top of page


News & Insights



More than 1,000 directors banned in 2024/25
The Insolvency Service banned more than 1,000 directors in 2024/25 - the majority for Covid loan abuse. The Insolvency Service...
Optimise
4 days ago1 min read


Business closures surge to their highest level since 2021
Business closures in the UK surged to their highest level since 2021, according to latest data for Quarter 1. An analysis of insolvency...
Optimise
Apr 92 min read


February 2025 insolvency statistics
More than 2,000 companies filed for insolvency in February as economic conditions continued to bite. The number of insolvencies in...
Optimise
Mar 202 min read


Compulsory liquidations hit record high
Compulsory liquidations of UK companies hit a decade-high last year. The courts ordered 3,230 companies to stop trading in 2024 because...
Optimise
Jan 231 min read


Optimise marks its first anniversary
Optimise, the insolvency litigation and financing business launched by Provenio Litigation LLP, has marked its first year in business...
Optimise
Jan 222 min read


Insolvencies set to rise in 2025
Insolvency experts are warning that insolvencies will rise over the next 12 months. In particular, the government’s cost increases to...
Optimise
Jan 22 min read


UK economy heading for "worst of all worlds"
Revised figures show that the UK economy had zero growth between July and September 2024. Initial figures by the Office for National...
Optimise
Dec 23, 20241 min read


The Budget - key insolvency and restructuring takeaways
The Optimise team takes a look at the key insolvency related takeaways from yesterday’s Budget: Rise in employers’ National Insurance and...
Optimise
Oct 31, 20242 min read


Case update - October 2024
Optimise’s regular round-up of cases of interest to insolvency practitioners and solicitors. Webb v Eversholt Rail Limited [2024] EWHC...
Optimise
Oct 28, 20241 min read


Company Insolvency Statistics - September 2024
The number of registered company insolvencies in England and Wales was 1,973 in September 2024, 2% higher than in August 2024 (1,943)...
Optimise
Oct 23, 20241 min read


Record number of businesses plunged into significant financial distress
A record number of businesses are ‘teetering on the edge of collapse’ according to new research by Begbies Traynor. The ‘Red Flag...
Optimise
Oct 21, 20241 min read

Optimise sponsors R3 Yorkshire Business Lunch
Optimise was a proud sponsor of yesterday’s R3 Yorkshire Business lunch. The event, at The Met Hotel in Leeds, showcased the strength...
Optimise
Oct 18, 20241 min read


Optimise launches new product for sub 100k insolvency claims
Optimise - the insolvency litigation and financing business launched by Provenio Litigation LLP earlier this year - has launched a new...
Optimise
Sep 11, 20241 min read


Company insolvency levels overtake financial crisis period
More companies went into insolvency last year than in the 2008 financial crisis, according to new figures from the Insolvency Service ....
Optimise
Aug 30, 20241 min read


Insolvency Service Annual Report
The Insolvency Service’s Annual Report and Accounts for 2023-24 have now been published. Commenting on the report, Mark Goodwin, Founder...
Optimise
Aug 1, 20241 min read


Case update - July 2024
Optimise’s new monthly round-up of cases of interest to insolvency practitioners and solicitors. Hellard & Ors v OJSC Rossiysky Kredit...
Optimise
Jul 26, 20242 min read


England and Wales record second-highest level of company insolvencies since 2009
Latest figures from the Insolvency Service indicate that England and Wales recorded the second-highest number of company insolvencies...
Optimise
Jul 23, 20241 min read


£280 million Thomas Cook Pay-Out
The Official Receiver has announced plans to return £280 million to creditors of the Thomas Cook group of companies, the high-street...
Optimise
Jul 9, 20241 min read


BHS Group Case
Rowley and Wright (the joint liquidators), BHS Group Ltd (in liquidation) & ors v Chappell, Henningson, Chandler – our analysis... 𝗔...
Optimise
Jul 2, 20242 min read


Insolvencies forecast to hit 33,000 in 2024
The number of company insolvencies remains significantly higher than just a couple of years ago, according to new figures from the...
Optimise
Jun 21, 20241 min read
bottom of page