A Winding-Up Petition can have a detrimental Impact on a company and with the number of Compulsory Liquidations rising it’s important to understand the processes, risks and consequences of Winding-Up Petitions. In this segment, Emma Reilly FCICM and Alison Beard delve into the details of disputed balances and what factors to consider before initiating a petition.… Continue Reading
In the domain of credit management, understanding winding-up petitions is essential for safeguarding your company’s financial health. We’re pleased to bring you this series on Winding-Up Petitions & The Consequences They Can Have On A Business. This series delves into winding-up petitions, outlining the process and consequences of potential compulsory liquidation. Join us as we […]… Continue Reading
The Economic Crime and Corporate Transparency Act aims to enhance data accuracy on company registers to combat economic crime and boost confidence in the UK economy. It introduces new objectives and powers for the Registrar of Companies, including ensuring document compliance, accurate register information, and preventing unlawful activities Purpose of the Act:The Economic Crime and […]… Continue Reading
Philip King FCICM, a renowned figure in credit management, recently joined Top Service Ltd, drawn by the company’s exceptional team and supportive environment. Philip describes Top Service in three words: Passionate, knowledgeable and committed.… Continue Reading
Retention of Title (ROT) clauses can provide essential protection for credit managers in the construction industry, but navigating their complexities and limitations is crucial. Join us on 4th September, 10:00 AM – 11:00 AM, for an in-depth discussion with our expert panel. 🎙️ Meet the Speakers: Emma Reilly FCICM – CEO, Top Service […]… Continue Reading
Emma Reilly, FCICM, CEO at Top Service Ltd & Credit Expert: We’ve achieved a thrilling 16% increase in our trading experiences! Discover why sharing information is crucial to our success and get ready for some exciting announcements.… Continue Reading
For the first 6 months of 2024, Top Service has experienced a 16% increase in trading experiences submitted by it’s members. Demonstrating the importance of sharing this type of information and the value the information holds for credit managers and anyone assessing risk levels in the construction industry. Emma Reilly, CEO – Top Service Ltd […]… Continue Reading
The Insolvency Service has published the latest figures for June 2024, offering a detailed overview of the insolvency landscape in the UK. Here’s a breakdown of the numbers: Registered Company Insolvencies Breakdown: In June 2024, a total of 2361 company insolvencies were recorded, with the following distribution: 📈 1866 Creditors’ Voluntary Liquidations 🚫 302 Compulsory […]… Continue Reading
What is a Notice of Intention? A Notice of Intention (NOI) is filed either by a company, its directors or a floating charge holder (usually a bank) outlining that they wish to enter the company into Administration if an immediate solution to the company’s financial problems cannot be found. The notice which is filed at […]… Continue Reading
We are thrilled to announce the appointment of Philip King FCICM as a Non-Executive Director at Top Service, effective July 1st. Philip brings a wealth of experience in the credit management industry. After starting his career in the construction sector, Philip spent 14 years as Chief Executive of the Chartered Institute of Credit Management, and […]… Continue Reading
