PKF Smith Cooper

Belper Leisure Centre faces closure as local councils refuse financial support.

2 May 2023 15:58

Belper Leisure Centre at serious risk of closure after almost 50 years as local councils refuse funding life-line

Charity-run Belper Leisure Centre Limited has been providing valuable services to people in the local community for 49 years, including sports and leisure facilities. The centre is also the primary PE and exam facility for Belper School and is used by several area primary schools for swimming lessons.
Should Belper Leisure Centre close, the local community will lose access to leisure and recrea

13 October 2022 12:54

Clements enters administration

Leicester manufacturing firm Clements Limited has entered administration, after appointing Midlands-based advisory and accountancy firm PKF Smith Cooper to lead the process.

PKF Smith Cooper Partners left to right: Accounts Partner Martin Gadsby, Managing Partner James Bagley, Senior Partner David Nelson

20 September 2022 11:31

PKF Smith Cooper celebrate new head office move

Leading accountancy and business advisory firm PKF Smith Cooper has moved into a new office in Pride Park in Derby, as the Midlands-based company continues its expansion.
Renovations and refurbishment with fit out specialists began in spring to transform ‘Prospect House’, c12,500 square foot and grade A office space into a modern, open plan working environment over three floors, complete with l

1 July 2022 09:00

PKF Smith Cooper announces six promotions across service lines

Midlands-based business advisory and accountancy firm PKF Smith Cooper has announced six promotions in its Derby, Nottingham and Birmingham offices, as the award-winning firm invests in team talent across service lines and continues to build its regional and national reputation.
The promoted team members are Megan Whiley (Tax Manager), Tom Joy (Corporate Finance Senior Manager), Selma Deli

Dean Nelson, Head of Business Recovery and Insolvency at PKF Smith Cooper

2 March 2022 12:15

UK companies continue to face challenges as insolvencies more than double in January 2022

January 2022 saw yet another rise in the number of corporate insolvencies, as UK companies continue to face a number of challenges on the back of the Covid-19 pandemic.
According to recently published Government data, 1,560 company insolvencies were registered in January 2022, more than double the number in the January 2021 (758). This figure is up 4.8% from 1,488 in December 2021, but similar

5 January 2022 08:30

PKF Smith Cooper announce latest promotions

Starting the year on a positive note, and effective from 1st January, the award-winning accountancy and business advisory firm announces a string of promotions across a number of divisions.
PKF Smith Cooper’s promotions across their Derby, Nottingham, and Birmingham offices follow a period of sustained, strategic growth for the Midlands firm, not only signalling its aim to continue expanding b

Michael Roome, Partner and Insolvency Practitioner at Smith Cooper

24 May 2021 11:01

The insolvency and restructuring profession saves almost 300,000 jobs and over 7,000 companies annually, with £1.82bn returned to creditors

A recent survey conducted by R3, the insolvency and restructuring trade body, concluded that in 2019, the insolvency and restructuring profession rescued 297,000 jobs, saved 7,200 companies and returned a combined £1.82bn to creditors in corporate and personal insolvency cases, shining a spotlight on the profession and the influence it has within the UK economy.
Tasked with helping companies ca

7 October 2020 15:56

Family owned East Midlands building contractor enters administration

J A Ball Ltd, a family owned building contractor based in the East Midlands has entered administration. The company officially ceased trading on Friday 25th September with 18 employees being made redundant.
Recognised as one of the region’s most efficient turn-key contractors, the Leicestershire based company, worked directly with private developers, public sector organisations and businesses t

Dean Nelson, Head of Business Recovery and Insolvency, Smith Cooper

23 March 2020 14:57

Budget 2020: HMRC confirms plans to restore its preferential creditor status in insolvency procedures

The government has confirmed its plans to reinstate Crown Preference from December 2020, despite significant feedback from those within the business recovery and insolvency profession, as well as many others who advised the proposal was problematic when it was first raised in 2019’s Finance Bill.

24 February 2020 14:40

Insolvency in the spotlight: Warning signs that a customer or supplier may be going under

The number of UK companies entering administration has been rising steadily in recent years, hitting a 5-year peak in Q3 2019 (the latest available figures).

27 November 2019 07:00

What do changes to Entrepreneurs’ Relief mean for solvent liquidations?

A solvent liquidation, also known as a Members Voluntary Liquidation (MVL), is a formal Insolvency procedure whereby shareholders of a solvent company voluntarily appoint a liquidator to wind up the company. The procedure is considered to be the most cost and tax effective way to extract shareholder value.

23 September 2019 15:06

Popular Loughborough bar and restaurant making a comeback having secured a buyer

The future of Browns Lane, a popular bar and restaurant situated in the heart of Loughborough, has been secured having obtained a buyer, and will reopen on Friday 27th September.

23 August 2019 07:00

Derby based vehicle repairs and servicing business sold out of Administration

The future of Elite Auto Centres (Derby) Limited has been secured, having been sold in a pre-packaged deal shortly after entering Administration, with the business and its assets being transferred.

25 June 2019 16:38

Children’s Education charity seeks merger or acquisition

Established in 2004 and based in Nottinghamshire, SkillForce is a national education charity that provides education programmes to 6-18 year olds in partnership with schools, whilst offering onward career opportunities to suitable candidates with an armed forces background is seeking a merger or acquisition following intense financial pressures.

11 June 2019 09:31

Award-winning accountants and business advisors appoint new Cambridge-based Director

Accountants and business advisors, Smith Cooper, are delighted to announce their expansion into the East of England, through their appointment of Ross Welham.

7 February 2019 15:33

One in every 401 UK adults entered personal insolvency during 2018

In 2018, over 115,000 individuals were declared insolvent due to unmanageable debt, an increase of over 16% from the year before, and the highest figure for 7 years.

Smith Cooper - Insolvency Team of the Year (Regional)

8 November 2018 09:28

Smith Cooper’s Business Recovery and Insolvency team scoop prestigious industry award

The Business Recovery and Insolvency team (BRIS) of leading accountancy and advisory firm, Smith Cooper, were last night named Insolvency Team of the Year (Regional) at the highly regarded TRI awards.

Bodnant Welsh Food Centre - Farm Shop (Exterior)

30 October 2018 19:16

Multi-award-winning Welsh Food Centre seeking buyer

Bodnant Welsh Food Centre (BWFC), established in 2012, is a multi-award-winning, multifaceted Food Centre which showcases the very best of Welsh food, including fresh and locally sourced meat and dairy products, and offers the best seasonal food and drink from in house specialists to local artisan producers.

Categories: insolvency