COMPANY INSOLVENCY ADVICE
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What happens if a company can’t afford to pay redundancy?
One of the most common queries we receive from company directors is: “If my company cannot afford to pay redundancy, what should I do?” It
How to Reduce Bad Debts in a Business
The management of debt is fundamental to operating any business. Most businesses rely on different forms of credit; maybe they supply goods or services and
What Happens to Directors of a Dissolved Company?
When a company is dissolved, it means that it has been formally closed down and removed from the Companies House register. Once dissolved, the company
Advice for Businesses with HMRC Debts
HM Revenue and Customs (HMRC) is the UK’s largest business creditor. Every business must pay taxes to HMRC, and it’s easy to end up in
What Happens to Company Assets After a Winding-Up Petition?
A winding-up order is often one of the worst-case scenarios for a business facing financial difficulties. It refers to a procedure in which a creditor
A Guide to Business Cash Flow Problems
Cash flow problems can arise at any time, and any business owner must be aware of the risk. While short-term issues with cash flow can
What Are the Effects of Bad Debt on a Company?
There are many different types of financial harm that can affect a business, but a bad debt write-off can be one of the most difficult
Can I Liquidate My Company Myself?
Many business owners look upon liquidation as a difficult and emotionally fraught process. Often, businesses are forced to close against the wishes of their executives,
Can Business Debt Affect Your Personal Finances?
When running a business, it is common to accumulate debts. In some cases, this may be a result of taking out business loans to support
Time to Pay Arrangements HMRC Debt Solution
When a business has cash flow problems or other financial problems, it may be unable to pay its debts to HM Revenue and Customs (HMRC)
My company cannot afford to pay redundancy, what should I do?
Do you have employees that have been with the company a long time? Are you worried that the costs of making them redundant is more
How to Manage HMRC Debt
So, let’s pretend for a second that your business has recently run into some problems with HMRC. You owe a large amount of debt to
