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NEWS

Increase in company county court judgments (“CCJ’s”)

News

8 March 2019:  It has been reported that there were 93,534 CCJ’s against companies in England and Wales in 2018, a 27% increase from 2017. The recording of a CCJ is, quite often, an early indication that all is not well on behalf of the recipient from a financial aspect. A CCJ will also have an adverse impact on a company’s credit rating and, at times, can lead to trading problems when looking to secure credit facilities for ongoing trade.

If you are a director of a company that is under mounting creditor pressure or receiving CCJ’s then please call any of BRI Business Recovery and Insolvency’s management team – the earlier advice is obtained the greater the options available.