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 ...
Heading for the exit from your business? Polishing the family silver
The last two years have been the toughest most entrepreneurs can have imagined, never mind experienced. With relatively few exceptions, every ...
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 ...
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 ...
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 ...
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 ...
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 ...
Is my business insolvent?
Is my business insolvent? With the economic pressures that have been faced by UK businesses, we are not short ...