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[sunshine today] 28/4/2020 08:56

UK company insolvency statistics for 2019
The 2019 company insolvency stats for England and Wales have been published by The Insolvency Service, alongside UK insolvency statistics for October to December 2019 (Q4).

2019 Company Insolvency Statistics
Company insolvency statistics for England and Wales 2019

In 2019, total underlying company insolvencies increased to their highest annual level since 2013.
This was driven largely by an increase in underlying creditors’ voluntary liquidations, which reached their highest annual level since 2009.
Administrations increased in 2019 compared to 2018, while compulsory liquidations decreased, and company voluntary arrangements were flat.
The company insolvency statistics for 2019 showed that there were 17,196 underlying company insolvencies in 2019, a 6.8 per cent increase on 2018 and the highest level of underlying insolvencies since 2013.

[cravencottage] 27/4/2020 21:53

Any ideas on profit/ EPS expected this year

Cheers

CC

[sunshine today] 27/4/2020 20:34

BAG is getting all the press attention because they have been around years, the investment community have yet to discover FRP.

[jeanesy] 27/4/2020 20:21

Looks like some took profit today. I did the samr some whilre back at BEG . Looks like i made a mistake doing so there. I am not going to make the same mistake here.

[eeza] 27/4/2020 18:44

But it enables the smaller zombies to stagger on.

[sunshine today] 27/4/2020 18:21

My take on the new £50,000 loan scheme.A large number of small companies will not want to take on more debt under any circumstances.The ones that do, will be split between the ones that need money to live on, and the ones that might still be around in years to come. It’s pretty obvious that the government will never see a large part of the debt ever repaid.I would take the cash and then go bust if trading does not improve.The worst thing would be to burden yourself with the new debt just through paying your existing company invoices or staff.I can see criminality creeping in through the back door.It does put money into the supply chain and might be the only cash some businesses ever see again.

[discodave4] 27/4/2020 13:32

daneswooddynamoThink it hit 20p in 2011, so 3 afters after its 2008 high.

[sunshine today] 27/4/2020 12:46

Correction I only went back the five years on the chart.

[daneswooddynamo] 27/4/2020 12:28

Err I think you will find beg was trading in the 180s in 2008. Shares then went to 20p!

[sunshine today] 27/4/2020 12:24

BEG hits an all time high today after investors chronicle tip

[sunshine today] 27/4/2020 10:09

The MM are doing a roaring trade after filling a large buy order at £1.23P on Friday.
They are in it to make a profit.

[melody9999] 27/4/2020 10:05

Added a few more today at 110.8p. We know the business is trading well ....so I am buying the dips.

[sunshine today] 27/4/2020 09:25

BEG and FRM have year ends this week. Trading statements are likely to follow next week.
Last year BEG released an RNS on 7th May.They will create interest from different quarters. The market itself is ripe for another downward lurch as the virus implications sink in for businesses.

[jm65] 27/4/2020 09:15

Yes, I'm in there too, also MANO, but neither have really performed amazingly :-(

[eeza] 27/4/2020 09:08

BEG attracting most attention, atm.

[jm65] 27/4/2020 09:03

Indeed, which is a surprise to me as this seems an obvious direction to head in in the current climate. I'm guessing any extra profit won't show for a year or so?

[eeza] 27/4/2020 08:59

SP not sharing your sunny disposition, however.

[eeza] 26/4/2020 20:15

FRP is one of Stephen English's picks. Mentioned at around 29 mins into the webinar.



hxxps://www.piworld.co.uk/2020/04/10/stephen-english-webinar-a-plague-on-all-our-houses-how-to-repair-some-of-the-damage/