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Restructuring & Insolvency

Company Watch Newsletter Highlights our Joint Research on Care Home Finances and Insolvency Outcomes

The leading corporate financial health monitoring specialist, Company Watch has published its latest Newsletter. This showcases our joint research on two of the hottest topics in the business and lifestyle sectors. These are the worrying state of residential care home finances in the UK and the poor performance of the Administration procedure as a business rescue tool. Administration Outcomes In this

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Care Home Finances – Can You Stay Afloat?

The leading care industry magazine, Care Management Matters has published an article by our Business Risk Advisor, Nick Hood which uses research carried out by Opus Business Services to illustrate the perilous state of the finances of the UK residential care sector. When the Chancellor closed his Autumn Statement on 23rd November without making any mention of financial help for

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Analysing the Risk of Insolvency for Law Firms

The Lexis PSL Practice Management series has published an interview with our Business Risk Adviser, Nick Hood which looks at the deeply worrying state of law firm finances in the UK following research carried out by Opus  Restructuring in January 2017. Lexis PSL: What were the most surprising findings in your research? NH: The norm for the whole of the

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Accounts analysis forecasts grim future for over 500 law firms

Legal Futures reports on research carried out by Opus Restructuring using data from the financial health monitoring specialists, Company Watch, which shows that 34% of all solicitors’ practices in the UK are at risk of failing because of their financial fragility. Opus analysed the accounts of over 6,000 law firms and found that some 2,000 were in the Warning Area on

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Restructuring & Insolvency—looking ahead to 2017

LexisNexis RandI has published a review of the prospects and likely developments in the UK’s restructuring and insolvency markets in 2017, featuring the thoughts and predictions of a panel of experienced insolvency professionals. Comments by our Business Risk Advisor, Nick Hood include: “The Brexit vote is bound to have an impact, if only because of the uncertainty it has created. Litigators

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