What Does It Cost To Liquidate a Company? If you are searching on the internet how to liquidate a company, one of the top questions on your mind is, how much does it cost to liquidate a business in the UK? Chances are, you haven’t found many
Read more →Does a Liquidation affect my Credit Score? With many directors facing the prospect of having to liquidate their limited company this is a question that is often on a directors mind. The thought of having to close your company can be stressful enough without the idea that
Read more →What Happens If I Can’t Pay HMRC There are many businesses currently that still have HMRC arrears, this could be corporation tax, VAT, and PAYE. It’s HMRC’s job to collect this from businesses in the UK. If you can’t pay HMRC or fall behind with payments you
Read more →This is a subject that comes up with many business owners that we speak to, over 1.5 million Bounce Back Loans were taken but not every business is going to ‘bounce back’. The Bounce Back Loan criteria were very favourable to both borrowers and lenders. The lender
Read more →How do I close my limited company? Companies close all the time and there can be a variety of reasons as to why a director has taken the choice to close their ltd company down. The important thing is when the director makes the decision to close
Read more →When Will I Be Made Personally Liable For Business Debts? A concern for many directors whose business is starting to struggle is the threat of being made personally liable for business debts if the business goes into liquidation. Even though a ltd company structure gives some protection
Read more →Closing your company with a bounce back loan If you’ve found yourself here reading this blog then it’s quite likely that you’re worrying about your company’s finances. Many businesses are currently searching for information on closing a company with a bounce back loan. The first piece of
Read more →How not to close a company with a BBL Here are 2 ways not to close a company with a bounce back loan: 1. Do not attempt to strike the company off with a DSO1 form, this will be flagged at companies house and the bank will
Read more →Close your company with a Bounce Back Loan Bounce Back Loan repayments are now due but many businesses have not bounced back. Register for our free Webinar on Tuesday 12th October at 12 midday to learn all your options. Stop walking blindly into insolvency procedures! We will
Read more →What is Wrongful Trading? The recent end to wrongful trading suspension means that company directors are once again at personal risk if their company continues to trade when clearly insolvent. When a company becomes insolvent the director’s main focus should be to not make the creditor’s position
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