tag:blogger.com,1999:blog-14243793836198094212012-02-17T06:40:38.990-08:00A repository of the latest credit intelligence on UK companies for small Businesses.Reports Directhttp://www.blogger.com/profile/16867192647294362842noreply@blogger.comBlogger131100tag:blogger.com,1999:blog-1424379383619809421.post-44611122470113698392012-02-17T06:09:00.001-08:002012-02-17T06:09:46.350-08:00

Much Has been made of the government's attempts to halt the flow of laundered money in the UK markets. The rallying cry of KYC (Or Know Your Customer) was heard a lot when the latest Anti-Money Laundering legislation came in but it meaning had been somewhat distorted from the original usage. Knowing your customer has always been less about compliance and more about protection for the vendor.

Reports Directhttp://www.blogger.com/profile/16867192647294362842noreply@blogger.com0tag:blogger.com,1999:blog-1424379383619809421.post-3357090134704375562012-02-15T08:58:00.000-08:002012-02-17T05:08:08.365-08:00

Hampson industries have decided to put put themselves up for sale, in a move which comes as no surprise to this writer. The company has been struggling with  large debt burden for some time and the news that they will be delaying in delivering on their contract with Boeing, their single largest contract is a cause for some concern. That Hampson retained substantial losses of nearly £30 million

Reports Directhttp://www.blogger.com/profile/16867192647294362842noreply@blogger.com0tag:blogger.com,1999:blog-1424379383619809421.post-30969128069955192912012-02-08T15:22:00.000-08:002012-02-13T07:48:27.349-08:00

With RCapital deciding to throw in the towel on the rescue of the beleaguered roadside restaurant chain Little Chef we are reminded that not every rescue plan is successful. The issues surrounding the failure of Little Chef are many but the tipping point has come as the business is attempting to renegotiate its leases for its sites. It looks like despite the offers to renegotiate the rentals from

Reports Directhttp://www.blogger.com/profile/16867192647294362842noreply@blogger.com0tag:blogger.com,1999:blog-1424379383619809421.post-88260066666825970272012-02-06T07:46:00.000-08:002012-02-06T08:01:14.153-08:00

A new bidder as stepped forward for troubled fashion chain Peacocks Peacocks, which is currently in administration, has over 500 stores and nearly 40 concessions. They and parent company the Peacock Group, failed under their mounting debts last month in the biggest high street collapse since Woolworths, placing nearly 7,500 jobs in jeopardy.Textile Magnate Alshair Fiyaz whose family wealth

Reports Directhttp://www.blogger.com/profile/16867192647294362842noreply@blogger.com0tag:blogger.com,1999:blog-1424379383619809421.post-90708017051971982582012-02-02T13:05:00.000-08:002012-02-06T07:34:58.238-08:00

If we ever need reminding why we must always consider the ethical obligations under which we operate as small and medium enterprises a salutary lesson comes in the form of the recent news that workers at the publically embarrassed company Autofocus Ltd will now be the subject of contempt of court hearings. Allegations have been sent to the Attorney General regarding the conduct and evidence

Reports Directhttp://www.blogger.com/profile/16867192647294362842noreply@blogger.com0tag:blogger.com,1999:blog-1424379383619809421.post-46394620597476071462010-11-19T00:43:00.000-08:002010-11-19T00:59:39.965-08:00

This week has seen the demise of another established name in the holiday sector.Pontins Limited have been placed into administration. An iconic name in the holiday trade and one which at its peak in the 1950's and 1960's vied with Butlins as the complete family holiday package. It has been a slow death for the Holiday Camp in the UK with growth in the popularity of overseas holidays since the

Reports Directhttp://www.blogger.com/profile/16867192647294362842noreply@blogger.com0tag:blogger.com,1999:blog-1424379383619809421.post-5668668429009617632010-10-27T02:20:00.000-07:002010-10-27T02:21:05.132-07:00

Just when the construction Industry thought things couldn't get worse...........along came the spending cuts announced recently by the Government.The main victim for the Government's spending cuts are, Local authorities and planned spending on construction projects particularly, Schools re-building.This is compounded by so few major construction projects in the UK which in the main are the 2012

Reports Directhttp://www.blogger.com/profile/16867192647294362842noreply@blogger.com0tag:blogger.com,1999:blog-1424379383619809421.post-71121674431194488172010-10-11T02:49:00.000-07:002010-10-11T03:28:38.363-07:00

In the past couple of weeks, Premier League football clubs have been in the business news discussing their current finances either because their latest accounts have been published or because they are the focus of a much maligned takeover bid.Arsenal Football Club released trading figures at the end of September showing pre-tax profits of some £56 million for 2009. Manchester United's figures

Reports Directhttp://www.blogger.com/profile/16867192647294362842noreply@blogger.com0tag:blogger.com,1999:blog-1424379383619809421.post-69394684598366442182010-10-07T07:24:00.000-07:002010-10-07T07:36:15.470-07:00

Recent figures indicate the cost of fraud in the UK to be £30bn a year, an increase of £10bn in the last 3 years. The rise in fraudulent activity is expected to continue with no signs of slowdown in the near future. A key problem in this area is the lack of people being caught and dealt with properly by the courts, put simply the deterrents aren't strong enough to prevent the criminally minded

Reports Directhttp://www.blogger.com/profile/16867192647294362842noreply@blogger.com0tag:blogger.com,1999:blog-1424379383619809421.post-22160923995686626712010-08-18T06:34:00.000-07:002010-08-18T06:52:36.603-07:00

I have been scouring the internet over the past few weeks looking for reasonable prices for a new car. As well as getting advice about how to haggle and negotiate for the bargain price, I thought I would also check out eBay to see what people were asking for nearly new cars in my price range as well, considering that we all know how a car depreciates the minute they are driven from the

Reports Directhttp://www.blogger.com/profile/16867192647294362842noreply@blogger.com0tag:blogger.com,1999:blog-1424379383619809421.post-44536598391570615782010-08-05T04:20:00.000-07:002010-08-05T07:12:19.664-07:00

HSBC Bank PLC - 00014259 reported a $11bn profit at the beginning of this week, closely followed by Northern Rock PLC - 06952311 also reporting a return to profit and Lloyds Banking Group PLC - SC095000 managing to hold on to £1.6bn for the first 6 months of 2010. RBS and Barclays Bank PLC - 01026167 are expected to report similar figures this week.Even though these banks are illustrating that

Reports Directhttp://www.blogger.com/profile/16867192647294362842noreply@blogger.com0tag:blogger.com,1999:blog-1424379383619809421.post-91365355487124758212010-08-05T04:02:00.000-07:002010-08-05T07:06:37.946-07:00

'There are lies, damn lies - and statistics'A bit of an exaggeration perhaps but the reporting of financial figures is more about the headline result of a report than anything else. The result comes first and the explanation a very distant second in many cases - particularly from a British perspective. The following headline from last week is surely meant to shock and scream out from the pages, '

Reports Directhttp://www.blogger.com/profile/16867192647294362842noreply@blogger.com0tag:blogger.com,1999:blog-1424379383619809421.post-79217165819527078942010-08-05T01:09:00.000-07:002010-08-05T04:02:23.951-07:00

GoldTrail Travel Limited - 03090844 ceased trading on Friday 16th July 2010 joining the list of 9 other british tour companies that have failed this year.International Flights Limited - 04183165 (ceased trading 2nd July 2010)Malachite Travel Limited - 06240051 (ceased trading 2nd July 2010)Birdseekers (ceased trading 28th May 2010)Wigmore Holidays and Travel Limited - 02912210 (ceased trading

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