The creditors are coming but are you ready?
The pandemic has seen businesses given unprecedented protection from their creditors, with the prohibition of Winding Up Petitions and all forms of […]
Business investment for a brighter future
Business investment in the UK has fallen away badly during the pandemic, as the economy has been ravaged by lockdowns, restrictions and […]
What you can do about your business’s HMRC arrears
A recent report by the National Audit Office has revealed that arrears of unpaid taxes to HMRC have increased from £16bn in […]
Members’ Voluntary Liquidation: what directors need to consider
A Members’ Voluntary Liquidation (MVL) is a formal process to bring solvent companies to a close. As directors continue to reflect on […]
What happens once a WUP is issued?
Can you defend a WUP? It is possible to have a WUP set aside on a number of different grounds. The most […]
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 […]
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 […]