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 to […]
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 of […]
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 […]