Experts expect company collapses

Concern has been raised that a wave of insolvencies could be on the horizon, with the Institute of Directors warning that companies face collapse because a temporary relaxation of rules regarding directors' personal responsibility for "wrongful trading" has now ended. Michelle Thorp, chief executive of the Insolvency Practitioners Association, says she is braced for a "bow curve" of insolvencies, saying that Government support means 2,500 have probably been prevented so far. Julie Palmer, regional managing partner at Begbies Traynor, says data shows a "wall of distress", with 527,000 businesses showing signs of strain by the end of June. Begbies Traynor analysis shows there were just 778 company insolvencies in England and Wales in August, a 43% decline on August 2019.

Read more: The Sunday Times

Opening Time
Monday – Friday 9:00am - 5:00pm
Saturday – Closed
Sunday – Closed
Call Us - 020 3086 8030 
  • Sardison Capital
  • Sardison Capital
  • Twitter
  • YouTube
  • Sardison Capital

2021 All Rights Reserved. Sardison Capital is the trading style of Sardison Group Ltd.

We help businesses access business and property finance providers. Applicants must be aged 18 and over, T&C’s apply. All finance and quotes are subject to status and satisfying the funders criteria. Guarantees and Indemnities may be required. Sardison Capital can introduce applicants to a number of funding providers based on the applicants' circumstances and creditworthiness.  Sardison Capital is a Credit Broker sourcing from the whole of the market, not a Lender. 

© Copyright 2021 by Sardison Capital.

Website Designed by AVETON Design