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liquidation close down cost

The Costs of Voluntary Liquidation

Voluntary liquidation is an effective way to close an insolvent business,...

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A guide to EBITDA

A guide to EBITDA

Just a bunch of letters thrown together? Or is there a deeper meaning?

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Warning Signs of a Struggling or Insolvent Business

Warning Signs of a Struggling or Insolvent Business

If you can recognise too many of the following warning signs then it is likely...

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Title Deed

How Does Retention of Title Work and What Happens in Insolvency?

A Retention of Title Clause allows ownership of any good within the contract of...

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Overdrawn Director's Loan Accounts in Insolvency

Overdrawn Director's Loan Accounts in Insolvency

An Overdrawn Director's Loan Account occurs when a director owes the company...

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How to remove a CCJ from my Company

How to remove a CCJ from my Company

When a creditor is not paid they may seek to get a County Court Judgement (CCJ),...

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Glossary of Insolvency Terms

Glossary of Insolvency Terms

We have introduced a glossary of some of the terms used on the main website....

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How can I legally take money out of my limited company?

How can I legally take money out of my limited company?

When you set up your limited company, you may think you can dip into your...

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man holding insurance document

Personal Guarantee Insurance (PGI) What is it?

Personal Guarantee Insurance helps out those who have signed a personal...

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Can A Director Become Personally Liable For The Company Debt?

Can A Director Become Personally Liable For The Company Debt?

Generally, a director is not liable for their company's debts unless they have...

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County Court Judgements CCJ Against the Company

County Court Judgements (CCJ) and what you can do about them

A County Court Judgement is where an order has been made by the Court to compel...

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Insolvency Test for the Sole Trader

Insolvency Test for the Sole Trader

Am I, as a sole trader, insolvent?

You may think that being under cashflow...

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