The Insolvency Service released its latest figures for company insolvencies in the UK in April 2025. The number of registered company insolvencies in England and Wales was 2,053 in April 2025. This figure is 3% higher than March 2025 (1,996) but 5% lower than the same month in the previous year (2,163 in April 2024).
May 2025
Managing credit risk is crucial in today's competitive and uncertain economy. Delayed payments and defaults can significantly impact cash flow and profitability. Whether you're a small business or a multinational corporation, understanding credit risk is essential for financial health and long-term stability.
May 2025
The Insolvency Service released its latest figures for company insolvencies in the UK in March 2025. The number of registered company insolvencies in England and Wales was 1,992 in March 2025, which is 2% lower than in February 2025 (2,032) but 9% higher than the same month in the previous year (1,826 in March 2024).
April 2025
As the global economy grapples with geopolitical shifts and protectionist policies, UK businesses are again under additional stress as the Trump administration unveils a sweeping 10% tariff on most UK imports. A separate 25% tariff has been introduced on steel, aluminium, and vehicles—sectors often caught in the crossfire of transatlantic trade tensions.
April 2025
The Insolvency Service released its latest figures for company insolvencies in the UK in February 2025. The number of registered company insolvencies in England and Wales was 2,035 in February 2025, 3% higher than in January 2025 (1,978) but 7% lower than the same month in the previous year (2,188 in February 2024).
March 2025
Effective credit control is crucial to the success of any business. The first objective is to avoid late payments or non-payment of monies your business owes or is owed to you. Our guide provides valuable information for businesses of all sizes. Effective credit control management is crucial for reducing credit risk, minimising debtor days, and improving cash flow.
March 2025
At CoCredo, we acknowledge and celebrate our team members' hard work, dedication, and outstanding contributions. We are excited to announce that Mike Padmore has been honoured with our prestigious High Five Award for his exceptional performance and unwavering commitment to excellence. About CoCredo's High Five Award The High Five Award is presented to individuals who go above and beyond by showcasing exceptional skills, a positive attitude, and a commitment to making a difference.
March 2025
The Insolvency Service released its latest figures for company insolvencies in the UK in January 2025. After seasonal adjustment, the number of registered company insolvencies in England and Wales was 1,971 in January 2025. This represents a 6% increase compared to December 2024, when there were 1,852 insolvencies, and an 11% increase compared to January 2024, which reported 1,780 insolvencies.
February 2025
CoCredo, a leading provider of business credit checks and reports, is excited to announce the launch of its advanced Hotlist Dashboard on our D.N.A (Dynamic Notification & Analysis) Risk Index & Credit Management Tool. Your dashboard built around you We are excited to unveil our newly enhanced Hotlist Dashboard, a direct result of the insightful feedback we gathered during our recent Working Better Together forums.
February 2025
CoCredo is delighted to have won the "Technology Development" award at this year's CICM British Credit Awards 2025 held at The Royal Lancaster Hotel, London, on 6th February 2025 The British Credit Awards celebrate the remarkable achievements of exceptional individuals, teams, and organisations within the credit and collections industry, both in the UK and globally.
February 2025
The research conducted by AAG in 2022 revealed that 39% of UK businesses experienced cyber-attacks (particularly over the Christmas and New Year period), resulting in an average cost of £4200. However, this also highlights the need for businesses to invest in cybersecurity measures and stay updated with the latest security protocols to mitigate these risks.
January 2025
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