Can I close my company and start another? For many business owners, the financial pressures of the last couple of years are still impacting their business strategies. For some, they may even be getting worse due to rising costs for materials and other services. Due to this,
Read more →A winding-up petition (WUP) is by far the most extreme action that can be taken against your company. In this article, we’ll explore what it is, the process that must be followed and some ways you can stop it from happening. What is a winding-up petition? A
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If your business has become insolvent or you are worried that you may become insolvent in the future then it’s important that you take insolvency advice but it’s just as important that you understand what type of problems you could cause yourself personally by placing your company
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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 and your family personally if you decide to liquidate your company. With business insolvency figures rising month
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Why You Should Be Wary Of Cheap Liquidation Costs 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 I think you need to be very wary about going with the cheapest
Read more →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 →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 →Where to begin If you are already a director of a company or are planning to become one, there are certain responsibilities that you must adhere to. Some of these responsibilities are governed by the Companies Act 2006. While the vast majority of directors will act lawfully
Read more →As a director, will I be held personally liable for my company’s debt? Where to begin Understanding your liabilities as a director can be hard work and often confusing. A liability is a debt that your company is responsible for, such as bank loans, outstanding invoices, finance
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