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News

/2018

Companies House – user beware

By Admin | Monday, July 9, 2018

“Long firm fraud” given a helping hand by the openness and visibility of the information at Companies House... As my long departed Great-Grandmother used to say to me “There’s nowt new under the sun”. Long firm fraud has probably been around as long as credit itself - a nice little earner, much used back in the 1960s by East End villains, has not gone away and in this era of increasing identity theft, this type of fraud is very much on the increase.

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Zombie business’ numbers drop to record low

By Admin | Wednesday, February 7, 2018

How do you kill a Zombie company? by having an interest rate rise of course! In November 2015 we reported that Zombie companies-those businesses that can just about pay the interest on their bank debts, but little else, had seen a dramatic decline [much to the chagrin of us Insolvency Practitioners].

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