Zombie Apocalypse

Zombie Apocalypse

by | Jul 23, 2024 | News

The day of reckoning looms for The Walking Dead. As far back as three years ago we highlighted the huge rise in ‘zombie companies’, businesses that had been artificially propped up by Covid loans and relatively low interest rates on their core borrowings. Many of...
Disqualifications still dominated by Covid loan abuse

Disqualifications still dominated by Covid loan abuse

by | Jul 17, 2024 | News

The expression ‘slippery as an eel’ comes to mind when considering the directors of a company closed down this month for abusing the Covid loan scheme. Lincolnshire based The Eel Screen Company, an eel protection business, provided false turnover figures in 2020 to...
July 2024 Newsletter: What happens after the landslide?

July 2024 Newsletter: What happens after the landslide?

by | Jul 9, 2024 | News

As the new government gets to work prioritising the country’s many demands, it is clearly too early to discuss how the world of business – and specifically insolvency, restructuring and turnaround – will be affected by eventual changes in policy...
UK businesses ignore cyber risk at their peril

UK businesses ignore cyber risk at their peril

by | Jul 2, 2024 | News

Insurers say cyber cover rates are falling but SMEs are still slow to recognise the value of protection against digital crime. You might think “they would say that, wouldn’t they”, when competition and new providers in a growing area have driven down prices for both...
Late payments will keep insolvencies high

Late payments will keep insolvencies high

by | Jun 24, 2024 | News

While the majority of business expenses leave a company’s bank account at fixed days throughout the month, the same cannot be said for income received. Debtors appear to be deciding to make payment for goods sold or services supplied when it is convenient for them....
Alice Fanner joins Buchler Phillips as Assistant Manager

Alice Fanner joins Buchler Phillips as Assistant Manager

by | Jun 24, 2024 | News

Buchler Phillips is delighted to announce a new member joining the Buchler Phillips Team, Alice Fanner in the role of Assistant Manager. Alice has six years of restructuring experience working across a range of sectors and jurisdictions. She has worked on all types of...