Thu, 08 Jul 2010 | ADMINISTRATION
New research from PriceWaterhouseCoopers has revealed that corporate insolvencies are on the decline.
The firm found that the number of businesses to become insolvent has fallen by 21 per cent in the second quarter of 2010 when compared to the first quarter. Construction and manufacturing both saw a significant drop in insolvencies of 24 per cent and 37 per cent respectively. When compared with the same period last year, total insolvencies have dropped by 28 per cent.
“Businesses are starting to look at other options before insolvency is used as a last resort,” said Mike Jervis, partner in business recovery services at PwC.
A parcel delivery firm based in the North West had fallen into administration and ceased trading, with administrators now seeking to sell the company’s assets, including its fleet of vehicles and leasehold property. An auction of the vehicle fleet...
Prime coastal development opportunity with full planning permission is available for sale. Total site area approx. 0.88 acres (0.36 hectares). Full Planning Permission for 19 apartments across two blocks with basement parking. The deadline for off...
This vibrant and rapidly growing online business specialises in British craft beer gift hampers, tapping into both D2C and B2B marketplaces, making it an ideal investment for those looking to capitalise on the thriving gift industry. With a streamlin...
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