Press Release: Focus Insolvency Group strengthen their growing team

Focus Insolvency Group are very proud to welcome two new members to their growing family. Kimberly Evans joined the Wigan based team in the newly created cashier role back in August and Natalie Vose came on board this week as part of the expanding voluntary arrangement department.

Kim has worked in the insolvency industry for 5 years gaining a wealth of expertise in roles that have included various corporate insolvency cases.

She brings a keen eye and attention to detail when overseeing the business’ day to day finances in her role as cashier and often supports the voluntary arrangement department utilising her experience with creditors meetings.

Kim said:  “I have really enjoyed my first few months here as cashier, I feel I have gained lot of knowledge in personal insolvency in just a few months and I am looking forward to gaining more insolvency experience as part of the this very close team.”

Working in insolvency since 2006, Natalie has gained extensive knowledge in her previous roles working in some of the North West’ other top firms. She brings to her new position experience in all aspects of the voluntary arrangement process and will be assisting the current team advising and guiding clients through the voluntary arrangement process.

Natalie said of her new role: “I am looking forward to dealing with more complex cases and broadening my experience, and also gaining a qualification in Insolvency in the near future.”

Managing Director of Focus Insolvency Group Anthony Fisher commented on the new recruits: “A warm welcome to Kim and Natalie who join us with a wealth of experience within the insolvency industry. I am confident that they will prove to be valued members of the team and will perform well in their new roles.”

For further information please contact:

Anthony Fisher, Managing Director and Insolvency Practitioner

Tel: 07940 250810 email: a.fisher@focusinsolvencygroup.co.uk

Notes to editors:

• Focus Insolvency Group provides tailored, specialist advice and guidance to Limited companies, sole traders, partnerships and individuals who are experiencing financial difficulties. Please see our websites www.focusinsolvencygroup.co.uk and www.debtproblemsuk.com for further information.
• Anthony Fisher heads the company with a wealth of experience in both Corporate and Personal insolvency. Anthony has worked within the insolvency profession for over 18 years, qualifying as an Insolvency Practitioner in 2006 and starting his own practice in 2007.
• Anthony Fisher comments on a wide variety of personal and corporate insolvency issues and is licensed to act as an Insolvency Practitioner in the UK by the Insolvency Practitioners Association.

 

Press Release – Business Insolvencies down 11% in the North West

A recent report from Experian has shown that business insolvencies in the North West of England fell by 11% in June 2012 compared to the same period last year.

The largest decrease regionally was seen in South East with 20.7% fewer insolvencies; however the West Midlands saw the largest increase with 18.2% more business failures.

SME’s were the only group to see an improvement in the insolvency figures country wide with those employing between 51 and 100 people showing the largest decrease with a drop of 35.8% of businesses becoming insolvent on the same period last year.

Larger companies didn’t fare as well with those employing 101 to 500 people seeing 0.16% failure rate compared to 0.08% the year before and those with 500+ employees saw an increase from 0.12% to 0.15%.

Overall however there has been a slight improvement on the amount of businesses becoming insolvent in June 2012 at a rate of 0.08% compared with 0.09% in June 2011.

Managing Director and Insolvency Practitioner at Focus Insolvency Group, Anthony Fisher commented:

“Whilst on the face of it these figures look good, as they indicate fewer companies are going insolvent, there is less money around and that in itself can impact on insolvency figures. If a company has no assets or cash then it effectively becomes a ‘zombie’ company until a creditor or companies house liquidates or strikes it off the register. HMR&C ‘time to pay’ arrangements have also helped to reduce insolvencies and banks are reluctant to appoint administrators at the moment due to more bad debts and costs. As the economy recoveries, it is likely that insolvencies will increase to remove the companies that are not viable.”

For further information please contact:

Anthony Fisher, Managing Director and Insolvency Practitioner

Tel: 01257 257037 email: a.fisher@focusinsolvencygroup.co.uk

Notes to editors:

• Focus Insolvency Group provides tailored, specialist advice and guidance to Limited companies, sole traders, partnerships and individuals who are experiencing financial difficulties. Please see our websites www.focusinsolvencygroup.co.uk and www.debtproblemsuk.com for further information.
• Anthony Fisher heads the company with a wealth of experience in both corporate and personal insolvency. Anthony has worked within the insolvency profession for over 18 years, qualifying as an Insolvency Practitioner in 2006 and starting his own practice in 2007.
• Anthony Fisher comments on a wide variety of personal and corporate insolvency issues and is licensed to act as an Insolvency Practitioner in the UK by the Insolvency Practitioners Association.