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
The Insolvency Service published the most recent figures for UK company insolvencies in December 2024. After seasonal adjustment, the number of registered company insolvencies in England and Wales was 1,838 in December 2024, 6% lower than in November 2024 (1,962) and 14% lower than the same month in the previous year (2,139 in December 2023).
January 2025
Financial management is a key part of any successful business, so it's essential to get it right. With the emergence of AI technology, many companies are turning to new, innovative methods to collect data and track their money with optimal efficiency and ease. For business owners, adopting AI-driven tools goes far beyond simple automation –...
January 2025
The Insolvency Service published the most recent figures for UK company insolvencies in November 2024. In November 2024, there were 1,966 registered company insolvencies in England and Wales. This figure represents a 13% increase compared to October 2024, which recorded 1,743 insolvencies. However, it is also 12% lower than the 2,243 insolvencies reported in November 2023.
December 2024
As we approach the festive season, we would like to express our heartfelt gratitude for your unwavering support throughout 2024. We are delighted to share our special opening times to make this Christmas season more convenient and enjoyable for our valued customers. 2024 was a remarkable year, thanks to the support of our fabulous customers and corporate partners.
December 2024
CoCredo is delighted to be a finalist at this year’s CICM British Credit Awards in the “Technology Development” Award. 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.
December 2024
The Insolvency Service published the most recent figures for UK company insolvencies in October 2024. The number of registered company insolvencies in England and Wales was 1,747 in October 2024, representing a 10% decrease from September 2024 (1,950) and a 24% decline compared to the same month in the previous year.
November 2024
Losing a client to insolvency is always challenging. Lost revenue can impact business projections, leading to staff cuts, loss of profits, and curtailed growth. However, the threat is even more significant if you invoice your customers or have extended credit to them. If a customer declares insolvency and owes your company money, you may not recover the debt.
October 2024
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