Kaboodle found the right recipe for closure

Kaboodle found the right recipe for closure

When Kaboodle couldn’t stand the heat it got out of the kitchen business. Unpaid debts, market challenges and tightening liquidity reflected pressures presently faced by many UK SMEs, but opting for a Creditors’ Voluntary Liquidation (CVL) has given the supply and...
Rebecca Lloyd joins Buchler Phillips

Rebecca Lloyd joins Buchler Phillips

Buchler Phillips is delighted to announce the appointment of Rebecca Lloyd as an Analyst in the Corporate Recovery, Restructuring and Turnaround Team. Rebecca joins from advisory firm Cork Gully. She began her career at London based insolvency and business recovery...
Pity the retailer with no reason

Pity the retailer with no reason

The final shuttering of Claire’s UK store estate this week was not a sudden collapse; it was the long-trailed end of a brand that had, quietly but decisively, drifted from relevance. After entering administration (again) in January, the chain has now closed all 154...
Record savings aren’t helping British business

Record savings aren’t helping British business

More money is sitting in British bank accounts than at any point in history. Household deposits crossed £2 trillion in 2024 and have continued to rise. Savings ratios are at their highest since 2015, excluding the pandemic spike. By almost every measure, the British...
SME bad debt rise kills confidence

SME bad debt rise kills confidence

UK SMEs are battling a sharp rise in bad debts at a time when wider business confidence remains fragile. Cost pressures, particularly labour, weigh heavily on the outlook and two new surveys point to an increasingly cautious environment with cashflow risk spreading...