KSA Group Limited, one of the UK’s leading insolvency practitioners, has researched the UK SME market of over 4m businesses in an attempt to see if there was a gender bias on the board of companies that became insolvent. The study was designed to investigate if the insolvency rate was higher for male or female-run

On Friday, the latest UK Insolvency Statistics for Q2 2018 (April to June) were released. Overall, it was shown that the number of company insolvencies has fallen 12.4% compared to 2018 Q1 but has risen 12% compared to the same period last year. This shows fewer company insolvencies, administrations and underlying Creditors Voluntary Liquidations. The

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Apologies to our clients and creditors.  The Gateshead Office closed today due to adverse weather conditions.

In just over a month, new insolvency rules come into force. There are quite a few changes, most notably, the incorporation of digital practices in legal procedures. The new rules replace the Insolvency Rules 1986 and their 28 subsequent amendments with the aim to improve the overall insolvency system, making procedures more efficient and cost-effective

Somerset-based Quantock Brewery has entered administration. Joint administrators from KSA Group, Eric Walls and Wayne Harrison, were appointed to the company on Wednesday 18th January. The company will continue to trade as normal while a buyer is sought for the business. The company said in a statement: “It is with deep regret that following a

Liverpudlian insolvency practitioner, Gerard Keith Rooney, has been fined due to unprofessional behaviour and failing to assist the Insolvency Practitioners Association (IPA) when asked for a response between June 2014 and February 2015. He also failed, as an appointed liquidator of a company, to provide progress reports to Companies House. This was a clear breach

The Insolvency Service is planning to change fees for creditors who want to wind companies up, increasing the overall fee by £2,480. This Official Receiver’s fee will increase by £2,500 when a company is closed down in the public interest. In addition, the current fee system will be replaced by a general fee across all