Call us on our free phone number 0800 587 0093

Legal Service Finder

People Finder

Search AG


My Ashton KCJ Bookmarks

Currently no favourites bookmarkedAdd this page to FavoritesCharacter limit exceeded! Limit:To delete the bookmark click on the title and drag out.Bookmark already exists!Custom titleDescriptionPlease fill in all required fields!  
100smoothness

Warning: Invalid argument supplied for foreach() in /home/ashtonkc/public_html/modules/mod_cd_fapa/tmpl/default.php on line 56
Harsh winter 'could increase insolvency risk for UK firms' /resources/news/insolvency/1343-Harsh-winter-could-increase-insolvency-risk-for-UK-firms

Home > News & Resources > News > Insolvency > Harsh winter 'could increase insolvency risk for UK firms'
Harsh winter 'could increase insolvency risk for UK firms'
Companies across the UK could see their business come under increasing threat of insolvency because of the recent heavy snowfall, according to an expert.

Phil Meekin of business recovery firm Wilson Field has warned that disruption caused by a fortnight of treacherous weather could prove fatal to many companies already struggling as a result of the recession.

He told Fresh Business Thinking that many retailers have been unable to capitalise on post-Christmas spending as a result of the icy conditions, while farmers have seen their crops badly affected.

Mr Meekin also cited transport network problems as a further issue, as poor road conditions have hampered companies' ability to receive stock and send out cheques.

The expert added: "While many businesses will recover sales as the weather improves, others such as pubs and restaurants … never recoup the lost sales."

Last month, accountancy firm Woods Squared estimated that as many as 130,000 businesses across the UK are currently in danger of insolvency due to poor economic conditions.ADNFCR-2347-ID-19554727-ADNFCR
 

Lawyers and Solicitors in Norfolk, Suffolk and Cambridgeshire – Legal services for you, your family, your business

Commercial Legal Services include: Agricultural Services, Commercial Property, Corporate Legal Services, Commercial Debt Recovery, Dispute Resolution, Employment Business, Insolvency, Licensing and Professional Negligence.

Personal Legal Services include: Court of Protection, Dispute Resolution, Elderly Client Services, Employment Individual, Family Law, Powers of Attorney, Residential Property, Tax and Wills, Probate and Trusts

Injury Legal Services include: Personal Injury and Medical Injury

French Legal Services include: French Litigation Assistance, French Matrimonial Transfers, French Property Legal Advice, French Wills and Succession Issues and French Inheritance Tax.

 

Ashton KCJ Offices Bury St Edmunds Cambridge Felixstowe Ipswich Norwich Thetford

SRA Number   45826   |   VAT Number   GB 119 7229 03