Insolvency
DEBT ALERT: Platinum Assets and Developments Limited – Insolvent and Still Trading
Our company alert this week is regarding Platinum Assets and Developments Limited. A building development company with a registered office in Cuthbert House, Tyne and Wear. This company had owed our client £60,000 plus interest (the Debt) and costs. On 25th October 2024 our client assigned the debt to Insolvency & Law Ltd. We are…
Read MoreThink Twice Before Dissolving A Company
When a business venture doesn’t go as planned, it’s natural to consider winding up operations and moving on. However, dissolving your company prematurely can lead to serious consequences, especially if you’re planning to recover funds from a failed transaction or investment. Here’s a cautionary tale that underscores why keeping your company active is crucial if…
Read MoreWilliam Jackson – Part 2: The Platinum Companies, West Chevington Farm, and Coffees with Gary Forrest
William ‘Billy’ Jackson recently contacted us to complain about a blog post discussing Northumberland Living, one of his companies. After reviewing the blog, we decided not to make any changes or take it down. This complaint piqued our interest, having drawn attention to himself and after further research, we concluded that Billy was worthy of…
Read MoreIs Carrie Ann James Blocking Justice for Victims?
The pursuit of justice faces ongoing challenges as victims claim Carrie Ann James appears to be introducing obstacles in the path to justice. We direct your attention to our initial article on this issue as we update you on the developments since then. Despite our initial request for a Norwich Pharmacal Order and Carrie Ann…
Read MoreAppeal court win for company directors
The UK Supreme Court recently dismissed a claim for a law change that would force company directors to take creditors into account at the first sign of insolvency. Instead, the Supreme Court upheld the current law. As a result, directors only need to prioritise creditors when company insolvency is highly likely. Under the current ruling,…
Read MoreInsolvencies jump 43%
Startling new statistics have revealed the number of insolvent companies jumped by a staggering 43% in August 2022. Although high inflation has led consumers to reduce spending, this paints a bleak picture of the future of UK businesses. The government finally acted by freezing energy prices to lessen the blow of the recent hike in…
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