As 2020 ends more firms throw in the towel as three companies in three different sectors collapse - and Ian Carrotte of ICSM Credit asks what will be left when people return to work in 2021?
As 2020 ends more firms throw in the towel as three companies in three different sectors collapse - and Ian Carrotte of ICSM Credit asks what will be left when people return to work in 2021?
2020: the year the print industry was hit by the slings and arrows of outrageous fortune with Covid-19, the decline of the high street retailing and God knows what else
2020: the year the print industry was hit by the slings and arrows of outrageous fortune with Covid-19, the decline of the high street retailing and God knows what else
ICSM Credit: for our economy’s sake get a deal with EU; plus the firm refusing to pay business rates; and the Post Office scandal sees convictions quashed
ICSM Credit: for our economy’s sake get a deal with EU; plus the firm refusing to pay business rates; and the Post Office scandal sees convictions quashed
The shocking toll on the print industry as revealed by the blonde doyen of the business Jo Francis in Print Week as firms great and small collapse in late 2020
The shocking toll on the print industry as revealed by the blonde doyen of the business Jo Francis in Print Week as firms great and small collapse in late 2020
Ian Carrotte of ICSM Credit: it
Ian Carrotte of ICSM Credit: it's a national scandal that suppliers are owed £1.86bn in unpaid invoices in 2020
The scandal of one of the UK’s household names asset stripped by the likes of Rob Templeman; plus creditors left with a £50m bill from constructor Simons; and more news of administrations and company collapses
The scandal of one of the UK’s household names asset stripped by the likes of this man Rob Templeman; plus creditors left with a £50m bill from builder Simons; and more news of administrations and company collapses
Alert over care homes going bust; Mike Ashley eyes Debenhams (but suppliers and staff could lose out); and Nando’s deny they’re in crisis
Alert over care homes going bust; Mike Ashley eyes Debenhams (but suppliers and staff could lose out); and Nando’s deny they’re in crisis
ICSM Credit's December 2020 Newsletter: who has gone bust; all those excuses why your invoice hasn't been paid; and our BACK TO BUSINESS Manifesto - plus much more
ICSM Credit's December 2020 Newsletter: who has gone bust; all those excuses why your invoice hasn't been paid; and our BACK TO BUSINESS Manifesto - plus much more
ICSM CREDIT: scam alert for the self-employed and small businesses – bogus email and link to HMRC to claim a tax refund because of Covid-19 (but there’s one tiny give-away which your eye may not notice)
Print Industry mulls the fall-out from Arcadia and Debenhams and the folly of not chasing overdue payment
Print Industry mulls the fall-out from Arcadia and Debenhams and the folly of not chasing overdue payment
Bonmarche enters administration as the retail crisis deepens leaving more suppliers unpaid and 1,500 jobs on the line
Bonmarche enters administration as the retail crisis deepens leaving more suppliers unpaid and 1,500 jobs on the line
The shocking collapse of high street retailing this year as Debenhams is likely to be liquidated meaning more than a quarter of a million shop workers have lost their jobs in 2020
The shocking collapse of retailing this year (with Debenhams likely to be liquidated) meaning more than a quarter of a million shop workers have lost their jobs in 2020 and suppliers left with nothing
Going, going, gone. Arcadia crashes into administration bringing down the curtain on the glory days of Sir Philip Green
Going, going, gone. Arcadia crashes into administration bringing down the curtain on the glory days of Sir Philip Green's dominance of retailing (leaving £250m in unpaid invoices, 15,000 unemployed and the pension fund in doubt)
I’m a fashion retailer – get me out of here: Arcadia on the brink of collapse potentially leaving suppliers high and dry and 13,000 workers unemployed
Pic: The Scotsman
I’m a fashion retailer – get me out of here! Arcadia on the brink of collapse - potentially leaving suppliers high and dry and 13,000 workers unemployed
ICSM Credit News: Sunak says UK economy is 'damaged'; jobs go at papermill; warning over rise in thefts as recession bites; Stoke printer goes bust; and a vote in favour of printed catalogues
ICSM Credit News: Sunak says UK economy is 'damaged'; jobs go at papermill; warning over rise in thefts as recession bites; Stoke printer goes bust; and a vote in favour of printed catalogues
ICSM Credit News: Estate agent in turmoil, pressure on FCA to act on £235m fraud; and more firms enter administration due to the Covid-19 economic crisis
ICSM Credit News: Estate agent in turmoil, pressure on FCA to act on £235m fraud; and more firms enter administration due to the Covid-19 economic crisis
News in brief: the nightmare of Carillion continues; another retailing giant teeters on the brink; plus those firms most hit by the Covid-19 crisis
News in brief: the nightmare of Carillion continues; another retailing giant teeters on the brink; plus those firms most hit by the Covid-19 crisis
Print Industry News: trade journal reports on latest Printing Outlook report; more firms liquidated and stationery firm calls FOUL over lockdowns
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Gareth Ward of Print Business
Print Industry News: trade journal reports on latest Printing Outlook report; more firms liquidated and stationery firm calls FOUL over lockdowns
Furlough folly: the Government dangles the vaccine carrot in front of industry to buy time this winter - instead we need is to get back to work NOW with no more lockdowns and an end to furlough
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Furlough folly: the Government dangles the vaccine carrot in front of industry to buy time this winter - instead we need is to get back to work NOW with no more lockdowns and an end to furlough
Business Armageddon postponed until March – but retailers continue to collapse as lockdown kills footfall - including one of the Duchess of Cambridge's favourite stores
Pic: Daily Mirror
Business Armageddon postponed until March – but retailers continue to collapse as lockdown kills footfall - including one of the Duchess of Cambridge's favourite stores
Stop the clock: why there won’t be an EU trade deal on December 31 but instead 2020 will be extended
Stop the clock: why there won’t be an EU trade deal on December 31 but instead 2020 will be extended
Those gatekeeper excuses on why you’ve not been paid
Those gatekeeper excuses on why you’ve not been paid including ‘the finance director is not here today,’ plus 20 more you don't want to hear
Print industry news updates: paper manufacturer
Print industry news updates: paper manufacturer's revenue drop; Wood Mitchell Printers go bust; and Reach (Trinity Mirror) set to shut two plants with 150 jobs in danger
ICSM Credit welcomes extended furlough ‘but it’s no substitute for normal business’ plus it’s no shoe in for Clarks, another haulier goes bust and eyebrows raised over stationer’s demise
Pic: BBC
ICSM Credit welcomes extended furlough ‘but it’s no substitute for normal business’ - plus it’s no shoe in for Clarks, another haulier goes bust and eyebrows raised over stationer’s demise
Printing industry mourns the collapse of Westdale Press as the Covid-19 recession continues plus more news from the printing industry
Printing industry mourns the collapse of Westdale Press as the Covid-19 recession continues plus more news from the printing industry
We can't keep going into lockdown - Ian Carrotte on how the Government's Covid-19 policy is destroying business and creating the worst recession in living memory
We can't keep going into lockdown - Ian Carrotte on how the Government's Covid-19 policy is destroying business and creating the worst recession in living memory
COMMENT: ICSM Credit’s Ian Carrotte hopes for a decisive result in the USA election as ‘we’ve got enough economic uncertainty as it is’
COMMENT: ICSM Credit’s Ian Carrotte hopes for a decisive result in the USA election as ‘we’ve got enough economic uncertainty as it is’
Urgent ICSM Credit Industry Wide Warning: beware the dodgy debt collectors who only want more of your money for doing nothing
Urgent ICSM Credit Industry Wide Warning: beware the dodgy debt collectors who only want more of your money for doing nothing
ICSM Credit's November Newsletter: James Bond, lockdowns and the return of the bad old habits of the banks - plus who has gone bust recently
ICSM Credit's November Newsletter: James Bond, lockdowns and the return of the bad old habits of the banks - plus who has gone bust recently
Help! Edinburgh Woollen Mill on the brink while Pizza Express slash jobs and sites as close to 3,000 restaurants have shut up shop this year
Help! Edinburgh Woollen Mill on the brink while Pizza Express slash jobs and sites as close to 3,000 restaurants have shut up shop this year
News shorts: Capita in fight to survive; double dip recession prediction; and watch out as the banks return to their bad habits of imposing high interest rates, bank charges and worse
News shorts: Capita in fight to survive; double dip recession prediction; and watch out as the banks return to their bad habits of imposing high interest rates, bank charges and worse
You’ve been warned: this defender of the under-attack night time economy whose liquidated firms owe millions of pounds is a serial defaulter
Alex Proud. Pic: City Business
You’ve been warned: this defender of the under-attack night time economy whose liquidated firms owe millions of pounds is a serial defaulter
Are the DVLA selling your commercial vehicle details to cowboy parking firms? Plus hauliers collapse into administration due to Covid-19
Are the DVLA selling your commercial vehicle details to cowboy parking firms? Plus hauliers collapse into administration due to Covid-19
October’s Retail Armageddon: French Connection, Peacocks and Edinburgh Woollen Mill in trouble but Poundstretcher plans on opening new stores despite agreeing a CVA to slash rents as ICSM Credit slams it as 'the new normal'
Pic: Vogue for French Connection
October’s Retail Armageddon: French Connection, Peacocks and Edinburgh Woollen Mill in trouble but Poundstretcher plans on opening new stores despite agreeing a CVA to slash rents as ICSM Credit slams it as 'the new normal'
ICSM Credit issues a red warning light to firms who supply care homes with anything from brochures to blankets as the numbers closing or being liquidated rises after ITV's shocking report
Picture: ITV's Paul Brand
ICSM Credit issues a red warning light to firms who supply care homes with anything from brochures to blankets as the numbers closing or being liquidated rises revealed in ITV's shocking report
ICSM Credit Print Industry News: Covid 19 causes more printers to call in the administrators, plus anger over the firm taking five years to pay suppliers
ICSM Credit Print Industry News: Covid 19 causes more printers to call in the administrators, plus anger over the firm taking five years to pay suppliers
ICSM Credit’s Ian Carrotte backs the IPIA’s call to arms to save the printing industry and he slams his local MP for not replying to his written concerns over Covid-19 lock downs
ICSM Credit’s Ian Carrotte backs the IPIA’s call to arms to save the printing industry and slams his local MP for not replying to his written concerns over Covid-19 lock downs
IPIA member interviewed on Sky News speaking about the way Government lockdowns and Covid-19 have brought devastation to the printing industry - read Brendan Perring's letter on how you can lobby MPs
IPIA member interviewed on Sky News on how Government Covid-19 rules have brought devastation to the printing industry - read Brendan Perring's letter on how you can lobby MPs
ICSM Credit’s PRINT INDUSTRY NEWS: Jewish newspaper wound up; Scottish ‘eco’ printer liquidated; and 2021 trade shows haemorrhage exhibitors
The relaunched Jewish Chronicle
ICSM Credit’s PRINT INDUSTRY NEWS: Jewish newspaper wound up; Scottish ‘eco’ printer liquidated; and 2021 trade shows haemorrhage exhibitors as doubts grow over Drupa and Fespa
ICSM Credit News: historic railway goes bust; Call Print leaves creditors with £1.2m in unpaid invoices; and family firm Clarks shoe shops seek CVA
ICSM Credit News: historic railway goes bust; Call Print leaves creditors with £1.2m in unpaid invoices; and family firm Clarks shoe shops seek CVA
ICSM Credit News: Ann Summers set for CVA; boss banned as creditors left with £660,000 unpaid invoices; and the struggling firm that can’t get a bounce back bank loan
ICSM Credit News: Ann Summers set for CVA; boss banned as creditors left with £660,000 unpaid invoices; and the struggling firm that can’t get a bounce back bank loan
Cinemas close down leaving the British economy millions of pounds poorer this winter - and James Bond left dangling by the Covid 19 crisis
Cinemas close down leaving the British economy millions of pounds poorer this winter - and James Bond left dangling by the Covid 19 crisis
ICSM Credit’s print industry news: Printers react to Covid restrictions; IPIA urges printers to lobby MPs; and two magazine publishers are liquidated
ICSM Credit’s print industry news: Printers react to Covid restrictions; IPIA urges printers to lobby MPs; and two magazine publishers are liquidated
The anxiety of spurious late penalty interest demands – the latest try-on from firms that see it as ‘a gold mine’
The anxiety of spurious late penalty interest demands – the latest try-on from firms that see it as ‘a gold mine’
Pic: Inside Small Business
ICSM Credit
ICSM Credit's Newsletter October 2020: fasten your seat belts - it's going to be a tough winter
Massacre of the innocents: firms liquidated as a result of the restrictions imposed by the Covid-19 regulations
Massacre of the innocents: firms liquidated as a result of the restrictions imposed by the Covid-19 regulations
COMMENT: if the Government effectively takes away your customers then of course your business is not viable – the Covid-19 madness continues
COMMENT: if the Government effectively takes away your customers then of course your business is not viable – the Covid-19 madness continues
Print Industry News: manager at Quinns the Printer jailed over fraud; Southern Print site auctioned; and Rule of Six slammed for hitting High Street printers
Print Industry News: manager at Quinns the Printer jailed over fraud; Southern Print site auctioned; and Rule of Six slammed for hitting High Street printers
Haulage mayhem as firms go bust and concerns mount over Brexit - but one firm fights back against the parking cowboys and scores a rare win
Haulage mayhem as firms go bust and concerns mount over Brexit - but one firm fights back against the parking cowboys and scores a rare win
Going, going, gone! Fancy a nearly new printing press, an articulated lorry or a Laura Ashley dress? Online trade auctions are booming as firms go bust
Pic: The Guardian
Going, going, gone! Fancy a nearly new printing press, an articulated lorry or a Laura Ashley dress? Online trade auctions are booming as firms go bust
Insolvent professional football club ‘could have paid creditors’; anger at ‘phoenix-like’ Thomas Cook relaunch; and ICSM Credit slams the furlough fraudsters
Pic: Cheshire Live
Insolvent professional football club ‘could have paid creditors’; anger at ‘phoenix-like’ Thomas Cook relaunch; and ICSM Credit slams the furlough fraudsters
End the Rule of Six now and all the other restrictions and come to terms with the fact that like any other disease we must live with Covid-19
End the Rule of Six now and all the other restrictions and come to terms with the fact that like any other disease we must live with Covid-19
ICSM Credit News: Coffee chain chokes over a CVA; Pizza Hut’s financial restructure; and some rare good news with the high court ruling on business interruption insurance policies
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ICSM Credit News: Coffee chain chokes over a CVA; Pizza Hut’s financial restructure; and some rare good news with the high court ruling on business interruption insurance policies
Print Industry News: Tudor Bookbinding set for creditors meeting; newspaper group’s latest financial worries; the high price of a death at work for a company
The Daily Star is owned by Reach who have financial woes
Print Industry News: Tudor Bookbinding set for creditors meeting; newspaper group’s latest financial worries; the high price of a death at work for a company
ICSM Credit News: Olympic torch firm goes bust; Mercedes dealer in pre-pack; alarm over logistic firm; ICSM Credit slams Southampton
Pic: NBC
ICSM Credit News: Olympic torch firm goes bust; Mercedes dealer in pre-pack; alarm over logistic firm; ICSM Credit slams Southampton's Council over boat show ban
October’s expected bloodbath as business rent protection ends; New Look’s desperate pleas for a CVA; and 1,200 care homes ‘will go bust in 2020’
Pic: FT
October’s expected bloodbath as business rent protection ends; New Look’s desperate pleas for a CVA; and 1,200 care homes ‘will go bust in 2020’
Dodgy firms: finding out who is the owner when staff are dishonest
Relative confusion: it can be difficult to find out who is the real debtor when everyone has the same name in a family firm. Photo by abi ismail on Unsplash
Dodgy firms: finding out who is the owner when staff are dishonest
ICSM Credit's Newsletter September 2020: Surviving in business in a post-Covid 19 world when cash is king and credit control is all
With apologies to Raquel Welch in the movie One Million Years BC
Survival of the fittest in the economically chilling aftermath of the Covid-19 Crisis
The FT journalist who exposed Wirecard’s billions as fake – and how the German regulators tried to blacken his name instead of investigating the multi-million pound fraud
FT Graphic
The FT journalist who exposed Wirecard’s billions as fake – and how the German regulators tried to blacken his name instead of investigating the multi-million pound fraud
Creditors beware: newspaper industry in freefall during Covid-19 as sales plunge 39% as publisher Archant seeks to dump their pension fund and leave shareholders with nothing
Pic: FT
Creditors beware: newspaper industry in freefall during Covid-19 as sales plunge 39% as publisher Archant seeks to dump their pension fund and leave shareholders with nothing
As retailers Anne Summers and Moss Bros join the growing movement seeking CVAs there’s a new turn-off for the High Street: unclear social distancing signs
As retailers Anne Summers and Moss Bros join the growing movement seeking CVAs there’s a new turn-off for the High Street: unclear social distancing signs
ICSM Credit’s Ian Carrotte: if there’s no Covid 19 spike after schools go back the nation needs to regain its sanity and get back to work
ICSM Credit’s Ian Carrotte: if there’s no Covid 19 spike after schools go back the nation needs to regain its sanity and get back to work
Crunch months for thousands of firms as furlough ends – but are there jobs to return too?
Crunch months for thousands of firms as furlough ends – but are there jobs to return too?
ICSM Credit News: Home Secretary intervenes over BooHoo’s suppliers scandal; Coventry bus company goes bust; airline’s creditors vote on survival package
ICSM Credit News: Home Secretary intervenes over BooHoo’s suppliers scandal; Coventry bus company goes bust; airline’s creditors vote on survival package
Print Industry News: print trade shows pulled until 2021; problems for print trade press; magazine sales plunge during Covid-19; and Latimer Trend workers’ redundancy victory
Print Industry News: print trade shows pulled until 2021; problems for print trade press; magazine sales plunge during Covid-19; and Latimer Trend workers’ redundancy victory
Debenhams’ parent firm enters administration as uncertainty continues; STA Travel collapses; sushi chain
How times change: Debenhams could hire fashion models Eva Herzigova, Yasmin Le Bon and Helena Christensen to front their sales. Now they are struggling to survive
Debenhams’ parent firm enters administration as uncertainty continues; STA Travel collapses; sushi chain's CVA, and a shopping centre goes bust
Print industry liquidations mount as Covid-19 effect bites - Ian Carrotte:
Print industry liquidations mount as Covid-19 effect bites - Ian Carrotte: 'it's only the tip of the iceberg'
Free Post-COVID Business Toolkit Consultation
Book your FREE Post-COVID Business Toolkit Consultation
Pizza Express: suppliers be warned as chain begs for a CVA; collapsed haulage firm left £6.5m in debts; and July's unfeasibly low insolvency figures (we explain why)
Pic: BBC
Pizza Express: suppliers be warned as chain begs for a CVA; collapsed haulage firm left £6.5m in debts; and July's unfeasibly low insolvency figures (we explain why)
Chasing up debts: the struggle to find out who really owns a business - on the trail of the dodgy geezers of this world with ICSM Credit
Promo pic for the BBC series The Sheriffs are Coming
Chasing up debts: the struggle to find out who really owns a business - on the trail of the dodgy geezers of this world with ICSM Credit
Neville Thurlbeck’s PR firm liquidated; Debenhams on the brink; a third of printers suffer late payment; retail CVAs; and the eyewatering debts left by book seller
Neville Thurlbeck’s PR firm liquidated; Debenhams on the brink; a third of printers suffer late payment; retail CVAs; and the eyewatering debts left by a book seller
UK economy’s worst kept secret: we’re in a recession; plus criminal investigation into HBOS bank fraud; and power industry wobbles as Western Power goes up for sale
Pic: The Guardian
UK economy’s worst kept secret: we’re in a recession; plus criminal investigation into HBOS bank fraud; and power industry wobbles as Western Power goes up for sale
Sushi crisis puts CVA on the menu; printer faces winding up petition; Presco swoop; suicide bidding is back; mystery of the fake invoices; and another retailer in trouble
Pic: The Times
Sushi crisis puts CVA on the menu; printer faces winding up petition; Presco swoop; suicide bidding is back; mystery of the fake invoices; and another retailer in trouble
Urgent print industry warning: beware of new start-up ‘book publishers’ who promise huge orders (and want long credit terms) – reference the ‘Bonnie and Clyde of the print industry’
A business ménage à trois! ICSM Credit welcomes the news that Premier Paper are teaming up with the Independent Printing Industry Association (IPIA)
A business ménage à trois! ICSM Credit welcomes the news that Premier Paper are teaming up with the Independent Printing Industry Association (IPIA)
Duchess’ favourite store in CVA; ski firm collapses; hotels is desperate struggle to survive; construction outfit liquidated; Welsh manufacturer goes bust
Duchess’ favourite store in CVA; ski firm collapses; hotels is desperate struggle to survive; construction outfit liquidated; Welsh manufacturer goes bust
Covid-19: 10 positive changes you must make to your business in a post pandemic world
Covid-19: 10 positive changes you must make to your business in a post pandemic world
Over 75% of hospitality businesses at risk of insolvency; Virgin Atlantic files for bankruptcy; betting shops lose business; and a sushi chain's CVA
Over 75% of hospitality businesses at risk of insolvency; Virgin Atlantic files for bankruptcy; betting shops lose business; and a sushi chain's CVA
Stationery chain slashes jobs, fashion store's CVA, and crisis for the trade show industry as events pulled (full list of lost trade exhibitions here)
Stationery chain slashes jobs, fashion store's CVA, and crisis for the trade show industry as events pulled (full list of lost trade exhibitions here)
OPINION: Furloughing has been abused by 33% of employers and resulted in new work practices which are bad for the economy
OPINION: Furloughing has been abused by 33% of employers and resulted in new work practices which are bad for the economy
ICSM Credit's August Newsletter: firms sell assets to save themselves; Harry and Meghan liquidate foundation; print's 'new world order' and 'we should have done a Sweden'
The Sale of the Century (for those of tender years) was a popular ITV show that ran from from 1971 to 1983, hosted by Nicholas Parson
ICSM Credit's August Newsletter: firms sell assets to save themselves; Harry and Meghan liquidate foundation; print's 'new world order' and 'we should have done a Sweden'
BREAKING: 1,700 jobs on the line as major gym group goes into administration leaving the suppliers high and dry
BREAKING: 1,700 jobs on the line as major gym group goes into administration after its income fell to zero due to Covid-19
ICSM News: major food supplier enters administration; pre-pack for burger firm; debts dumped by restaurant chain; care home debt crisis; and one of the worst late payers in the UK exposed
ICSM News: major food supplier enters administration; pre-pack for burger firm; debts dumped by restaurant chain; care home debt crisis; and one of the worst late payers in the UK exposed
ICSM Credit News: pizza chain to serve up an oven baked CVA; 200,000 cars for sale at £800 each as Hertz struggles; banana firm slips up; builder goes bust; and cold comfort for creditors from Hotter Shoes
USA singer and actress Jessica Simpson promoted Pizza Hut
ICSM Credit News: pizza chain to serve up an oven baked CVA; 200,000 cars for sale at £800 each as Hertz struggles; banana firm slips up; builder goes bust; and cold comfort for creditors from Hotter Shoes
ICSM Credit News: Harry and Meghan
ICSM Credit News: Harry and Meghan's foundation liquidated; family print firm crashes; caterers left out of hospitality's VAT cut; and warning to creditors of collapsing retailers
ICSM Credit News: Duchess of Cambridge’s favourite ‘ethical’ fashion firm liquidated; millionaire owner set to axe 500 jobs; and Holland & Barrett are shamed for late payments to suppliers
ICSM Credit News: Duchess of Cambridge’s favourite ‘ethical’ fashion firm liquidated; millionaire owner set to axe 500 jobs; and Holland & Barrett are shamed for late payments to suppliers
ICSM Credit News: Covid 19 brings disaster in the high street as office workers fail to return, a coffee firm collapses and a famous shirt brand could disappear
ICSM Credit News: Covid 19 brings disaster in the high street as office workers fail to return, a coffee firm collapses and a famous shirt brand could disappear
Fears businesses will have to pay for Covid 19 as Chancellor Rishi Sunak considers online sales tax and replacing business rates with a new land tax
Fears businesses will have to pay for Covid 19 as Chancellor Rishi Sunak considers online sales tax and replacing business rates with a new land tax
Sale of the century begins: Walmart looks to off-load Asda; David Lloyd gym could be sold; Riley Sports Bar looks for a buyer as Covid 19 prompts sell-offs plus Antalis has a new owner
The Sale of the Century (for those of tender years) was a popular ITV show that ran from from 1971 to 1983, hosted by Nicholas Parson
Sale of the century begins: Walmart looks to off-load Asda; David Lloyd gym could be sold; Riley Sports Bar looks for a buyer as Covid 19 prompts sell-offs, plus Antalis has a new owner
COMMENT: Sweden 1 United Kingdom 0. No lockdown, no compulsory face masks, no economic shut down – Sweden and Covid 19
COMMENT: Sweden 1 United Kingdom 0. No lockdown, no compulsory face masks, no economic shut down – Sweden and Covid 19
Hospitality takes big hits as Pizza Express seek a CVA and Wagamama shuts restaurants, while retailer Jigsaw mulls over sale and SoleTrader and Oliver Sweeney go bust
Hospitality takes big hits as Pizza Express seek a CVA and Wagamama shuts restaurants, while retailer Jigsaw mulls over sale and SoleTrader and Oliver Sweeney go bust
Late payment special part three: how to spot the signs and what practical steps to take to get paid (and how to apply interest to an invoice)
Late payment special part three: how to spot the signs - what practical steps to take to get paid (and how to apply interest to an invoice)
Late payment special part two: why do businesses and sole traders give up on overdue invoices and write them off (when there’s an alternative)
Late payment special part two: why do businesses and sole traders give up on overdue invoices and write them off (when there’s an alternative)
Late payment special part one: Covid-19 has made the situation worse with 62% of firms having payments frozen
Late payment special part one: Covid-19 has made the situation worse with 62% of firms having payments frozen
Restaurant chain’s pre-pack still sees outlets close; creditors may get some cash from collapsed firm; entertainment firm’s CVA plan; June’s insolvency figures out; and cruise company’s insolvency threat
Restaurant chain’s pre-pack still sees outlets close; creditors may get some cash from collapsed firm; entertainment firm’s CVA plan; June’s insolvency figures out; and cruise company’s insolvency threat
Suppliers to firms with ‘bounce back loans’ beware - warns ICSM Credit - estimates suggest 40% of borrowers will default - heralding a nationwide collapse of small businesses
Suppliers to firms with ‘bounce back loans’ beware - warns ICSM Credit - estimates suggest 40% of borrowers will default - heralding a nationwide collapse of small businesses
First it was Brexit, then Covid-19 and the lock down – now warns ICSM Credit it’s the banning of Huawei that next threatens the creditors of a raft of businesses
First it was Brexit, then Covid-19 and the lock down – now warns ICSM Credit it’s the banning of Huawei that next threatens the creditors of a raft of businesses
COMMENT: Time for ‘dithering’ Lord Callanan to pull his finger out and sort out the scandal of the big four’s role in playing referee and footballer in a game where SMEs and the public lose out
COMMENT: Time for ‘dithering’ Lord Callanan to pull his finger out and sort out the scandal of the big four’s role in playing referee and footballer in a game where SMEs and the public lose out
News Bites: masks in shops 'impossible to enforce'; no-show customers slammed; mass redundancies as print industry wobbles; china shops collapse; builder owed £11m; and directors get breathing space from creditors
Pic: Morpeth Herald
News Bites: masks in shops 'impossible to enforce'; no-show customers slammed; mass redundancies as print industry wobbles; china shops collapse; builder owed £11m; and directors get breathing space from creditors
ICSM Credit’s Ian Carrotte has warned members of the credit intelligence group to be wary of those involved in the trade fair and exhibitions industry after a raft of shows are cancelled or postponed.
The BBC Good Food Show is one of many put back a year due to Covid 19
ICSM Credit warns suppliers to be wary of those involved in the trade fair and exhibitions industry after a raft of shows are pulled
ICSM Credit: it's retail Armageddon as Brooks Brothers fold and Boots and John Lewis shed 5,300 jobs IN ONE DAY (time to batten down the hatches and not give credit to collapsing companies)
Pic: Fashion Network
ICSM Credit: it's retail Armageddon as Brooks Brothers fold and Boots and John Lewis shed 5,300 jobs IN ONE DAY (time to batten down the hatches and not give credit to collapsing companies)
As Firstgroup announces it might not survive much longer ICSM Credit lists the excuses given to suppliers as to why they haven
Pic: CA Finance
As Firstgroup announces it might not survive much longer ICSM Credit lists the excuses given to suppliers as to why they haven't been paid yet (which ones have you heard?)
ICSM Credit News: Heidelberg quits Drupa; disqualified directors fined £80K; Eddie Stobart’s losses; and Ian Carrotte warns creditors ‘not to get into bed’ with ailing firms
Pic: Digital Labels and Packaging
ICSM Credit News: Heidelberg quits Drupa; disqualified directors fined £80K; Eddie Stobart’s losses; and Ian Carrotte warns creditors ‘not to get into bed’ with ailing firms
Fashion store AllSaints and retailer Poundstretcher bag CVAs giving them a way out of debt – but ICSM Credit’s Ian Carrotte warns creditors: you’ll take a haircut
Fashion retailer AllSaints have neogotiated a CVA to stay in business
Fashion store AllSaints and retailer Poundstretcher bag CVAs giving them a way out of debt – but ICSM Credit’s Ian Carrotte warns creditors: you’ll take a haircut
Print firm’s pre-pack deal is seen as ‘concerning’ and ‘uncomfortable’ by creditors and ICSM Credit after the pre-pack pool gives it the green light
Print firm’s pre-pack deal is seen as ‘concerning’ and ‘uncomfortable’ by creditors and ICSM Credit after the pre-pack pool gives it the green light
ICSM Credit news: concerns at BooHoo’s slump; ‘Big Four’ accountants under spotlight; commercial print in trouble; more professional football clubs in danger; and issues with bounce back loans
BooHoo are in crisis over concerns of work practices in Leicester
ICSM Credit news: print trade body warns over post Covid-19 business; haulage firm’s CVA; BooHoo’s slump; ‘Big Four’ accountants given a ticking off; and newspapers in crisis
No wonder Spicers Office Team (SPOT) owed millions - the group had a string of related firms dragged down by May’s collapse
An image used by Spicers Office Team (SPOT) to promote themselves
Spicers Office Team (SPOT) owed millions to creditors - who will rake over the ashes of the famous firm on July 9
Shock at £19bn black hole that could see 13 universities liquidated with suppliers left with billions of pounds of unpaid invoices
Shock at £19bn black hole that could see 13 universities liquidated with suppliers left with billions of pounds of unpaid invoices
Latest ICSM Credit News: weight of debts brings Tribal Clash to the brink; Casual Dining Group goes into administration and more problems for haulage industry as firms collapse
Latest ICSM Credit News: weight of debts brings Tribal Clash to the brink; Casual Dining Group goes into administration, and more problems for haulage industry as firms collapse
The Queen is drawn into hotel's administration (it's opposite Windsor Castle) while the Insolvency Service tries to explain away why so few insolvencies were processed in May
Pic: The Insider
The Queen is drawn into hotel's administration (it's opposite Windsor Castle) while the Insolvency Service tries to explain away why so few insolvencies were processed in May
Is this the first of many? Football club calls in the administrators as
Pic: Wikipedia
Is this the first of many? Football club calls in the administrators as 'suspension of the Championship season due to Covid-19 has had a significant impact '
They're taking away the sofa: Harveys Furniture collapses plus news of a Scottish print management firm's sudden end
Louise Rednapp famously promoted furniture from Harveys Furniture for House Beautiful
They're taking away the sofa: Harveys Furniture collapses plus news of a Scottish print management firm's sudden end
ICSM Latest News: swimwear firm goes bust; retailer New Look gives landlords an ultimatum; and a survey says 25% of furloughed staff will be made redundant
Seafolly have collapsed
ICSM Latest News: swimwear firm goes bust; retailer New Look gives landlords an ultimatum; and a survey says 25% of furloughed staff will be made redundant
Byron Burger could be the first collapsed company to use the new law that gives insolvent firms 20 days
Byron Burger could be the first collapsed company to use the new law that gives insolvent firms 20 days 'breathing space' to find a rescue plan
COMMENT: what the bunglers in Downing Street should have done to tackle the Covid 19 crisis (and a recession would have been avoided)
COMMENT: what the bunglers in Downing Street should have done to tackle the Covid 19 crisis (and a recession would have been avoided)
Latest ICSM Credit News: Monsoon and other retailing troubles; Intu enters administration, Non-Standard ‘on the brink’; various CVAs and pre-packs; and more news of firms in trouble and who to avoid
Pic: Retailer Monsoon have been under pressure
Latest ICSM Credit News: Monsoon and other retailing troubles; Intu enters administration, Non-Standard ‘on the brink’; various CVAs and pre-packs; and more news of firms in trouble and who to avoid
Business trashed, jobs lost, economy ruined, lives destroyed, 60,000+ dead: yes the Government
Business trashed, jobs lost, economy ruined, lives destroyed, 60,000+ dead: yes the Government's handling of Covid 19 has been a balls up from the start
Comment: the Covid 19 shutdown for business was a pointless over reaction creating a needless recession – what was the point?
Comment: the Covid 19 shutdown for business was a pointless over reaction creating a needless recession – what was the point?
ICSM Credit News: Rent day for retailers; Go Outdoors bought back in pre-pack, The Print Show is pulled; UK businesses owed on average £148,917 pre-lockdown; plus, more updates…
ICSM Credit News: Rent day for retailers; Go Outdoors bought back in pre-pack, The Print Show is pulled; UK businesses owed on average £148,917 pre-lockdown; plus, more updates…
ICSM Credit Latest News: Gastropub owner ‘heartbroken’ by insolvency; Intu finally admits the inevitable; and Go Outdoors and Hotter crash; plus more news…
Joycelyn Neve Pic: The Caterer
ICSM Credit Latest News: Gastropub owner ‘heartbroken’ by insolvency; Intu finally admits the inevitable; and Go Outdoors and Hotter crash; plus more news…
Print industry news: Jo Francis on business, trade bodies merge, death of former chairman of Picon, BPIF’s report on Q1 and Print Business on Covid-19’s effects
Jo Francis of Print Week magazine
Print industry news: Jo Francis on business, trade bodies merge, death of former chairman of Picon, BPIF’s report on Q1 and Print Business on Covid-19
Suppliers beware of the cold winds of recession as companies default, propose CVAs and plead Covid-19 poverty rather than pay up (latest list here)
Pic: Bloomberg
Suppliers beware of the cold winds of recession as companies default, propose CVAs and plead Covid-19 poverty rather than pay up (latest list here)
Comment: furloughing has simply delayed the inevitable for zombie firms
Comment: furloughing has simply delayed the inevitable for zombie firms (Plus news of pre-packs, insolvencies and company collapses)
Comment: proposed code of practice for commercial landlords and tenants is a fudge (Plus news of struggling famous firms suppliers may want to avoid)
Comment: proposed code of practice for commercial landlords and tenants is a fudge (Plus news of struggling firms suppliers may want to avoid)
Hauliers take a hit as firms struggle with debts, bad debts and business disappearing
Hauliers take a hit as firms struggle with debts, bad debts and business disappearing (and that's BEFORE Covid-19)
Covid-19 clause in new insolvency bill saves retailer from being wound up in test case
Judge takes into account new insolvency law in test case saving retailer from petition to be wound up by landlord
Latest ICSM Credit News: Frankie & Benny's CVA; Monsoon and Accessorize's pre-pack raises eyebrows; and another hotel goes bust
Pic: BBC
Latest ICSM Credit News: Frankie & Benny's CVA; Monsoon and Accessorize's pre-pack raises eyebrows; and another hotel goes bust
SCANDALS: how the Royal Bank of Scotland and the Post Office forced SMEs into insolvency
Pic: Daily Telegraph
SCANDALS: how the Royal Bank of Scotland and the Post Office forced SMEs into insolvency
ICSM Credit Insolvency News: Intu on the brink; Travelodge’s CVA; Spicer’s and Simon’s debts; and Mann Haulage are liquidated
ICSM Credit Insolvency News: Intu on the brink; Travelodge’s CVA; Spicer’s and Simon’s debts; and Mann Haulage are liquidated
Lingerie retailer Victoria’s Secret UK collapses into administration as the High Street takes another blow
Lingerie retailer Victoria’s Secret UK collapses into administration as the High Street takes another blow
ICSM
ICSM's Debt Collection Service - returning tens of thousands of pounds every year to clients from overdue accounts
A MESSAGE FROM ICSM CREDIT
A MESSAGE FROM ICSM CREDIT'S IAN CARROTTE: NOTES ON THE COVID-19 CRISIS - THE END GAME
ICSM Credit issues warning to potential suppliers of major firms who show signs of collapse ‘don’t supply them without guarantees of payment’
Monsoon have asked landlords for help. Pic: The Sun
ICSM Credit issues warning to potential suppliers of major firms who show signs of collapse ‘don’t supply them without guarantees of payment’
Covid-19 opinion: the lock down doctrine is flawed as without a healthy economy there isn’t a healthy country
Covid-19 opinion: the lock down doctrine is flawed as without a healthy economy there isn’t a healthy country
Ian Carrotte fires off warning to SMEs over
Pic: Daily Mirror
Ian Carrotte fires off warning to SMEs over 'out of the blue' orders from ailing airline and travel firms
Crisis at debt-ridden online print firm. Ian Carrotte: 'Don’t delay as this has all the hallmarks of a firm about to collapse'
Crisis at debt-ridden online print firm. Ian Carrotte: 'Don’t delay as this has all the hallmarks of a firm about to collapse'
ICSM Credit warning over reduced motor industry due to Covid-19: supply the industry by all means but make sure you get paid
ICSM Credit warning over reduced motor industry due to Covid-19: supply the industry by all means but make sure you get paid
Insolvency and credit warning news: firms entering administration include Hertz, Adelie, Digway Bulk Haulage and Cardiff Container Link while DHL slash jobs and Edinburgh Woollen Mill’s £27m in unpaid invoices
Insolvency and credit warning news: firms entering administration include Hertz, Adelie, Digway Bulk Haulage and Cardiff Container Link while DHL slash jobs and Edinburgh Woollen Mill’s £27m in unpaid invoices
Hope springs eternal during Covid-19: made redundant during lock down - but Jay Lee sets up a new business
Hope springs eternal during Covid-19: made redundant during lock down - but Jay Lee sets up a new business
Questions raised by creditors over Fox Marketing Services MC Limited’s Statement of Affairs
Company boss scrutinised over '£455,000 listed to creditor with similar name to collapsed Fox firm'
Print Week reports on the end of Landry Kouakou’s ‘short lived empire’ as Tactical Solutions and Flare enter administration
Print Week reports on the end of Landry Kouakou’s ‘short lived empire’ as Tactical Solutions and Flare enter administration
Insolvency News: Fit the best - Everest Double Glazing teeters on the brink while Cath Kidston owes creditors £90m and 90 construction related firms go bust
Insolvency News: Fit the best - Everest Double Glazing teeters on the brink while Cath Kidston owes creditors £90m and 90 UK construction firms go bust in Q1 as Covid-19 bites deep into the economy
ICSM Credit: don't let big names take the mickey by not paying invoices before calling in administrators
Two more big names in hospitality threaten to go bust leaving creditors with empty plates
Intu threatens to default on debt unless lenders give some ‘breathing space’
Manchester's Trafford Centre is in crisis as the owners beg for breathing space from creditors
Ugly face of the Covid-19 crisis as theatres close leaving suppliers with nothing
Cinderella was a hit at the Southport Theatre but with the theatre shut there's no cash
Ian Carrotte: chase invoices owed by theatres, pubs and the night time economy in general as many will not reopen
U-Shape, V-Shape, L-Shape – modelling the possible outcomes of the Covid-19 recession
U-Shape, V-Shape, L-Shape – modelling the possible outcomes of the Covid-19 recession
Latest news from ICSM Credit: the cold winds of recession sweep the UK and the USA
Ian Carrotte: let's hope it's a V-shaped recession - but prepare for the worst
Story of the lost £30m as shareholders ploughed their savings into doomed firm
Ian Carrotte: the firm had been in trouble for some months with a big loss last year leaving suppliers high and dry
ICSM Credit issues warning over using expensive ‘sluggish’ solicitors to collect debts
Get paid fast with ICSM Credit's Debt Collection Service: fast, efficient, and easy to use from an experienced and accessible team
The paradox of fewer administrations but more companies on the brink of collapse
KPMG: fewer administrations than 2019 - but expect more than 100,000 corporate insolvencies this year
Airlines, retailers, theatre and hospitality businesses in trouble prompt ICSM Credit to issue warning
As another airline goes bust ICSM Credit issues a warning about firms looking to restructure or even expand - and seeking new suppliers
ICSM Credit warning: Nuffield Southampton Theatres’ collapse is just the tip of the iceberg
Theatres could go the same way as the Nuffield Southampton Theatre trust as they are very vulnerable in this economic crisis - Ian Carrotte
More firms hit the buffers as the Covid-19 crisis continues to bite
Coach firm appoints administrators as the Covid-19 crisis continues to hit the travel and holiday businesses (including Airbnb and Gatwick Airport)
Axbridge Chamber of Commerce information on the Government's 'bounce back loans'
ICSM Credit as a member of the Axbridge Chamber of Commerce relays this information on the Government's 'bounce back loans'
From a pension group to a hotel - the latest company collapses and administrations
ICSM Credit latest news: from a pension group to a hotel - the latest company collapses and administrations
An insider’s look into the ‘Wild West’ world of insolvency practitioners and company administrations
The good, the bad and the cowboys: a look inside the 'Wild West' world of insolvency practitioners
Exorbitant Insolvency Practitioner fees and questionable practices: the murky world of administration
Eye-wateringly high fees and controvercial pre-packs: the murky world of administration
ICSM Credit’s global reach: collecting debts for clients anywhere in the world
Anywhere, anyplace, anytime: ICSM Credit goes after your debtors across the globe and gets you your money
ICSM Credit Latest News: high risk credit ratings for firms listed plus Hotel Chocolat in trouble and the taxman is after firms abusing the furlough scheme
ICSM Credit Latest News: high risk credit ratings published - includes a house builder and a school; Hotel Chocolat's problems, Next in trouble and the taxman is after firms abusing the furlough scheme
Welcome to ICSM Credit's Covid-19 newsletter
Welcome to ICSM Credit's Covid-19 newsletter
Print, paper and office industries stunned by Spicers notice to appoint administrators
Disaster for suppliers and staff of Spicers Office Team as firm looks set for administration as the Covid-19 crisis strikes again
The ghosts of Polestar return, Flybe’s CCJs, Antalis take-over latest in protracted sale and Pizza Express served with a winding up order by a landlord
Pizza Express served with winding up order and other news including the ghosts of Polestar return (plus latest on Antalis)
Danger: more companies in trouble as Covid-19 hits the travel economy BIG TIME
Red alert to suppliers as Airbus says it is bleeding cash (and other warnings over firms in trouble)
SMEs in Shared Office Space urged to take action today over missed £1bn Cash Grant Loophole
Cash flow crisis hits those who rent a shared office space
Peer’s ’30-day’ late payment bill could boost economy by £2.5bn immediately
Lord Mendelsohn's late payment legislation delayed due to Covid-19
After the lock down: a look into the future
After the lock down: a look into ICSM Credit's crystal ball
Stationery and print firm Spicers Office Team’s future in serious doubt as buyer sort
Major concerns as 'big player' in British office and stationery supply chain in financial trouble
Gloomy report predicts half of UK’s non-food retailers could go bust by September
Retail report: non-food retailing set to collapse this summer as shopping habits change (and coronavirus takes its toll)
The Business Survivor’s Guide to the coronavirus crisis
How to get your business through the Covid-19 crisis
Latest company collapses: Virgin Australia, Le Pain Quotidian and Debenhams Ireland (but Norton Motorcycles have been rescued)
From Carluccio's to Laura Ashley - coronavirus is laying waste UK firms (even billionaire Richard Branson's Virgin Atlantic is in trouble)
Eyebrows raised over print and marketing company’s liquidation
Lock down on 23rd March and shut down on 24th as Fox's lease expires
ICSM Credit: the courts are open and firms are paying invoices – if we apply pressure
What a joke: 'I tried to get a Coronavirus Business Interruption Loan'
Covid 19: Frustration, delays and disappointment as firms denied emergency funding
Business groups say banks are too slow in processing emergency loans during crisis
Concerns mount over winding-up petitions during coronavirus crisis
Call to delay winding-up petitions as companies crash during coronavirus crisis
Print Industry survey reveals shocking financial effects on business of the coronavirus crisis
Printing presses fall silent as industry is hit by the Covid 19 shut down
Coronavirus kills off the Jewish Chronicle newspaper
Print publication calls it a day due to the covid-19 emergency
ICSM Credit’s lifeline to struggling businesses: free temporary legal letter membership
An inconvenient truth about the coronavirus crisis: companies aren't paying their invoices - but ICSM Credit has a free solution
ICSM Credit's special coronavirus newsletter
Welcome to ICSM Credit's special coronavirus newsletter
ICSM Credit News: emergency coronavirus debt crisis special bulletin
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What a joke: ICSM Credit checks out the Coronavirus Business Interruption Loan
Ian Carrotte tests the Government’s Coronavirus Business Interruption Loan Scheme – and finds it wanting
Blow to event management companies and traders as Edinburgh Festivals are canned
The features 25,000 performers - many are small businesses and sole traders
A nightmare for small businesses: Edinburgh Festival cancelled due to coronavirus
Banks are taking advantage of the coronavirus crisis
ICSM Credit's Ian Carrotte: banks are taking advantage of businesses in trouble due to the coronavirus crisis
Crunch day for employers: do they lay off staff or apply for ‘on furlough’?
ICSM Credit: as firms shut down check to see if you can furlough staff and ruthlessly chase up all your debtors
Companies permitted to trade while insolvent during coronavirus crisis
Coronavirus: company rule changes protect firms trading while technically insolvent
The fall-out from the coronavirus crisis is not just the human cost - it’s the recession to come
COMMENT: the casualties of the coronavirus crisis includes the economy (and common sense)
How to survive the coronavirus crisis
To furlough or not to furlough as firms look to survive the emergency
Chancellor’s payments for the self-employed leave many left high and dry
Financial experts explain who in the 5 million self-employed will or won't get help from the Government
Government’s Coronavirus Business Interruption Loan Scheme ‘not fit for purpose’
Ian Carrotte: Coronavirus Business Interruption Loan Scheme 'is gesture politics'
Accounts departments must chase down unpaid invoices during coronavirus crisis
ICSM: alarm bells ringing in accounts departments as customers delay paying invoices during the coronavirus crisis
Coronavirus: airlines left to fend for themselves by the Government
ICSM Credit warns suppliers of holiday firms, airlines and travel agents to 'chase unpaid invoices' as sector collapses
Coronavirus crisis: major construction projects paused but some firms continue working
ICSM Credit calls for clarity for construction industry during coronavirus crisis as 'firms could become insolvent'
COMMENT: Is shutting down the economy the best way to tackle coronavirus?
COMMENT: We may disagree with how to tackle coronavirus but don't close down free speech
Coronavirus crisis: retailers shut up shop but will they pay up?
Ian Carrotte: some retailers are using coronavirus as an excuse not to pay suppliers
Rents withheld, staff layoffs, Government grants - surviving coronavirus
Coronavirus: how different industries are coping - or closing
Print industry has survived epidemics since the 16th century
Print industry has survived epidemics before - Print Week reports on how it's coping now
As coronavirus crisis deepens don’t let bad debts kill your business
ICSM Credit's Paul Carrotte: 'use out debt collection service and get paid'
Retailing nightmare for Joules, Burberry, Next, Selfridges, Zara, Superdry: sales fall off a cliff
Coronavirus: retail crisis mounts as Zara closes its doors
More stores hit crisis point during coronavirus crisis
Ian Carrotte: more Government help needed for the crisis on the High Street as retailers struggle during the great coronavirus emergency
ICSM Credit welcomes delay to IR35 which would increase tax on some self-employed workers
Ian Carrotte: self-employed need help 'not a cut in their income'
ICSM Credit reacts to the chancellor’s £350bn package
'We need help for the self-employed and to fast track the business loans on offer'
Join ICSM Credit to protect your business during the coronavirus recession
ICSM Credit's Ian Carrotte on coronavirus: 'the genie is out of the bottle' so keep calm and carry on
Coronavirus: which companies are in trouble
Laura Ashley, Carphone Warehouse, Cycle Republic - who is next?
Hospitality sector reacts to coronavirus advice
Anger at Government advice to 'avoid pubs' as hospitality industry takes the hit
Latest companies suffering in present crisis
How to survice the coronavirus crisis
Global economic crisis unfolds as stocks fall in coronavirus panic
Companies on the brink with the economy on the slide as coronavirus panic sees cash flow drying up and businesses in a crisis
ICSM Credit gives a cautious welcome to the budget
Good news on business rates but worries over the coronavirus effect on business
Video: how to send a FREE legal letter that will get overdue invoices paid
Get your overdue invoices paid with ICSM Credit's FREE legal letters (they have a 90% success rate)
ICSM credit’s view on cynical directors who wish to dump debt
Concerns mount over phoenix operations after trade publication raises question over collapsed firm
Trade shows cancelled, orders dry up and companies on the brink
From struggling Korean Air to the cancelling of the NEC Sign & Digital show coronavirus is hitting business
Firms emerge from CVAs with changed business plans
ICSM Credit's warning that struggling firms coming out of CVAs can still collapse
ICSM Credit's News Video. March 2020
Video includes instructions for ICSM Credit members on how to send a FREE legal letter (and get paid quickly)
Despite some improvement construction firms continue to pay late
Construction industry 'has a problem with late payment'
Customers and suppliers left with nothing after Flybe goes into administration
ICSM Credit warning over coronavirus comes to pass immediately as Flybe is grounded
Luxury hotel owned by TV couple Steph and Dom of Secret Gardens fame goes to the wall
Hotel goes bust leaving staff and suppliers unpaid and guests' deposits lost
Coronavirus set to cause cash flow problems as economy takes a hit
ICSM Credit warning over cash flow problems for UK firms as coronavirus causes economic slowdown
ICSM Credit members manage to get paid just before Printed Solutions went bust
BREAKING: High Wycombe print outfit goes bust
Petition launched to demand Government action over failed motorcycle firm
Government ministers 'seduced' by sexy iconic motorbike British brand (and poured in millions of tax payers' cash) before collapse
Taylor Bloxham went bust owing the staff £1.87m
ICSM Credit: the 2018 accounts were a warning Taylor Bloxham were in trouble
Customers left with nothing after Fly365 goes into administration
Coronavirus: ICSM Credit issues warning as outbreak takes first company scalp
What's behind the rise in insolvencies? ICSM Credit has some answers
Ian Carrotte of ICSM Credit looks at the reasons behind the rise in business failures
Axminster Carpets looks set to close after no buyer comes forward
ICSM Credit's Ian Carrotte is saddened by the loss of Axminster Carpets - an 'icon of British brands'
Unsecured creditors left with £45m unpaid invoices
ICSM Credit's Ian Carrotte shocked by the mess left by defunct Bardsley
Another day another retailer in trouble: Laura Ashley on the brink
Crisis in the High Street deepens as Laura Ashley is in danger of collapse
HQ Trivia collapses and ends in live video drunken rant
The future of TV broadcasting HQ Trivia goes bust as backers pull out
China, Germany and USA are worst for late overseas payers
Chinese, German and American firms highlighted in 'league of shame' debtors
High Street retail and hospitality carnage as more businesses close in 2020
Beales, the Burger Chain and Hawkin's Bazaar go - but is it a blip?
A total of £600,000 in unpaid bills ‘unlikely’ to the paid
Haulier removed trucks and trailers before administrators arrived
ICSM Credit warning: don’t pay a debt collector up front
Struck off debt collector rips off print company
Staff made redundant the day before payday
Warnings were there as Taylor Bloxham headed for the cliff edge
American sister company of closed UK outfit files for Chapter 11
UK firm's collapse blamed on Brexit - but was it really the Yanks?
Construction, manufacturing, newspapers, motorcycles: companies crash
ICSM Credit: 'Hold on tight as 2020 looks like a bumpy year'
Foil and lamination outfit pressed into administration
Was it Brexit or losing two major accounts that caused the crash?
Company directors sentence in £3.1m fraud
Print Week report on demise of Anton Group amid 'illegal payments' fraud case
ICSM Credit issue warning to hauliers
Concerns mount over logistics and the EU as another company crashes
This year could see record company failures if trends continue
An astonishing 494,000 UK companies are in financial trouble
Perfect economic storm pushes more building firms into administration
Specialist pub refurbishment firm goes bust
Beales finally falls into administration with fears for 1,300 jobs
Beales plans to continue trading during administration following collapse
Scottish legal victory allows undervalued sale of property asset to be challenged
Insolvent firm's transport property asset was sold at almost a third of its value
Nottingham fabric swatch card firm enters administration
Economic downturn takes another scalp as 67 lose their jobs
Winning multi million pound contracts didn’t save company
Construction firm's Christmas collapse leaves contractors in the lurch
Concerns over 208 jobs as Mondi closes plants
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Mondi shuts up shop in two UK site as crisis deepens
Report into KPMG’s failed audit of Carillion delayed to the summer
Auditor suspended following the collapse of giant contract firm
Trail of debts left by TV Chef (who remains a multi-millionaire)
Trade creditors of restaurants owned by Jamie Oliver to get 'nothing'
Is January the graveyard for retailers?
The inglorious 12th of January when retail liquidations begin
Two big names consider their future
Flybe and Beales on the brink of administration
OMG It’s the first week of January and another print firm goes bust
CPG Brand Communications reported as latest industry casualty
Shortfall for defunct Plymouth printer Latimer Trend estimated to hit £4.5m
Finance Director loses £280,000 after print firm's demise
Printing firm closes after ‘five litho firms go bust’
Invoicing facility set up in June failed to turn things around
Northampton transport firm goes into administration at Christmas
Car transporter firm with Baltic connections goes bust
Pro Freight Solutions close their haulage sector (but the warehouse is still open)
