saw its shares go up 5% after issuing a detailed trading update following an
unexpected profit warning.
last week, from Accuma and Debt Free Direct, shook Aim-listed companies dealing
with personal insolvencies, causing their shares to plunge.
Accuma shares, which stood at 222%p last week, fell nearly 60% when it said
the UK’s biggest banks were becoming reluctant to approve insolvency agreements
and that it had suffered from a ‘poorly executed’ marketing strategy, the
Accuma revealed yesterday that approval rates for individual voluntary
(IVAs) dropped from 94% to 78% towards the end of 2006.
The company yesterday sought to reassure the market that in early 2007
approval rates had returned to about 85%.
Report argues that the government must change the way it makes tax and budget decisions
Drastically fewer offices for HMRC in the hope to reduce their running costs
Tayabali Tomlin and d&t directors launch £20 a month TaxGo service, aiming to be the 'biggest UK firm' by client numbers
Companies must report on their complex financial structures including offshore accounts and notify HMRC