Category: News & press releases
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Deal alert: Equatorial Palm Oil plc
We are delighted to have supported Equatorial Palm Oil plc (renamed Capital Metals plc) which has been admitted to the AIM market of the London Stock Exchange following its reverse takeover of a 99% interest in BVI company, Capital Metals Limited.
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Administrators appointed at Faifley Credit Union
Dina Devalia and James Sleight of PKF Geoffrey Martin & Co Limited have been appointed as Joint Administrators of Faifley Credit Union Limited in Clydebank. 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, Joint Administrator of…
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Tougher regulations on connected party pre-packs to take effect
New rules apply to all Administration appointments that commence from 30 April 2021 Draft legislation published in February 2021 entitled Administration (Restrictions on Disposal etc to Connected Persons) Regulations 2021 has passed through Parliament and will apply to all Administration appointments that commence from 30 April 2021. These amendments follow a Government review into ‘Pre-packs’…
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Insolvency statistics defy gravity again, but for how long?
Insolvency figures released today* by the Government’s Insolvency Service show a 20% drop in corporate insolvencies compared to March last year, and a 37% drop compared to March 2019.
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Lonelier than ever at the top
Entrepreneurs, perhaps fearful of also becoming personally insolvent, can find that their mental health is suffering as well as their finances.
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The ‘Fraud Squad’ diaries: behind the scenes of BBC1’s fraud series
Robert Brooker, head of the Fraud and Forensic services, is currently appearing in a BBC1 TV series. In this article, he explains how the programmes were put together and the impact that his appearances have had. I was sat at my desk at home last June, when I received an email asking me if I…
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Administrators appointed at North Airdrie Credit Union
Dina Devalia and James Sleight of PKF Geoffrey Martin & Co Limited were appointed as Joint Administrators of North Airdrie Credit Union Limited (NACU) on 16 December 2019. The Financial Services Compensation Scheme (FSCS) has also declared the credit union in default, which means that all savers will have all of their deposits returned. Dina…
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Administrators appointed at Mercat Cross and The Bruce Credit Union Limited
Dina Devalia and James Sleight of PKF Geoffrey Martin & Co Limited have been appointed as Joint Administrators of Mercat Cross and The Bruce 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. Dina Devalia, Joint…
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Administrators appointed at Solent Credit Union
Dina Devalia and James Sleight of PKF Geoffrey Martin & Co have been appointed as Joint Administrators of the Solent Credit Union. 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, Joint Administrator of PKF Geoffrey Martin…
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PKF joins Insurtech UK
PKF Littlejohn has become the first accountancy partner of Insurtech UK, an alliance of over 40 insurtech start-ups and advisers. Insurtech UK was established to speak with one voice about specific insurtech-related issues and needs arising out of the technological revolution in the sector. The organisation’s mission is to use technology to improve insurance and…
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No savers to lose out as a result of the closure of Parkhead Credit Union
Parkhead Credit Union Limited has been placed into administration and has now ceased trading. Dina Devalia and James Sleight of PKF Geoffrey Martin & Co Limited are the appointed Joint Administrators. The Financial Services Compensation Scheme (FSCS) has also declared the credit union in default, which means that savers are entitled to receive their deposits…
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Administrators appointed at Greater Milton & Possilpark Credit Union Limited
Dina Devalia and James Sleight of PKF Geoffrey Martin & Co have been appointed as Joint Administrators of Greater Milton & Possilpark 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. Founded in 1991, Greater Milton…