Using Finance and Refinance to Manage Cash Flow
Using Finance and Refinance to Manage Cash Flow
We are grateful to Natalie Knight from Tempo Finance, for this article about using finance and refinance to manage cash flow for business turnaround especially
Wrongful and Fraudulent Trading: what are they and what is the difference?
Wrongful and Fraudulent Trading: what are they and what is the difference?
When receiving enquiries from directors of distressed companies, we often find that very little is known about wrongful trading and fraudulent trading, and what the difference is
What is expected of the Directors in an Insolvent Company liquidation process?
What is expected of the Directors in an Insolvent Company liquidation process?
In a liquidation, a director’s duty is to act in the company’s creditors’ best interests, not that of its shareholders or directors. Trading must stop immediately, and they must assist the chosen liquidator.
Hopes of an interest rate cut before the end of the summer?
Hopes of an interest rate cut before the end of the summer?
High interest rates will leave a debt hangover of £41.7 billion amongst British businesses by the end of the decade. Talk to our Insolvency Practitioners if struggling financially.
What are the options for closing IR35 contractor limited companies, Solvent or Insolvent? How can Insolvency Practitioners help??
What are the options for closing IR35 contractor limited companies?
What are the options for closing IR35 contractor limited companies? How can Insolvency Practitioners help?
Personal Guarantees, Insolvency and Personal Liability
Personal Guarantees, Insolvency and Personal Liability
When insolvency strikes, Personal Guarantees can lead to Personal Liability for the director. Our Insolvency Practitioners can help.
We are often asked ‘What is the difference between a Compulsory Liquidation and a Creditors’ Voluntary Liquidation (CVL)?’
What is the difference between a Compulsory Liquidation and a Creditors’ Voluntary Liquidation (CVL)?
Compulsory Liquidations due to HMRC Winding-up Petitions have doubled in 2023. Always take advice early. If Liquidation is unavoidable, a CVL is often the better choice.
10 tips to help with Debt Recovery
10 tips to help with Debt Recovery
Late payments can severely disrupt a business’s operations, and can even lead to insolvency. An effective debt recovery policy is a must.
The Government is continuing with its hard line against Bounce Back Loan (BBL) fraud and misuse
The Government is continuing with its hard line against Bounce Back Loan (BBL) fraud and misuse
Suspended prison sentence and £10,000 repayment compensation order for businessman
Creditors Voluntary Liquidations (“CVL”) grew by 9% in 2023, reaching the highest figure since records began. What are the advantages of a CVL?
What are the Advantages of a Creditors Voluntary Liquidation (“CVL”)?
With record levels of CVLs in 2023, it is worth knowing that there is more to a CVL than the removal of creditor pressure, the prevention of legal action and the clearing of unsecured debt. Plus, a CVL does not necessarily mean a director will never work again.
