Who gets paid first in a liquidation?
When a company goes into Liquidation, one of the challenges facing the Insolvency Practitioners (IPs) dealing with the case, is explaining to […]
Challenges faced by companies in the scale-up phase
Companies focused on R&D for growth Across the innovation economy, a clear pattern is emerging: a rising number of R&D-intensive companies are […]
Business challenges? Delaying taking action is never the right strategy
When it comes to business rescue, any insolvency professional will be able to relay a number of cases where they could have […]
The perils of selling assets at an undervalue
A recent case published by the Insolvency Service has highlighted the fate that can await directors who play fast and loose with […]
Thinking about liquidation? Here are some points to consider
For many business owners, if they are thinking about liquidation, the decision to liquidate is one of the toughest they’ll ever face. […]
What does insolvency mean for Retention of Title rights?
In the absence of any other agreement, the default position under commercial law (the Sale of Goods Act) is that the ownership […]
Creditor pressure on struggling businesses
When the economic outlook darkens, suppliers and service providers know that credit risks increase and the prospect of bad debts hitting their […]
What does receiving a Freezing Order mean for a company?
Fortunately, few Companies and their Directors find themselves on the wrong end of a Freezing Order, which was originally known as a […]
What are a business’s rights with HMRC Enforcement Officers & Bailiffs
Keeping on top of VAT, PAYE and other tax liabilities This is one of the key stresses for a business struggling with […]
SMEs caught in the crosshairs of the Budget tax rises
Every month, we analyse the finances, challenges and prospects of a key sector in the UK economy, and every time, the research […]
The late payment scandal
In August 2024, receivables software experts, Upflow published research suggesting that well over half (57%) of outstanding B2B invoices are overdue and […]
Proactive Measures for Directors to Safeguard Their Position in the Event of Insolvency
As a director, anticipating and preparing for financial instability is crucial to protecting both personal and corporate interests. Even without immediate signs […]