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Posts tagged with "uk-economy"

Lotus Cars Threatened with Winding-up Petition

October 09 2012

The Independent reports that Lotus Cars faces threats of winding-up petition(s) from unpaid suppliers and has losses running into millions The scale of the problems facing Lotus Cars was laid bare yesterday with new information showing that its Malaysian owner is facing   Read More…

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HMRC Pressures Company into Administration Over Debt Less Than 4 Month Old

July 30 2012

This is Money report the taxman put a business into administration despite its debt being run up within just a few months. The recession was blamed for Airedale Electricals taking losses on major contracts. ‘The company came under increased pressure from HM   Read More…

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Number of Advertised Winding-up Petitions drops 17%

May 03 2012

Insolvency website, CompanyRescue, reports that we may be in a statistical recession, but the number of winding up petitions that are being issued continues to fall. “In April 2011 the number of petitions advertised was 734 but in April 2012 the number  had fallen   Read More…

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