A wonderful news story to begin the week with https://www.bbc.co.uk/news/uk-england-beds-bucks-herts-53442746
A massive congratulations to Captain Sir Tom Moore from everyone at Campbell Crossley & Davis.
We are still here to help with your debt and insolvency worries
As the lockdown eases and businesses start to look to re-open inevitably there are going to be those that find they cannot recommence trading or that they need advice on how to manage debt.
During the current COVID-19 crisis Campbell Crossley & Davis Insolvency Practitioners has continued to operate as a full team providing advice and assistance on insolvency matters. We are available to give both you and your clients help or advice with regards to businesses that may be experiencing financial problems or worries about personal financial difficulties. Please don’t hesitate to call us to talk things through on one of our direct contact numbers below.
All initial contact is completely free, confidential and without obligation, but the sooner contact is made the more options will be available.
During the current COVID-19 restrictions, we are continuing to work from home and office. If you need to contact us please call or email using the details below.
Main office number: 01253 349331
Ian: 07703 529212 / r.ianwilliamson@crossleyd.co.uk
Chris: 07825 002916 / chris.brindle@crossleyd.co.uk
Francesca: 07540 109042 / francesca.vivace@crossleyd.co.uk
Please follow the link for our website:
What a wonderful idea
Margaret Payne, 90, aims to climb the equivalent of Highland mountain Suilven – 731m (2,398ft) – with 282 trips upstairs at her Sutherland home.
She has the full support of all the team here at Campbell Crossley & Davis!
What a fantastic idea! Captain Tom has the support of the whole team here at Campbell Crossley & Davis https://lnkd.in/eeCAaM8
The team at Campbell Crossley & Davis are working from home and can still be contacted.
All team members are able to access all documents securely and remotely and are contactable via the numbers and email addresses listed below.
Ian: 07703 529212 / r.ianwilliamson@crossleyd.co.uk
Chris: 07825 002916 / chris.brindle@crossleyd.co.uk
Francesca: 07540 109042 / francesca.vivace@crossleyd.co.uk
If you’re unsure about whether what you’re hearing about Coronavirus is correct, please read this guide.
Below is the current guide by the World Health Organisation in relation to Coronavirus (COVID-19). This can help to clarify comments and news stories in these confusing times.
https://www.who.int/emergencies/diseases/novel-coronavirus-2019/advice-for-public/myth-busters
Campbell Crossley & Davis are still working from home, and are happy to answer your insolvency queries by telephone or video call.
Are you worrying about the finances of your Business in this current situation?
Are you worrying about the finances of your Business? Areyou unsure where to turn to for help if you’re struggling with bills? If you need information about how HMRC and the Government can help your situation, then please contact us here at Campbell Crossley & Davis Insolvency Practitioners of Blackpool. Our team are happy to talk via video link if you don’t want a face to face meeting. If you’d like to find our more, please visit our website at https://www.campbell-crossley-davis.co.uk/
If you’d like to speak to a member of our team to help put your mind at ease, please contact either Ian on 07703 529212, Chris on 07825 002916 or Francesca on 07540 109042. With a great deal of experience between our team, you can rely on us at Campbell Crossley & Davis to help.
Members’ Voluntary Liquidations
For directors and shareholders looking to release value from companies that have ceased to be used or groups with dormant companies that have annual filing costs but no purpose – have you considered solvent liquidation?
We can offer a competitive fixed fee structure tailored to the number of companies and work involved.
Solvent liquidation will wind up the company with no comeback on the directors and put an end to having to file accounts and annual returns.
Contact Ian Williamson for more details on 01253 349331 or r.ianwilliamson@crossleyd.co.uk
Insolvency statistics for April to June 2016 in England and Wales were released by the Insolvency Service on 5 September 2016.
The main messages are:
The effect of the change from court-based to online bankruptcy applications is not yet clear from the statistics.
Looking at the figures in more detail, an estimated 3,617 companies entered insolvency in the three months to the end of June 2016, which was 4.2% lower than in the previous quarter and 2.7% lower than the corresponding period last year. This was driven by a decrease in compulsory liquidations.
A total of 662 companies were subject to a compulsory winding-up order in the quarter, an 18.6% decrease on the previous quarter and 14.0% lower than in the same quarter in 2015.
Creditors’ voluntary liquidations remained fairly stable. An estimated 2,501 companies entered creditors’ voluntary liquidation in the period, a 2.6% decrease on the previous quarter but 0.7% higher compared to the same period in 2015.
Other types of company insolvencies also remained in line with medium term trends. There were an estimated 340 administrations in the quarter, an increase of 8.2% compared to the previous quarter but 8.7% lower than the same quarter in 2015. There were an estimated 115 company voluntary arrangements in the same period.
The estimated liquidation rate in the 12 months ending June 2016 was 0.42% of active companies, the lowest level since comparable records began in 1984.
By way of contrast, total individual insolvencies increased for the fourth consecutive quarter.
The number of people who became insolvent in England and Wales was 22,503 in the three months to June 2016, a 6.9% increase on the previous quarter, and 22.4% higher than the same quarter in 2015.
This was driven by an increase in individual voluntary arrangements (IVAs). There were 12,225 IVAs in the period, which was 15.4% higher compared to the previous quarter and 42.7% higher compared to the same period in 2015
Debt relief orders (DROs) also increased. There were 6,741 DROs which was a 0.3% increase compared to the previous quarter and 15.6% higher than the same period in 2015. This increase was because of a change to eligibility criteria effec
The Insolvency Service database provides details of all directors who have been disqualified from acting in the last three months.
https://www.insolvencydirect.bis.gov.uk/IESdatabase/viewdirectorsummary-new.asp
The Companies House database allows you to search for directors who are currently disqualified. Notice of disqualification will be removed once the period comes to an end.
https://beta.companieshouse.gov.uk
You can be prosecuted and held liable for the company’s debts if you are held to be acting on the instructions of someone who has been disqualified.
It makes sense to check if you are in doubt.
