McLaren Insolvency Practitioners

31/01/2025

The latest figures show that construction firms accounted for 17% of all Insolvencies in November 2024 - https://www.credit-connect.co.uk/news/construction-sector-accounted-for-17-of-business-insolvencies-in-november/

If your firm is struggling to keep trading, reach out to our team to see how we can help

Latest data from the Insolvency Service has found that the construction sector experienced the highest number of insolvencies by business sector in the 12

06/01/2025

A record amount of Retail stores are expected to close this month - https://www.credit-connect.co.uk/news/record-retail-shop-closures-forecast-for-2025/

If your store is struggling to continue trading, get in touch with our expert team to find out your options.

The retail sector is braced for a challenging year, with a record 17,349 shop closures forecast for 2025, according to the Centre for Retail Research. If

04/01/2025

Meet the team - https://mclareninsolvencypractitioners.com/meet-the-team/

Our dedicated team have over 100 years of combined Insolvency experience. Get in touch if you are considering liquidating your company

Meet The Team We know financial distress can be overwhelming. You might not know what options are available to you. McLaren Insolvency are here to provide expert advice to help you find the business solution which is most appropriate for your business.

01/01/2025

Happy New Year from all the team at McLaren Insolvency

25/12/2024

Happy Christmas to all of our followers from all the team at McLaren Insolvency.

19/12/2024

An interesting article from our Insolvency Director George Lafferty - https://mclareninsolvencypractitioners.com/on-trade-scotland-challenges-solving-headaches-and-positive-futures/

If you're considering your company options get in touch today to find out how we can help

Since the end of the COVID-19 pandemic, licensed retailers have faced significant challenges. These included: changing customer spending habits; Low Emission Zones; alcohol duty versus competitive pricing; spiralling utility costs; rising staff expenses; and increasing overheads. Public transportati...

19/12/2024

https://www.credit-connect.co.uk/news/insolvency/business-insolvencies-increase-by-13/

Business Insolvencies increased by 13% in November. Many companies are struggling to make it through the Christmas period. Get in touch today to find out how we can help!

Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales was 1,966 in November 2024,

18/12/2024

https://www.thegazette.co.uk/all-notices/content/104307

Key points from The October Insolvency statistics

In October 2024 there were:

1,445 creditors’ voluntary liquidations (CVLs)
188 compulsory liquidations
100 administrations
12 company voluntary arrangements (CVAs)
2 receiverships

If your business is struggling and you need Insolvency advice, our team has over 100 years of combined experience.

With 3 Inhouse Insolvency practitioners, our team is on hand to help with all inquiries.

Get in touch

The October 2024 company insolvency stats for England and Wales have been published by The Insolvency Service, together with related figures for S...

03/12/2024

Scottish Insolvencies are on the rise - https://www.credit-connect.co.uk/news/scottish-business-insolvencies-increase-by-18-2/

Our expert team based in the heart of Glasgow City Centre have over 50 years of combined experience in company liquidations. Get in touch to see how we can help

Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies increased by 18% In October 2024, there were 116 business

26/11/2024

https://www.credit-connect.co.uk/news/one-in-ten-restaurants-face-imminent-risk-of-closure/

An alarming amount of restaurants are facing the prospect of closure.

If you own a restaurant and have concerns about meeting creditor liabilities speak to our expert team to find out your options

More than one in ten (12%) restaurants are at imminent risk of closure as their financial position has worsened over the last 12 months, according to an

08/11/2024