The Institute of Credit Management (ICM) has completed a strategic review of recruitment services provided by the ICM to its members, as part of a much wider restructure of the ICM’s headquarters in line with the formulation of a new three-year plan. The review includes the appointment of Hays Credit Management as the sole provider of dedicated recruitment and career development services, and Jobs in Credit, owned…

Latest figures have shown that UK companies have formed an increasingly bad habit of late payments, with the average in 2011 paying almost 26 days beyond the agreed terms. Large UK companies were the worst culprits, paying an average of 34 days late. Thomas Whitfield, Solicitor at international law firm Eversheds, comments: “The latest figures are showing that the average time for commercial debtors to pay, beyond…

Mohammed Modhu, a bankrupt, has been sentenced to six months in prison by Luton Crown Court for removing £23,000 from his estate while undergoing bankruptcy proceedings, and failing to account for the same. The case follows an investigation by The Insolvency Service and a criminal investigation and prosecution by the Department for Business Innovation and Skills (BIS). Mr Modhu pleaded guilty to removing &p…

The Forum of Private Business is responding with dismay to a government announcement that legislation to improve the pre-pack insolvency sales process, designed to clamp down on ‘phoenix’ companies starting again while leaving their creditors unpaid, will now not go ahead as planned. In a statement, the Employment Minister Edward Davey said that, having ‘taken into account all of the issues’, the…

The Association is pleased to announce that the Master of the Rolls, Lord Neuberger of Abbotsbury will be the guest of honour at their dinner in the Cholmondeley Room at the House of Lords on Thursday 8th March. Brian Havercroft, Association Chairman said “we are pleased that the Master of the Rolls has agreed to speak at the dinner and he joins a celebrated list of previous speakers.” The event this …

CALCO PUBS LIMITED EST BUS LIMITED E-TRADER GROUP LIMITED (formerly ITA Enterprises Limited) THE FORCE GROUP OF COMPANIES LTD GLOBAL TURBOCHARGER SOLUTIONS LIMITED HARPERS ENVIRONMENTAL SERVICES LTD JUST ADD WATER LIMITED (Subsidiary of Blacks Leisure Group Plc). KEYPOINT LAW LLP (t/a Keypoint Law) PROPERTY PROTECTION GRP (UK) LIMITED PUMPKIN PATCH LIMITED REGIONAL PUBLISHING (NORTH WEST) LIMITED…

Winding up petitions on the following companies were advertised yesterday the 26 January 2012. ATLANTIC LAW LLP JASS PROPERTIES LIMITED JUBILEE CLUB & INSTITUTE LIMITED TARGET COMMERCIAL CONSTRUCTION LIMITED HEALTH & SAFETY ADVISORY SERVICE LIMITED For more information email jarnold@creditman.co.uk If you have a debt owed by any of these companies you might be interested in our Winding …

As the tax deadline approaches, research from borro, the personal asset lender, reveals that one in ten (11%) small business owners have experienced difficulties paying their tax bills. A further 7% have even missed a tax payment in the last 12 months as they haven't been able to raise external finance. Paul Aitken, CEO of borro, the UK's fastest growing personal asset lender comments: "The deadline is fast approac…

Money education charity Credit Action has warned that student life is normalising the debt culture, after a new survey revealed that 36% of young people see being in debt as a 'normal' part of university life. The charity is concerned that a lack of understanding about debt and personal finance is enveloping the young in a dangerous debt culture - where debt is an acceptable part of everyday life - and urges students and their…

John Whitfield of the Global Restructuring Advisory practice at financial advisory and investment banking firm Duff & Phelps, has been appointed Administrator of Arinza Star Hotels Limited which owns The Mill Hotel based in Croston, Lancashire and The Miraj Hotel and Leisure Club located in Ashbourne, Derbyshire. The formal appointment was made on Thursday 26 January 2012. John Whitfield of Duff & Phelps state…