UK debt collections

MAY 4, 2022

Businesses in significant financial distress are down 20% on the level a year ago at 581,596, though this is flat on the previous quarter. The data points to a forthcoming wave of business failures as the economy adjusts to the post-pandemic reality with Covid reliefs cut off and rapid growth in inflation.

Government 82

Government Construction Loans Creditors 82

UK debt collections

JANUARY 25, 2021

Around 630,000 businesses were experiencing significant financial distress in the last quarter of 2020, ahead of the current lockdown, according to research by the restructuring firm Begbies Traynor. Construction businesses have also seen an impact, despite activity being able to continue during lockdowns.

Construction 93

Construction Financial services Government Trade 93

UK debt collections

AUGUST 16, 2022

The number of businesses in critical distress has increased by 37% in the past year. The latest Begbies Traynor Red Flag Alert report has revealed the financial strain continuing to be faced by thousands of British businesses. Sectors with the highest number of critically distressed businesses: Construction. Support Services.

Manufacturing 96

Manufacturing Retail Government Construction 96

UK debt collections

MAY 16, 2022

Business CCJs in Scotland saw a fifty two per cent (52%) increase in decrees and judgments against them in the first quarter of 2022. However, while the number of consumer judgments fell, there was a significant rise in county court judgments (CCJs) and Scottish decrees against businesses. to more than £8m.

Judgment 111

Judgment 111

UK debt collections

JANUARY 26, 2023

Business CCJ’s have doubled in the last quarter says the latest Red Flag Report from Begbies Traynor. Latest data has laid bare the struggles facing UK business during the current economic crisis. 610,405 business rated as being in “significant” financial distress in Q4 2022.

Construction 94

Construction Manufacturing Creditors Government 94

UK debt collections

AUGUST 5, 2020

The number of County Court Judgments registered against businesses England and Wales has fallen by nearly 30 percent compared with last year. The number of CCJs against businesses fell from 65,724 in the first half of 2019 to 46,117 for the same period in 2020. The total value of business judgments fell less, by 18.5

Judgment 69

Judgment Government Collections 69