Financial stress and insolvencies saw almost double the amount of companies fall off the AIM market in 2018, which is popular for inheritance tax (IHT) planning strategies.
Accountancy group UHY Hacker Young found 16 companies were forced off the Alternative Investment Market (AIM) due to insolvency or financial stress in 2018 - almost double the nine that left the market in 2017. A total of 52 companies delisted from AIM in 2018 for reasons other than being taken over. UHY Hacker Young said increased scepticism from investors in the last quarter of 2018, which saw the market drop by 23%, made it harder for loss-making AIM businesses to raise additional monies by selling shares. "Investors are now more nervous of providing extra funding to keep some of t...
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