Company Liquidations Fall in Q4

Official figures just released show the number of liquidations in England and Wales during the fourth quarter of 2006 fell by 1.4% compared to the previous quarter. 
Of the total of 3,194 …

By
2nd February 2007 at 10:08 am

Official figures just released show the number of liquidations in England and Wales during the fourth quarter of 2006 fell by 1.4% compared to the previous quarter. 

Of the total of 3,194 liquidations, however, 1,411 were compulsory – a rise of 4.9% on Q3 and of 9.7% compared to the same period in 2005. 

Mixed messages, but with many economists still anticipating higher interest rates this year, small businesses with borrowing commitments may find repayments more difficult.  Expect insolvency figures to rise during 2007.

#646464

Alex is the founder and editor of SmallBizPod, the UK's first podcast dedicated to small business, start-ups and entrepreneurship. Alex writes about topical small business issues, entrepreneurs and anything else that catches his eye here on the small business blog. http://www.smallbizpod.co.uk

comment on start-up tips

Commenting Is Easy

Do you agree with this blog post? Disagree? Have something to add that others might find helpful? Then please leave a comment in the box below.

If you'd like to have your image included next to your comments here, then you can set yourself up with an avatar in just a couple of clicks.

Leave a comment

Photostream

Listen to the sales podcast for SMEs Subscribe to the podcast on iTunes

PARTNER PROMOTIONS

If looking to boost your businesses performance with promotional marketing, travel incentives or incentive schemes get it touch with NDL Group