Company Closure

What can my employees claim if I liquidate my company?

4 mins 31st October 2023

So, your business is struggling, and you’re unable to pay your staff’s wages? Understandably, you’re worrying. In this blog, we’re answering the question, what can my employees claim if I...

Pros and cons of administration

4 mins 16th August 2023

Administration is one of the options available to limited companies when they’re struggling financially. It’s important to understand that administration might not be the right process for you and your...

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 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...

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...

Can I close my limited company and open a new one?

8 mins 6th May 2022

For many business owners, the financial pressures of the last few years still impact their business strategies. For some, they may even be getting worse due to rising costs of...

What happens to a director of a company in liquidation?

8 mins 1st March 2022

What happens to a director of a company in liquidation? If you find yourself in the unfortunate position of your limited company facing insolvency, it can be a very uncertain...

If I liquidate my company will I lose my home?

5 mins 5th November 2021

If I liquidate my company will I lose my home? If you are thinking about liquidating your business then you are probably also wondering what are the risks to you...

Why You Should Be Wary Of Cheap Liquidation Costs

6 mins 4th November 2021

It’s natural for people to shop around for the best deal in any given situation, but when it comes to placing your company into liquidation, you need to be very...

What happens if I can’t afford to liquidate my company?

8 mins 28th October 2021

Knowing when it’s time to close your company takes courage. If you’re wondering what happens if I can’t afford to liquidate my company, then it’s likely that you’re struggling financially....