Will I be able to pay back my government backed loans?
Will the bank call in my loans?
Will I be able to pay increased energy costs?
What a personal guarantee means for you
What will HMRC do?
Employment compliance and pensions
Marketing and product/ service delivery
Producing meaningful management accounts on time
Keeping up to date with tax reporting and legislation change and filing annual accounts or tax returns
Dealing with banks investors, online lenders, raising working capital
Leasing or renting property
How to pay HMRC
How to win new work
How to pay wages on pay day
Wrongful trading or being made personally liable for company debts
Suffering from stress or losing your property because of a badly performing business
Why not listen to a recording of our turnaround manager Gary Weber being interviewed on Runn Radio Mental Health Day about the stress that company directors can feel and what to do about it.
Then please download our FREE 80 page expert guide, packed full of advice and tips for worried directors. We can help you get out of the mess! Email us at firstname.lastname@example.org if you want to tell us your worries
Liquidating a company can take anything from 14 days to 2 years. It depends on the size and complexity of the business and the particular type of liquidation process the company is undergoing. A creditors voluntary liquidation takes a shorter time, generally.
Trading whilst insolvent is a legal term used to describe a business which continues trading when it cannot pay its debts and its liabilities are greater than its assets. It can lead to a breach of several provisions of the Insolvency Act 1986 which can result in the directors being held personally liable