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Antecedent transactions: why preferential payments are a bad idea
No one wants to see their business fail. It can be a very upsetting time for any businessperson. Just as you’re coming to terms with its failure and... [Read the full blog...]Filed Under: Business Insolvency
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The Different Types of Commercial Tenancies
Very few new businesses can be operated and grown from a spare bedroom. For those that can - great. You’ll be able to keep your overheads nice and low.... [Read the full blog...]Filed Under: Business Insolvency
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The collapse of Bargain Booze… What to do if your franchisor goes bust
When companies go into administration or liquidation, the impact can be really quite devastating indeed. We recently explored the ramifications of two... [Read the full blog...]Filed Under: CVL
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What is a Members Voluntary Liquidation? What Accountants Need to Know
Executive Summary Recent HMRC changes have significantly altered the timing of tax payments during members voluntary liquidations (MVLs). This article... [Read the full blog...]Filed Under: MVL
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UK government to clamp down on insolvency misconduct
The British government are, they say, dedicated to making sure that the United Kingdom remains one of the best places on Earth to set up and grow a... [Read the full blog...]Filed Under: Insolvency
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5 lessons we can all learn from the collapse of Toys R Us
In one of our recent blogs we explained some of the major differences between liquidation and administration (liquidation is the formal closure of a... [Read the full blog...]Filed Under: Pre-Pack Administration
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What Are the Differences Between Liquidation and Administration? Understand the Advantages and Disadvantages of a Creditors’ Voluntary Liquidation (CVL)
When things start to go wrong in business, people can panic. And while panicking isn’t a fun thing to do, it can sometimes be useful. It can propel a... [Read the full blog...]Filed Under: Pre-Pack Administration