News and events
Wishing our clients, partners & suppliers a Happy Holiday & a prosperous New Year!
Company Watch, specialists in tracking and predicting corporate financial health, has increased the number of online Polish companies available.
Company Watch has expanded the number of Italian companies available online.
Company Watch, who monitor corporate financial health, has found that there are now approximately 249,000 ‘Zombie’ firms trading in the UK, an increase of 10,000 compared to November 2014 when they conducted the same research.
Research by Opus Restructuring, a leading advisory, restructuring and insolvency firm, reveals that Administration, the UK’s flagship business rescue procedure, is ineffective in over two thirds of cases.
This has been a good year for the P&L of the construction industry as a whole: turnover is up and so are profits - all without a significant increase in the size of the balance sheet, suggesting that the sector is working its capital more effectively. But as ever, some individual companies are better prepared than others.
News this week is the declaration by the taxman of its intention to spare the smallest businesses the burden of quarterly tax reporting. But will this move lead to some unexpected problems when it comes to smaller companies securing credit?
Again this summer we learnt that one in five small and medium-sized firms are expecting to write almost £6bn in bad debts in 2016. This amounts to around £31,000 per company affected, which is no small sum.
Private equity firm Rutland Partners confirms the sale of Bernard Matthews, known for its “bootiful” turkeys, to Ranjit Boparan, the founder and owner of the 2 Sisters Food Group.
Company Watch CEO Denis Baker looks at the performance of the UK’s leading construction companies.