Company Closure

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....

Does Liquidation Affect My Credit Rating?

9 mins 22nd October 2021

Does Liquidation Affect My Credit Rating?  Since the pandemic, many directors have had to make the tough decision to close their limited companies. Liquidation and company closure can be a...

Personal liability for bounce back loans

9 mins 12th October 2021

Personal liability for bounce back loans Personal liability for bounce back loans is a subject that comes up with many business owners that we speak to. Over 1.5 million Bounce...

Personally Liable For Company Debts?

4 mins 27th August 2021

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...

What is Compulsory Liquidation?

10 mins 27th August 2021

What is compulsory liquidation? There are many reasons why a business may start to struggle financially. Unfortunately, if you don’t do anything about it, you may end up entering a...

How to close a limited company in the UK

9 mins 25th August 2021

Before you start thinking about liquidation, you need to ensure that closing your business is the right decision. In this article, we’re helping you with how to close a limited...

How does a director’s loan work?

11 mins 25th August 2021

Before entering into any insolvency proceedings, you must check your director’s loan account. In this article, we’re answering the question, how does a director’s loan work? What is a director’s...