Published on 5 August 2011 by Tony Groom The latest Insolvency Stats published on Friday suggest that Zombie Businesses are holding back the UK Economy, says company doctor Tony Groom, of K2 Business Rescue. A summary of the Q2 2011 UK insolvency statistics shows: Compulsory Liquidations up; Voluntary Liquidations down; Administrations down and CVAs static. […]
Articles Tagged: Investors
A Frozen Bank Account Need Not be the End of a Business #014
Published on 26 November 2010 by Tony Groom If a bank takes action to freeze a company’s bank account it is an indication that the bank is nervous and under its bank facility terms and conditions has exercised its right to not release funds. A bank’s behaviour is monitored by its facility people and triggering […]
Do Small Businesses Understand Working Capital and Liquidity? #046
Published on 6 May 2011 by Tony Groom There is some doubt about whether small businesses in particular understand the concept of liquidity. When borrowing against assets, such as the sales ledger using factoring or invoice discounting or plant and machinery finance or property mortgages, there seems to be a widespread misunderstanding among businesses about […]
Dealing with the Bank When Considering a Company Voluntary Arrangement #019
Published on 14 December 2010 by Tony Groom The large number of companies in financial difficulties is swamping the banks and as a result there is a lack of experience in banks when dealing with companies in the process of restructuring. If a company is subject to a Winding-up Petition (WUP) the bank can be […]