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 […]
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 you through […]
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 […]
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 […]
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 […]
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 […]