UK

Dartford-based business Aquadart has been bought out of Andover-based parent company, Croydex Group Plc, via an invoice discounting and cashflow loan deal supplied by NMB-Heller.

The popularity of factoring and invoice discounting as a financing option has continued to grow as industry turnover hit record levels for the second quarter running, revealed by figures released today by The Factors and Discounters Association (F

Professionals from three of Bristol’s leading firms have helped secure a management buy-out (MBO) at leading wetsuit company, Gul International.

In July the Department of Trade and Industry (DTI) announced new proposals to raise medium-sized company thresholds to the EU maximum.

Rules designed to prevent struggling companies from becoming insolvent came into force yesterday (15 September), to warm applause from small firms.

Dynamic Commercial Finance plc has continued to grow profitably during the first six months of 2003, producing a profit before tax of Ј87,000 compared to a loss of Ј148,000 during the first six months of 2002.

Over 1.5 million UK entrepreneurs have used The Lloyds TSB Small Business Guide since it’s first edition published in 1987

Plans by the Financial Services Authority (FSA) to require businesses to report electronically could force the closure of many small financial firms, experts have warned.

A Stratford-upon-Avon based company is set to grow into one of the biggest vegetable suppliers in its field after eating up one of its rivals in a Ј12 million deal.

On September 15, 2003, the corporate insolvency provisions of The Enterprise Act 2002 (the Act) come into force in England.