A creditor threatens you with a Winding Up Petition: What next?
One of the government’s first moves to help businesses at the start of the pandemic was to ban the use of Winding […]
What is insolvency?
Insolvency: The technical definition The Insolvency Act sets two benchmarks for corporate insolvency: When a company cannot pay its debts as they […]
Coming out of chaos: What about business owners?
The mainstream and business media have been overwhelmed with stories and commentary on the havoc the Pandemic has wrought with businesses great […]
Bounce Back Loan Scheme – Do you have enough financial support?
Government financial support schemes during Covid pandemic The Self-Employment Income Support Scheme was first brought in by the Government in response to […]
Insolvent Liquidation?
What happens when a company goes into insolvent liquidation It is a time of great uncertainty and confusion as a company heads […]
What is Pre-Pack Administration?
A ‘Pre-Pack’ Administration is governed by the same rules and statutory requirements as the more traditional type of Administration, but with one […]
Considerations when restarting after business failure
Can I start a new company after a business failure? Businesses fail for all sorts of reasons, some within the control of […]
Planning for Covid-19 business survival – without taking on more debt!
Putting business survival first Much support from government is centred around businesses taking on additional debt to get through the crisis. We […]
CORONA ISSUES – Cash flow challenges
Maximising cash flow has never been more important Business owners are currently or likely to be facing major cash flow challenges. The […]
How do I close my company?
You may either be considering, or indeed be forced into a business closure without necessarily being sure of the correct process for […]
Is my business insolvent?
With the economic pressures that have been faced by UK businesses, we are not short of news about businesses failing. Many companies […]