Category: News & press releases
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Administrators appointed at All Flintshire Credit Union Limited
James Sleight and Peter Hart have been appointed as Joint Administrators of All Flintshire Credit Union Limited, based in Holywell.
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PKF contributes to Insurance Age Top 100
PKF has provided analysis for Insurance Age’s flagship annual ‘Top 100 Brokers’ survey. John Needham and Will Lanyon examined the health of the commercial broker sector over the past 12 months. The authors conclude that: “The commercial broker market as a whole appears to have survived the pandemic. Firms have changed their working practices to…
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Administrators appointed at Barrow & District Credit Union Limited
James Sleight and Peter Hart of PKF GM have been appointed as Joint Administrators of Barrow & District Credit Union Limited. The Financial Services Compensation Scheme (FSCS) has also declared the credit union in default, which means that savers are entitled to receive their deposits back. James Sleight, the Joint Administrator said: “Barrow & District…
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PKF contributes to new Insurance Age report
PKF’s Financial Services team has once again provided expert analysis for Insurance Age’s annual ‘Top 50 Personal Lines Brokers’ supplement. The report reveals that participating brokers reported a record collective gross written premium (GWP) of £6.6 billion this year, with the largest three brokers representing almost £3 billion GWP alone. On average, the total GWP…
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Listed company audit reform: new research reveals need for more proportionality
Listed businesses are highly sceptical of what the government’s proposed reforms to audit and corporate governance will achieve without a more proportionate approach, according to new research by leading accountancy firm PKF.
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Take part in our survey: Restoring trust in audit and corporate governance
Let us know what you think of the government’s White Paper by 18 June The government’s proposed reforms for strengthening the UK’s framework for major companies and the way they are audited is more than just a shake-up of the audit market. The impact on professional advisers, companies and the markets as a whole, will…
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Company insolvencies more than double as cash crunch starts to bite
Insolvency figures released today for January 2022* by the Government’s Insolvency Service showed corporate insolvencies more than doubled compared to the same month last year (1560 in January 2022 and 758 in January 2021).
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Administrators appointed at Kuhnel Graphics Limited
James Sleight and Oliver Collinge of PKF GM have been appointed as Joint Administrators of Kuhnel Graphics Limited.
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Company insolvencies surge as businesses urged to take action early
16 July 2021 – Insolvency figures recently released for June 2021 by the Government’s Insolvency Service show a 63% increase in corporate insolvencies compared to the same month last year (741 in June 2020). However insolvencies are 18% lower than the number registered two years previously (pre-pandemic; 1,466 in June 2019). Corporate insolvencies – tougher…
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Insolvencies drop again but challenging times ahead
17 March 2021: Insolvency figures released yesterday by the Government’s Insolvency Service show an almost 50% drop in insolvencies compared to February 2020. The number of registered company insolvencies in February 2021 was 686, which is 49% lower than the number registered in the same month in the previous year (1,348 in February 2020). This…
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Umuthi Healthcare Solutions plc – a clarification
We note the admission of Umuthi Healthcare Solutions plc on Wednesday 3 March 2021 to the Standard Segment of the LSE. Our name is listed on two Accountant’s Reports for Umuthi Healthcare Solutions plc and Lems Pharmaceutical Limited included in a supplemental prospectus dated 26 February 2021. We have not approved these Accountant’s Reports and…
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Administrators appointed at Pioneer Mutual Credit Union Limited
Dina Devalia and James Sleight of PKF GM have been appointed as Joint Administrators of Pioneer Mutual Credit Union Limited in Barrhead, Glasgow. The Financial Services Compensation Scheme (FSCS) has also declared the credit union in default, which means that savers are entitled to receive their deposits back. Dina Devalia, the Joint Administrator said: “Pioneer Mutual…