Trucking giants struggle to pull out of slow lane

Trucking giants struggle to pull out of slow lane

by | Jun 20, 2023 | News

The fall into administration of major logistics group Tuffnells, citing inflationary pressures and tougher competition, has brought into sharp focus the challenges faced by this critical link in the supply chain. There are several factors beyond the logistics...
Take action on your cash crunch before it’s too late

Take action on your cash crunch before it’s too late

by | Jun 13, 2023 | News

Funny how most business costs leave a company’s bank account at fixed days through the month, yet income for goods sold or services supplied seems to land when debtors feel like sending it. Of course, it isn’t funny at all, especially in these times of soaring energy...
Choppy waters remain for UK commercial property

Choppy waters remain for UK commercial property

by | Jun 8, 2023 | News

The recent fall into administration of a 313,000 sq ft office block in London’s Canary Wharf confirms fears that investors in the capital’s commercial property market may wait longer than expected for recovery. Formerly the London head office of Bear Stearns before...
When is it time to throw in the towel?

When is it time to throw in the towel?

by | Jun 1, 2023 | News

In an ideal world, perhaps businesses would never need to deal with an Insolvency Practitioner (IP). One common misconception is that IPs simply help to close businesses that go bust or run out of money. This is by no means always the case, since options exist for...
May 2023 Newsletter: One swallow doesn’t make a summer

May 2023 Newsletter: One swallow doesn’t make a summer

by | May 18, 2023 | News

Optimism is generally a good quality when running a business. It fosters positive energy and a can-do approach, without which success is much more difficult. Nonetheless a healthy dose of realism can be a useful balance, not least when assessing the financial health...