The critical signs of impending business failure
In the fast-evolving landscape of the UK business environment and amid such geopolitical uncertainty, resilience and adaptability are prized assets, but even […]
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. […]
The benefits of cash flow forecasting for businesses
Cash flow forecasting should never be seen as just a financial exercise; it’s a cornerstone of business strategy and sustainability. For businesses […]
Understanding the difference between fraudulent and wrongful trading
Knowing the nuances of insolvency law is vital for Company Directors, not only for legal compliance but also for upholding professional integrity […]
Dealing with HMRC arrears
HMRC is the most common creditor for UK businesses, whether it is for payroll taxes, VAT, Corporation Tax or other less well-known […]
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 […]
What happens when Directors misbehave?
When directors misbehave the consequences can be swift and severe. Ignorance is no defence when it comes to directors’ duties. In this […]
The perils of overtrading
For many years, growth has been an overriding objective for the majority of UK businesses. Winning a big new contract, gaining a […]
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 disqualification mean for a Company Director?
Why are Company Directors disqualified? Anyone acting as a Company Director must carry on the Company’s business in a ‘proper’ manner, which […]
What is a Shadow Director and what are the legal implications
The concept of a ‘Shadow Director’ is generally only relevant when a Company is financially threatened and most often when it goes […]
What is a transaction at an undervalue?
When a Company is heading towards insolvency, the Directors’ duty to put shareholders’ interests first is replaced by an obligation to prioritise […]