Blog

How to deal with bailiffs

3 mins 4th August 2023

If your business is struggling financially and has big creditors, you may face bailiff action. In this blog, we’re looking at how to deal with bailiffs. Dealing with financial difficulties...

What is a director’s conduct report, and should I be worried? 

5 mins 4th August 2023

There are many aspects to think about as a director in liquidation, and many things you will need to be made aware of too. In this blog, we’re answering the...

What is a Pre-Pack Administration?

8 mins 3rd February 2023

What is a pre-pack administration? There are many reasons why a director may consider closing a limited company. Some company directors see genuine hope of recovery from financial difficulties and,...

What are a director’s duties in Insolvency?

9 mins 4th November 2022

What are a director’s duties in Insolvency? We often receive phone calls from directors who speak to insolvency firms and become worried about their duties as a director. We know...

What is a Creditor’s Voluntary Liquidation?

9 mins 11th October 2022

  What is a Creditor’s Voluntary Liquidation? Are you considering closing your business and need to find out more about your options? We’re here to help. We offer advice on...

What happens if you can’t pay an overdrawn Director’s Loan Account?

8 mins 23rd September 2022

What happens if you can’t pay an overdrawn Directors Loan Account? Dealing with company liquidation can be stressful, so we’re here to answer your most important questions. One question we...

Hidden Extras when putting a company into liquidation

4 mins 14th September 2022

Hidden Extras when putting a company into liquidation In this article, we’re telling you about hidden extras when putting a company into liquidation. We know what you’re thinking – what...

How long does liquidation take?

8 mins 8th August 2022

So, you’ve decided to liquidate your business, you’re probably trying to figure out how everything works, when things will start to happen and how is best to deal with the...

Order of Payments in Liquidation: Who gets paid first?

8 mins 29th July 2022

Order of Payments in Liquidation: Who gets paid first? When entering an insolvent liquidation for the first time, it can be hard to understand how everything works. If your business...

A guide to company voluntary liquidation

8 mins 22nd July 2022

A guide to company voluntary liquidation If your business is suffering financially, you may be worrying about what’s next and how to deal with it. The good news is that...

IR35 Close LTD Company

6 mins 11th July 2022

Many one-man and woman bands choose to operate as a personal service company, and until the IR35 tax reforms, this typically worked well. However, IR35 reforms have led to many...

Liquidation vs Administration

7 mins 19th May 2022

Closing a business is never an easy decision and it’s usually one that you’ve spent a lot of time considering before making a final decision. Usually, when dealing with an...