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Restructuring & Insolvency

Severe stress in construction sector supply chain

A key market: The construction sector The construction sector is one of the UK’s most vital markets. Its importance in terms of its contribution to the efficient working of the economy far outweighs its 6% share of GDP. It employs some 2.3m people of around 7% of the total workforce. Strong initial bounce back in the pandemic After being badly

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Opus opens new Preston office with local Partner

Continuing its commitment to businesses in the North West of England Opus Business Advisory Group’s continues its commitment to supporting business with local expertise, opening a new office in Preston, Lancashire. Insolvency Practitioner, Ian McCulloch joins Opus Restructuring & Insolvency to lead this dedicated office. A corporate insolvency professional specialising in SME liquidations and administrations, Ian has over 17 years’

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Opus is now an ABTA Partner

Opus Business Advisory Group is pleased to announce it has become an ABTA Partner with ABTA travel association. ABTA has been a trusted travel brand for 70 years, offering advice and guidance to the travelling public, as well as leading the travel industry in supporting high service standards and promoting responsible tourism at home and abroad. The travel industry has arguably been the

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Personal guarantees: When liability isn’t so limited

The concept of limited liability is not new. English law granted this status to monastic communities and trade guilds as early as the 15th century and the protection was extended more generally by the Limited Liability Act of 1855, despite fears expressed at the time that it would lower standards of commercial behaviour. Over the past hundred years, the idea

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Applying to be struck off when you have financial trouble?

In the first quarter of 2021, there were a record 39,601 applications by companies to be struck off the register at Companies House, a startling increase of 843% on the same quarter in 2020. Some of these will have been the normal dissolution of businesses past their sell-by date or where the owners are retiring or moving on to another

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Opus strengthen Scottish presence with new Partner in Edinburgh

George Dale, a prominent member of the Scottish restructuring and insolvency community, has joined Opus Restructuring & Insolvency as a partner for the new Edinburgh office. Opus established an initial presence in Scotland, with the appointment of Mark Harper as partner, earlier this year. George will open an office at 23 Melville Street, Edinburgh in mid-July with a view to

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