What is the CVL process and when should it be considered?
This article provides a short guide about the CVL (Creditors’ Voluntary Liquidation) process and when should it be considered by ...
Insolvency guidance for directors if your company is in distress
As the Spring flowers continue to bloom and hopefully the heat of summer is not far off, conversely we are witness ...
Closing your company: Strike off versus Voluntary Liquidation
The impact of the last two years It goes without saying that many thousands of Companies have struggled since the beginning ...
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 ...
What to look for in an Insolvency Practitioner
Business rescue experts and insolvency practitioners (IPs) come in all shapes and sorts. When you need additional support to help ...
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 ...
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. ...
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 ...
What is insolvency?
Insolvency: The technical definition The Insolvency Act sets two benchmarks for corporate insolvency: When a company cannot pay its debts ...
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 ...