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company restructuring

Company restructuring following Covid

Many companies been impacted by Covid-19, not only financially but also in the...

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Partnership Bankruptcy

Partnership Bankruptcy

The following guide to bankruptcy cannot be comprehensive, given that it is a...

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Company in financial trouble

What To Do If Your Business Or Company Is In Financial Trouble

If you’re struggling to meet debt payments and cashflow is suffering, don’t...

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Business Insolvency

What Is Business Insolvency

What is business insolvency?

A business is insolvent if it can’t pay its debts...

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What Are Fixed and Floating Charges?

Fixed and Floating charges are different types of security over assets. A fixed...

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preferred stamp

Who are Preferential Creditors?

A preferential (or preferred) creditor refers to a creditor who has the right to...

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HMRC Office Sign

Personal Liability Notice or PLN Explained

A personal liability notice (PLN) is issued by HMRC and governed by Section 121C...

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Houses

Can HMRC take my house for failing to pay company debt?

The simple answer to this common question is, no – so please be assured.

They...

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I Have Received A High Court Writ…What do I do?

I Have Received A High Court Writ…What do I do?

What is a High Court Writ?

A High Court Writ is a formal written order by the...

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Balance Sheet

What is Balance Sheet Insolvency? Is there a test for it?

Balance sheet insolvency is when a company’s total liabilities outweigh its...

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Glass in Pub

Options for an Insolvent Pub

See below some advice given on our online chat regarding an insolvent pub

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Working Capital Problems

Working Capital Problems

As every business owner knows, working capital is vital for any operation. Not...

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