrutinise directors and advisers involved in sale of department store prior to its collap...

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Full-time for Lancashire-based sports firm as 47 staff axed

More News Full-time for Lancashire-based sports firm as 47 staff axed

8y Chris Warmoll, Writer

Full-time for Lancashire-based sports firm as 47 s...

The Lancashire-based company ceased trading last week with 47 of its 52 staff made redundant Read More...

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Leonard Curtis appointed administrator to digital music firm Omnifone

Company News Leonard Curtis appointed administrator to digital music firm Omnifone

8y Chris Warmoll, Writer

Leonard Curtis appointed administrator to digital ...

Some 120 staff were employed by the company with 50 retained to continue business operations during that process Read More...

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Interview: R3 president Andrew Tate

Business Recovery Interview: R3 president Andrew Tate

8y Chris Warmoll, Writer

Interview: R3 president Andrew Tate

Suggestion R3 has 'rolled over' in face of government pressure is false, incoming president Andrew Tate tells Accountancy Age Read More...

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Grant Thornton signs insolvency portfolio financing deal

More News Grant Thornton signs insolvency portfolio financing deal

8y Chris Warmoll, Writer

Grant Thornton signs insolvency portfolio financin...

The deal will provide financing across a range of cases, including defence and declaratory matters Read More...

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Insolvency Service to probe BHS director behaviour

Business Recovery Insolvency Service to probe BHS director behaviour

8y Chris Warmoll, Writer

Insolvency Service to probe BHS director behaviour

The fast-track move is a bold departure from the norm, as a probe would normally only begin several months after administrators had finished their own...

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CVR Global joins Geneva Group International

Accounting Firms CVR Global joins Geneva Group International

8y Chris Warmoll, Writer

CVR Global joins Geneva Group International

GGI's netwrok has more than 500 members and 700 member offices worldwide Read More...

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Company insolvencies rise, but wider trend is down

More News Company insolvencies rise, but wider trend is down

8y Chris Warmoll, Writer

Company insolvencies rise, but wider trend is down

The 5.4% rise is the first uptick since Q1 2014, primarily caused by a big surge in compulsory winding-up orders in Q1 2016 Read More...

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PwC appointed to Private Eye printer, Polestar

More News PwC appointed to Private Eye printer, Polestar

8y Chris Warmoll, Writer

PwC appointed to Private Eye printer, Polestar

Polestar, which prints over 50m products a week, is the latest big employer to fall on hard times in the same week as Austin Reed and BHS collapsed in...

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MPs launch probe into BHS sale

Business Recovery MPs launch probe into BHS sale

8y Richard Crump, Writer

MPs launch probe into BHS sale

MPs launch probe into the sale of BHS that will look at role of auditors and accountancy firms in sale process Read More...

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Scottish insolvency levels continue long-term decline

Business Recovery Scottish insolvency levels continue long-term decline

8y Chris Warmoll, Writer

Scottish insolvency levels continue long-term decl...

Out of a dozen sectors profiled only oil and gas and manufacturing were deemed to have a higher than normal risk of insolvency Read More...

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Colin: Austin Reed's 'tailored' administration

Business Recovery Colin: Austin Reed's 'tailored' administration

8y Taking Stock

Colin: Austin Reed's 'tailored' administration

Colin envisions how the Austin Reed administration is unfolding behind closed doors Read More...

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AlixPartners appointed administrators at Austin Reed

Accounting Firms AlixPartners appointed administrators at Austin Reed

8y Richard Crump, Writer

AlixPartners appointed administrators at Austin Re...

Peter Saville, Kevin Coates and Catherine Williamson, of AlixPartners, appointed joint administrators of Austin Reed Read More...

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Quantuma appointed administrators at S J Bellows Nurseries

Accounting Firms Quantuma appointed administrators at S J Bellows Nurseries

8y Richard Crump, Writer

Quantuma appointed administrators at S J Bellows N...

Simon Campbell and Carl Jackson of Quantuma appointed as joint administrators to S J Bellows Nurseries Limited Read More...

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Politicians call for probe into Green and BHS sale

Accounting Firms Politicians call for probe into Green and BHS sale

8y Chris Warmoll, Writer

Politicians call for probe into Green and BHS sale

Green sold BHS to Retail Acquisitions – led by a former bankrupt a - for £1, when it was saddled with debts over £1bn in debts and a £571m pension def...

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Care home insolvencies up 18% in a year

Accounting Firms Care home insolvencies up 18% in a year

8y Chris Warmoll, Writer

Care home insolvencies up 18% in a year

Local authority spending on care homes continues to fall, as government subsidies are slashed with estimates suggesting a £2.9bn annual funding gap in...

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Colin: 'British Homeless Stores'

Business Recovery Colin: 'British Homeless Stores'

8y Taking Stock

Colin: 'British Homeless Stores'

Colin explains why accounting and marketing are very different skills... Read More...

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Leslie named as IPA president

Accounting Standards Leslie named as IPA president

8y Chris Warmoll, Writer

Leslie named as IPA president

Leslie has already served as a director on the IPA governing board which is responsible for the management, policy and strategic direction of the orga...

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Duff & Phelps appointed administrator to struggling BHS

Accounting Firms Duff & Phelps appointed administrator to struggling BHS

8y Chris Warmoll, Writer

Duff & Phelps appointed administrator to strugglin...

BHS owners suggests Phil Duffy, a managing director at Duff & Phelps, has been appointed as administrator Read More...

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Administrations fall as economic conditions ease pressure on business

Accounting Firms Administrations fall as economic conditions ease pressure on business

8y Richard Crump, Writer

Administrations fall as economic conditions ease p...

Analysis by KPMG indicates that the number of companies entering administration has fallen during the first quarter of 2016 Read More...

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Deloitte sells PowaPOS out of administration to Israeli security firm

Accounting Firms Deloitte sells PowaPOS out of administration to Israeli security firm

8y Chris Warmoll, Writer

Deloitte sells PowaPOS out of administration to Is...

PowaPOS has been bought out of administration by Israeli security outfit, SuperCom Ltd Read More...

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Solvency and liquidity queries tackled in FRC going concern guidance

Accounting Standards Solvency and liquidity queries tackled in FRC going concern guidance

8y Calum Fuller, Reporter

Solvency and liquidity queries tackled in FRC goin...

FRC guidance makes clear requirements relating to going concern and solvency and liquidity risk Read More...

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Devon firm saved from administration in connected party pre-pack deal

Accounting Firms Devon firm saved from administration in connected party pre-pack deal

8y Fraser Simpson, Reporter

Devon firm saved from administration in connected ...

MG Associates purchased by London accountancy firm in pre-pack deal, after being involved in “extensive litigation” for a number of years Read More...

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Supermarket pressure on food producers leads to insolvency levels tripling in five years

Accounting Firms Supermarket pressure on food producers leads to insolvency levels tripling in five years

8y Chris Warmoll, Writer

Supermarket pressure on food producers leads to in...

Profit margins squeezed by big supermarket chains trying to offer consumers low prices while maintaining own profit margins, says Moore Stephens Read...

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Sun goes down on solar installer as 34 jobs lost in insolvency

Accounting Firms Sun goes down on solar installer as 34 jobs lost in insolvency

8y Chris Warmoll, Writer

Sun goes down on solar installer as 34 jobs lost i...

CVR Global were appointed in March after the struggling company ammassed around £1m debts Read More...

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The Pre Pack Pool: problem-prone, time-consuming, costly and pointless

Business Recovery The Pre Pack Pool: problem-prone, time-consuming, costly and pointless

8y Accountancy Age

The Pre Pack Pool: problem-prone, time-consuming, ...

Business recovery and reconstruction specialist Suzanne Jones has recently sought an opinion from the Pre-Pack Pool, one of just five applications mad...

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FRP Advisory company sale secures 28 jobs

Accounting Firms FRP Advisory company sale secures 28 jobs

8y Chris Warmoll, Writer

FRP Advisory company sale secures 28 jobs

JOINT ADMINISTRATORS from FRP Advisory have sold the business and assets of Northampton-based The Bridge Networks North Limited out of administration ...

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