Licensed Insolvency Practitioners with over 25 years of experience

Why AI could push more small businesses towards insolvency

AI insolvency risk

By Nitin Joshi, Partner Antony Batty & Company This article looks at how the rapid rise of artificial intelligence is creating two distinct risks for company directors, the risk of being out-competed by AI-enabled rivals, and the risk of over-investing in AI. Either way the effect of the AI insolvency risk to a business could […]

Take decisive action if you want to avoid compulsory liquidation. Do not do nothing.

Compulsory Liquidation

For a director, whose business is struggling, doing nothing is the worst position to be in, as compulsory liquidation can be the outcome. This article looks at what a compulsory liquidation actually means for a director who ends up there, following a winding up petition, a court hearing and then an Official Receiver being appointed automatically with no say from […]

Transactions at Undervalue: What they are and why Directors must avoid them

signing transaction at undervalue

This is the third article in our series looking at how Insolvency Practitioners work and the legal framework behind financial distress. In the first, we looked at why asset valuations sit at the heart of every insolvency process. In the second, we turned to preferences in insolvency, one of the four duties directors must avoid […]

Preferences in Insolvency: What they are and why Directors must avoid them.

Preferences in Insolvency: A Guide for Directors

This is the second article in our series looking at how Insolvency Practitioners work and the legal framework behind financial distress. In the first, we looked at why asset valuations sit at the heart of every insolvency process. This time we turn to a different area: the duties placed on directors of a company that […]

Asset Valuations in Insolvency. What happens when they are challenged

Warehouse staff reviewing inventory documents as part of Asset Valuations in an insolvency process

This article is the first in a series looking at how Insolvency Practitioners work and the specialist expertise they bring to bear when a company finds itself in financial difficulty or in a formal insolvency process. Here, we look at the central role of asset valuations: why it is essential to almost every insolvency process, […]

What to expect when you contact an Insolvency firm for advice for your Limited Company

Insolvency Practitioner

Directors often contact an Insolvency Practitioner for advice on their limited company at a moment of financial pressure, uncertainty and worry. This article explains exactly what to expect when you speak to us, the steps we take to understand your company’s position, and the options we may discuss, including CVLs, CVAs, Administration and MVLs (if […]

Understanding why the Liquidator is asking for information

Liquidator asking for information

Sections 234–237 of the Insolvency Act. What directors need to know When a company enters liquidation, directors are often surprised by the amount of information the Liquidator asks for. These requests are not optional. They come from sections 234 to 237 of the Insolvency Act 1986, which set out the legal duties on directors to […]

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