Award-winning transport company placed into liquidation

Nighthawk has closed the doors after 40 years servicing NTcommunities. Image: Nighthawk Transport Marlu Transport Solutions, trading as Nighthawk Transport, has been placed into liquidation less than two years after taking over the keys to the busy NT operation. After entering voluntary administration on February 9, Nighthawk had continued trading for a short time but…

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Restructuring Plans: What’s Next for Smaller Enterprises?

Restructuring Plans (RPs) under Part 26A of the Companies Act 2006 have been a lifeline for financially distressed companies since their introduction through the UK’s Corporate Insolvency and Governance Act 2020.  RPs enable businesses to renegotiate debts with creditors and shareholders and offer a court-approved mechanism to avoid formal insolvency. However, to date, for many…

Business insolvencies increase by 2%

Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales increased by 2% in April 2026 compared to the previous month rising to 2,085 from 2,037. April’s figure was 3% up on the same month in 2025. The data showed that there were  2,085 business insolvencies. The…