This is the Featured News section
On this page, you will find our most recent news articles from the last 6 months or so about what’s happening in the world of insolvency.
In the meantime, if you need our help and advice in any of our specialist insolvency areas, please contact us or call 0208 088 0633, for a FREE initial discussion.
What can Directors do if they receive a Winding Up Petition?
Posted 27th November 2023 by Craig in
What can Directors do if they receive a Winding Up Petition?
In this article, we look at the processes involved in a Winding Up Petition being served and what happens when one is. The key thing is to take professional advice and then take swift action.
Read MoreJudge orders director of gift company to repay £43,500 via a Compensation Order for a falsely obtained Bounce Back Loan (BBL)
Posted 20th November 2023 by Craig in
Judge orders director of gift company to repay £43,500 via a Compensation Order for a falsely obtained Bounce Back Loan (BBL)
But what can directors who legitimately took out a BBL do if they cannot repay?
Read MoreUK Restaurant insolvencies rise by 46% in last 12 months
Posted 13th November 2023 by Craig in
UK Restaurant insolvencies rise by 46% in last 12 months
Restaurant Insolvencies will continue to grow until interest rates and inflation fall considerably.
Read MoreDirectors be Vigilant! Talk to your Accountant to understand a Director’s Loan Account and your potential Liabilities
Posted 1st November 2023 by Craig in
Talk to your Accountant to understand a Director’s Loan Account and your potential Liabilities
If your company is liquidated, an overdrawn Director’s Loan Account and Illegal Dividends can lead to Liquidators’ Claims and even Director Disqualification
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