Companies operating out of serviced offices in Northampton may be pleased to hear that UK businesses are showing a growth in strength.
The Insolvency Index from global information services organisation Experian reveals that fewer businesses failed in January 2011 compared with the same time a year previously.
Rates were down by more than 10 per cent, with the number of companies folding falling from 1,426 in 2010, to 1,266 two months ago.
Max Firth, managing director of Experian, said: "Our data also shows that the post-recession business population is beginning to increase once again, with the net number of firms trading up by one percent when compared with last January."
He added that in order to prevent becoming an organisation that fails, people need to have a good insight into financial risks.
Experian has clients in more than 90 countries and helps over 100,000 companies in the UK to manage credit problems, prevent fraud and target marketing offers
