Insolvency Report

Who they were, what they did, who to contact

The Insolvency Report provides an invaluable tool in giving early notice of recently liquidated companies and those in financial difficulty. Along with the companies' name, the Insolvency Report provides crucial contact information for the practitioner who is handling the insolvency. This information is vital in registering an interest to either buy out a company, seek information on when their assets will be available, or to register an interest in any insolvencies which the practitioner may be handling in the future.

The Insolvency Report publication

The Insolvency Report contains comprehensive weekly listings of official UK insolvent company notices including:

• Liquidations - The process in which a company is bought to an end, and the assets are redistributed.
• Administrations - An alternative to a company going into Liquidation is to go through Administration. This allows the company to carry on trading however an Administrator is charged with acting out decisions on the company.
• Receiverships -This is a procedure in law where a creditor places security over companies' assets to ensure that a debt is repaid.
• Wind-up Petitions - Similar in many ways to liquidations, a winding-up petition is ordered for companies who have defaulted on debts, and creditors are asking the courts to wind them up in order to get paid. The Insolvency Report lists the dates of the hearing for these petitions and also where they will be heard.

As with the Auction News weekly publication, all listings found in the report are available for viewing online at the click of a button. Tied into this, subscribers also receive daily email notifications* to ensure they have the most up to date listings as soon as they are available.

* Gold or Silver subscriptions only