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Eurofactor (UK) Comment on their Return to Profit in...

Eurofactor (UK) Ltd, the company formerly known as Credit Lyonnais Commercial Finance Ltd, have recorded a return to profit in their accounts for the year ended 31 December 2000. A profit before tax of Ј189,000 was recorded for the year,...

#BCR Publishing#commercial finance#insolvencies

Royal Bank Of Scotland Agrees Terms To Buy Euro...

The Royal Bank of Scotland plc (“RBS”) has agreed the terms of a recommended cash offer for the entire issued…


Euro Sales Finance Records Loss Before Tax of Ј10.9million

Year end results to 30 June 2001 Euro Sales Finance (“ESF”), the pan European sales finance company, today announces its…


RBS Boosts Invoice Finance

Faster access to invoice finance is being offered electronically by Royal Bank of Scotland’s commercial services arm. Through the KeyCash…


UK Manufacturers Suffer Worst Quarter since 1991

Manufacturing has suffered its worst quarter since 1991, official figures showed, confirming that the industry has gone into recession. Although…


Euro Sales Release Draft Account Details

The board of the stricken factoring company, Euro Sales Finance plc, has today issued draft accounts for the year ended…

#BCR Publishing#funding#i


Companies Taking Longer to Pay Bills than when Legislation...

Many companies in the UK are delaying payment of their invoices as a means of bolstering their cash flow as…

#cash-flow#Jobs#late payment


DTI Records Increase in Corporate Insolvencies in Q2 2001

Statistics showing insolvencies in the second quarter 2001 are published today by the Department of Trade and Industry. Company Insolvencies…

#insolvencies#trade


Fourth Person Charged in Versailles Alleged Fraud

A fourth person was charged yesterday by the Serious Fraud Office in connection with the collapse of Versailles, the trade…


Former Versailles Executives Charged

Following their surrender today at Charing Cross Police Station, Carl Cushnie, the former Chairman and Chief Executive of Versailles, and…


City Invoice Finance Break into the Profit Zone

The annual accounts for the factoring company City Invoice Finance Ltd for the year ended 31 December 2000 record that…

#bank#invoice#small business


Prompt Payment not a Priority

League tables for over 4,000 companies published by the Federation of Small Businesses (FSB), a member of the Better Payment…

#FSB#GDP#late payment

SFO Reports Case of Alleged Defrauders of International Factors...

The Serious Fraud Office has released its annual report which this year records the completion of the case against David…

#bank#international#invoice

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