On the Spot this week is Greg Connell, founder of InfolinkGazette - publisher of comprehensive insolvency information, including details of Unpaid and Unsecured Creditors from UK company failures, and deliverer of unique business information.
Greg talks about the worrying trend he is beginning to see from the High Court; the number of winding-up petitions that are being filed is increasing rapidly. These petitions are filed one month before they are published in the gazette and are a leading indicator of compulsory liquidations...
In January 2022 there were 1,358 Creditors’ Voluntary Liquidations (CVLs), more than double the number we saw in January 2021.
Jo and Nick also examine the impact of ending various covid government support measures on businesses, and what changes we may see going into 2022. In particular, there is concern around what might happen once commercial landlords are able to enforce debts again from March 25th.