Help, ideas, feedback and news about company credit reports and accounts.
"If you don't know a potential customers credit history, there's a risk of being paid late or not being paid at all."
I'd actually say that it's worth checking any business that appears in your supply chain as the cost of getting insightful, up-to-date credit and financial information is far lower than not being paid for your products or services.
And so that you never miss a thing about the companies that matter to you, our free monitoring service will update you via email of any filing or credit changes.
Not just any fall in profit and sales, this is a Marks & Spencer fall in profits and sales (08/11/2011). I know the new tag line is “Your M&S” but I just couldn’t resist!
The retailer blamed a “challenging economic environment” for its 8% drop in sales for the six months to 1 October 2011 compared to the same period last year. With clothes lines and other products in decline, food remains the only area of growth.
You can view our latest credit report and financials for M & S here.
With much more encouraging news, Jaguar Land Rover announced (10/11/2011) that they are to create 1,000 at their Land Rover plant in Solihull. This represents a plant workforce increase of 25%.
In September the company announced that they would be creating 750 new job at a new factory near Wolverhampton building low-emission engines.
To see our latest full report for Jaguar Land Rover click here.
Nice short post, just passing on the latest figures from Companies House in terms of newly incorporated companies across the UK for October 2011.
| England & Wales | ||
| October | Last Year | % Change |
| 35,659 | 30,861 | 15.5 |
| Scotland | ||
| October | Last Year | % Change |
| 1,826 | 1,604 | 13.8 |
| Northern Ireland | ||
| October | Last Year | % Change |
| 452 | 306 | 47.7 |
The UK insolvency service on the 4th November published its insolvency statistics for the third quarter of 2011.
On a seasonally adjusted basis, there were 4,242 compulsory liquidations and creditors’ voluntary liquidations in total in England and Wales in the third quarter of 2011. This was an increase of 0.1% on the previous quarter and an increase of 6.5% on the same period a year ago.
This was made up of 1,203 compulsory liquidations, which are down 6.6% on the previous quarter and up 5.7% on the corresponding quarter of the previous year, and 3,039 creditors’ voluntary liquidations, which are up 3.1% on the previous quarter and up 6.8% on the corresponding quarter of the previous year.
