Over Half a Million UK companies in financial distress
Posted in CCJ, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debts, financial distress, Late Paying Client, Late Paying Customer, Late Payment, NHS
A recent survey from redflaghalert has suggest that there has been a significant increase in businesses experiencing critical distress; 2,289 companies are now in this category. Between Q4 2019 and Q1 2020, the increases in certain sectors have been dramatic: Bars and restaurants: +37% Real estate and property: +21% Construction: +11% Retail: +8% Manufacturing: +8%…