Tag Archives: Insolvencies

100,000 businesses owed money by insolvent suppliers

More than 100,000 UK businesses were owed money by suppliers or customers entering an insolvency procedure during the last year, according to research by insolvency trade body R3. In total, 113,000 businesses, about 6% of all UK businesses, were creditors in an insolvency procedure in 2015. Medium-sized businesses – those employing 51-250 people – were