Redundancy and Restructuring
According to recent research, the last three months has seen the biggest quarterly jump in UK companies in financial distress since 2017. In fact, as a... [Read more...]Filed Under: Redundancy
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Can I liquidate my company if I have a Bounce Back Loan?
With the COVID-19 pandemic wreaking havoc on the global economy, the Bounce Back Loan Scheme (BBLS) was introduced in May 2020 as a lifeline to help... [Read more...] -
Struggling with cash flow? These 10 tips will solve your cash flow problems
Cash flow is the term used for the incomings and outgoings of a business over a certain period. It’s basically the movement of money in and out of a... [Read more...]Filed Under: Business rescue
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5 Signs Your Company May Need Business Debt Advice
One of the biggest questions people ask me is what the most common signs of insolvency are that I see from a director’s point of view. Although a wide... [Read more...]Filed Under: debt advice
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Our ultimate cost-cutting guide for your company
The COVID-19 pandemic has had a huge effect on businesses all over the world - and if your business is struggling as a result, it’s important to take... [Read more...] -
A quick guide to redundancy payments for company directors
If you’re the director of a company, you’ll no doubt have experience in dealing with employees and employee law. While you may or may not have had to... [Read more...]Filed Under: Redundancy
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Administration and liquidation: who gets paid first?
When a business fails, it’s often because it can’t pay its debts. Those that it owes money to are called creditors - but when dealing with creditors... [Read more...] -
How to negotiate a Time to Pay with HMRC
If you are self-employed and unable to pay your taxes on time, one possible option is negotiating a Time to Pay with HMRC. Put simply, a Time to Pay... [Read more...] -
The lowdown on directors’ responsibilities
When you become a company director you take on a whole new set of responsibilities. Directors are effectively the agents of the company, appointed by the... [Read more...]Filed Under: Business Insolvency
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IVAs explained: everything you need to know
It’s not uncommon for small businesses to face financial difficulty. However, when a business is struggling, it can be really difficult for sole traders... [Read more...]Filed Under: Insolvency