First Quarter Insolvency statistics for England and Wales

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First Quarter Insolvency statistics for England and Wales

(MoneyNewsWire.Net, May 13, 2015 ) London, UK -- Interestingly, whilst the total number of Creditors Voluntary Liquidations has dropped to its lowest since the second quarter of 2008, the total number of Compulsory Liquidations showed signs of increase. At this stage this is most likely to be a blip in the data, however should this trend continue it may suggest a shift in the attitude of company directors, with an increasing number preferring to allow the company to enter Compulsory Liquidation rather than take recovery action, or a lack of awareness regarding the alternative options available.

Wilson field Ltd

Wilson Field

0114 2356780

contactus@wilsonfield.co.uk

Source: EmailWire.Com

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