CVR Global

CVR Global is a leading independent firm of insolvency practitioners, providing restructuring, insolvency, advisory and forensic services

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CVR Global LLP is pleased to announce that Begbies Traynor Group plc has acquired our restructuring, insolvency, advisory and forensic services firm and will now trade under the Begbies Traynor and BTG Advisory trading names. For more information - https://t.co/MMDmyX2iD4

[CVR Global @CVRGlobal]

5/5 "This year is still going to be challenging for many small business, so company directors should be taking any opportunity to build resilience into their business."

Read more: https://t.co/4zBiA4v6uN

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1/5 Tens of thousands of small businesses will receive #insurance payouts covering losses from the first national lockdown, following a court ruling.

[CVR Global @CVRGlobal]

4/5 "It’s important now for the insurance companies to pay out quickly, as this cover could now help save thousands of jobs.

"If company directors haven’t checked their policies or are unsure on whether they are covered, please seek professional advice as soon as possible.

[CVR Global @CVRGlobal]

The UK #economy shrank by 2.6% in November as England was placed in lockdown for a second time, official figures show. November's decline came after six consecutive months of growth.

More: https://t.co/tOyIpMRyJY

[CVR Global @CVRGlobal]

2/2 Topics include an update on the #credit insurance market, what 2021 may bring for the #insolvency market and a discussion on risk in insolvency and #fraud.

[CVR Global @CVRGlobal]

1/2 CVR Partner Ian Defty is pleased to be speaking at the IT Distributor & Reseller Credit Forum (DRF), hosted by @ForumsInt, this morning.

[CVR Global @CVRGlobal]

CVR Partner Ian Defty is pleased to be speaking to the #Credit Professionals Forum this morning. Giving his thoughts on a tough 2020, and where he sees business and #insolvency going in 2021.

[CVR Global @CVRGlobal]

3/3 Ian said: "As we continue through these difficult times, we will be discussing what may be the likely outcomes of both #Coronavirus and #Brexit in 2021 - for both businesses and individuals.”

[CVR Global @CVRGlobal]

1/3 CVR Global's Ian Defty is looking forward to delivering two seminars that are exploring what the future holds for the #insolvency profession during 2021.

[CVR Global @CVRGlobal]

2/3 He will be speaking at the #Credit Professionals Forum on 12 January, and the I.T Distribution and Resellers Credit Forum on 14 January.

[CVR Global @CVRGlobal]

5/5 "It's important that this latest round of funding is targeted at viable businesses, and others are signposted to an #insolvency and #restructuring specialist to minimise financial distress as much as possible."

Read more: https://t.co/3WfnVipxGM

[CVR Global @CVRGlobal]

1/5 Businesses in #retail, #hospitality and #leisure will receive new grants from local authorities - worth up to £9,000 per property - to help them keep afloat until spring.

[CVR Global @CVRGlobal]

4/5 "Inevitably though there are businesses out there that were unviable - or showing serious signs of unviability - before the pandemic that are still in existence and racking up increasing debt, partly because of government support.

[CVR Global @CVRGlobal]

5/5 "I expect to see a further surge in Solvent Voluntary Liquidations before the spring Budget, where there could be a possible increase to capital gains tax hitting the pockets of business owners further."

[CVR Global @CVRGlobal]

1/5 A record number of UK company directors have recently closed solvent businesses.

Figures from The Gazette show that 3,126 businesses voluntarily entered #liquidation in the third quarter of 2020 - a 52% increase on the same period the previous year.

[CVR Global @CVRGlobal]

4/5 "Experienced company owners who have built up resilient businesses - and wealth - over the years are understandably opting to close their business and secure their cash, rather than waiting and running the risk of losing their hard-earned money, and even running up losses.