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Claritas Group went down owing £7m to supply chain

Construction Enquirer

A statement of affairs seen by the Enquirer ahead of the company being wound-up details debt levels across the business. The firm’s demise was confirmed by CEO and founder John Wardle who said: “To our supply chain who supported us to the end. Latest accounts for Claritas Group for the year to March 31 2022 show a £50.4m

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Proven Practices To Collect Construction Client Payments Effectively

Contractor Bookkeeping

All construction contractors have experienced bad debt's financial pain, which is defined as a customer who refuses to pay no matter what you do. Owning and operating any business, including accounting, means sometimes you provide goods and services and not get paid. Knowing The Answers Helps.

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Construction Bad Debt What To Do About It

Contractor Bookkeeping

All construction contractors have experienced the financial pain of bad debt which is defined as a customer who refuses to pay no matter what you do. Owning and operating any business including accounting means sometimes you provide goods and services and not get paid. Knowing The Answers Helps. Answer #2 - The Two Percent Rule.

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Millennial Buyers Are Flooding the Housing Market

Pro Builder

Millennials are overtaking baby boomers to become the largest US adult population with a growing number of first-time buyers. In 2020, millennials accounted for more than half of all home-purchase loan applications after surpassing baby boomers to become the largest living adult generation in the US.

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Acquisitive RSK looks to raise £500m through stake sale

Construction Enquirer

This would supplement around £500m from its debt finance provider Ares Management building a £1bn takeover war chest to fund an acquisition spree. “Ares has been an exceptional partner to us and I look forward to carrying on that relationship as we bring in new investment.” 2018: revenue doubles to £147m; pre-tax loss £9.3m

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Xero Accounting Online Setup Errors Fixed Fast And Easy!

Contractor Bookkeeping

Did You Have Trouble Setting Up Xero Accounting Online? You are not alone, it is an accounting program built to satisfy the needs of accountants with an attempt to make it easy for non-accountants. Xero Accounting Online Setup is not as complicated as QuickBooks setup projects. Set up your Chart of Accounts.

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Millennials Are a Driving Force for the Market's Rebound

Pro Builder

Early last year, Millennials became the first group to account for more than half of all new home loans. And it helps that the group is now the largest living adult generation in the US. . “We From 2015 to 2019, the amount of Millennial homebuyers jumped by 32%.

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