Preparing for Creditors’ Voluntary Liquidation
7 mins 4th February 2025
It can be a difficult decision to liquidate your company, but sometimes, it is the only option available to directors. In this blog, we’ll let you know about preparing for...
Closing a limited company with debts to HMRC
8 mins 13th November 2024
Company debts can be extremely stressful to deal with. Unfortunately, business debts can sometimes become so out of hand that the only option is to close the company. In...
Fixed and floating charges: what’s the difference?
5 mins 31st October 2023
As a business owner, there are many things that you need to be aware of. When it comes to finances, it’s crucial that you stay on top of what’s expected...
8 tips for going into liquidation for the first time
6 mins 29th September 2023
Going into liquidation can be a stressful time. In this blog, we’re letting you know 8 tips for going into liquidation for the first time. If you’re reading this blog,...
9 signs you need to find another insolvency practitioner
5 mins 22nd September 2023
If you’re watching these videos, you’re likely a UK business owner, and your business is starting to struggle. You might be thinking about finding an insolvency practitioner because if you...
What are the legal and financial implications of a CVA?
3 mins 16th August 2023
As with any agreement, a CVA carries obligations and protections. When compared to a contract signed when say, purchasing a house, there will be benefits, but there are also certain...
What is a Pre-Pack Administration?
8 mins 3rd February 2023
What is a pre-pack administration? There are many reasons why a director may consider closing a limited company. Some company directors see genuine hope of recovery from financial difficulties and,...
Hidden Extras when putting a company into liquidation
4 mins 14th September 2022
Hidden Extras when putting a company into liquidation In this article, we’re telling you about hidden extras when putting a company into liquidation. We know what you’re thinking – what...
Will You Have To Pay Your BBL Back If You Liquidate?
7 mins 14th April 2022
Will you have to pay your BBL back if you liquidate? During the pandemic, many business owners took out bounce-back loans. These loans came at a time of great uncertainty,...
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...
What happens to a Director’s Loan Account in Liquidation?
10 mins 15th November 2021
What happens to a director’s loan account in liquidation? Firstly, if you are reading this article and are worried that you have a director’s loan, we don’t want you to...
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...