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...
The Liquidation Process
10 mins 25th August 2021
The Liquidation Process You likely have many questions about placing your insolvent company into liquidation, and we’re here to help. We provide director-focused professional advice to ensure you get the...
How do I apply for a Creditors’ Voluntary Liquidation (CVL)?
3 mins 25th August 2021
Where to begin If your limited company is insolvent, then you are able to apply for a Creditors’ Voluntary Liquidation (CVL). However, before deciding on any possible course of action,...
What’s an MVL?
5 mins 1st July 2021
What’s an MVL and why would I need to use one? Before deciding to close your company, you should speak to a licensed insolvency practitioner. They can assess your company’s...
Here is when you could be made personally liable in a liquidation.
2 mins 7th June 2021
Here is when you could be made personally liable in a liquidation If you’re a director who has spent their Bounce Back Loan on living costs then watch this video....