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January sees 96 companies declared insolvent

96 companies were declared insolvent in January, but figures show that this is a 13% drop on January 2010.

With statistics from reporting that more than three companies a day went out of business last month, it does look as though the economy is not quite out of the woods yet. (more…)

Category : Corporate Insolvency — Tags: , , , — admin @ 10:17 am February 2, 2011

Corporate insolvency figures for 2010 not realistic reflection of what is happening

There has been much discussion regarding the possibility of a double dip recession.

It is believed that 2011 will see record levels of corporate insolvency and that the figures due to be published on Friday will not be reflective of what is happening on the ground with businesses. (more…)

Category : Corporate Insolvency — Tags: , , , , — admin @ 1:32 pm February 1, 2011

Business insolvencies are at lowest in a year

do my college homeworkThe number of companies going out of business is at its lowest in a year, according to the latest Insolvency Index from Experian.

Figures from August 2008 record that 0.08% of businesses failed. Although the number rose to 0.09% in August 2009, there was a significant decrease from July 2009, which recorded 0.11%. (more…)

Category : Corporate Insolvency,Insolvency news — Tags: , — admin @ 10:32 am October 29, 2009

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