Mental Health and Insolvency – Elaine Wilkins from our Bournemouth Office is now a Mental Health First Aider for 3 more years
Mental Health and Insolvency
Elaine Wilkins from our Bournemouth Office is now a Mental Health First Aider, and understands the stress and strain that insolvency can cause.
Struggling businesses should think twice about taking out loans for survival, especially where Personal Guarantees (“PG’s”) are involved
The increasing challenge of securing business finance – and the potential risks of using Alternative Lenders The ability for small businesses to secure finance has become significantly more challenging in recent years. According to a recent analysis by Funding Xchange, businesses seeking loans are now carrying more than double the debt-to-turnover ratio compared to pre-pandemic […]
Joiner receives 15 month suspended jail sentence for Covid Bounce Back Loan fraud despite repaying the Loan in full
The Government’s tough stance on Covid Bounce Back Loan (BBL)* fraud continues In a recent case, a former joiner from Romford has been sentenced for Covid Bounce Back Loan fraud (BBL)*, demonstrating the seriousness with which the Insolvency Service addresses such misconduct. Details of this Case Charles Ling, aged 57, of Havering-atte-Bower, Essex, who operated […]
Antony Batty & Company Focus on Employees: Besa Mustafa
Besa is based at our London office and is a Senior Insolvency Administrator Besa Mustafa joined us in June 2024, when we merged with B & C Associates. Besa is a Senior Insolvency Administrator and is based at our London Mill Hill office. We asked her to answer some questions, including what got her into the insolvency […]
Antony Batty and Company Thames Valley welcomes Lucy Garner as its new Senior Manager
We are delighted to announce the arrival of Lucy Garner as our new Senior Manager at the Thames Valley office of Antony Batty and Company. Lucy joins the team at a really exciting time for Antony Batty and Company Thames Valley, now well into its 4th year of trading, and she is looking forward to working with […]
Directors must be vigilant to avoid Wrongful Trading
Directors must be vigilant to avoid Wrongful Trading
How can Insolvency Practitioners help distressed and insolvent companies reduce/avoid the risk of Wrongful Trading?
Are there alternatives to liquidating a limited company without using an Insolvency Practitioner?
“I can’t afford to liquidate my company. What are the alternatives to liquidation?” This ia question we are often asked. When directors are facing the stressful task of closing their limited company, the cost of appointing a Licensed Insolvency Practitioner (IP) to run a formal procedure, such as a Creditors’ Voluntary Liquidation (CVL), can seem […]
Directors, if you do the same things again, you risk getting the same result – another liquidation!
“What am I going to do for work if I have to liquidate my company?”* I meet many directors every year, especially those of small companies, where we have acted as liquidators, who then tell me they want to set up a new business and start again. They say they don’t know anything different, want […]
Record number of company closures and 5,000 more tax inspectors
More businesses under financial pressure, whilst Government announces 5,000 additional tax inspectors focusing on SMEs and reducing the tax gap After years of difficult trading for many businesses, two key statistics show that the outlook for many is worsening as we head into 2025. Plus, with the news that the Government is recruiting an extra […]
The importance of a Shareholder Agreement if a Company enters insolvency
Navigating the turbulent waters of business can be complex, and when a company faces insolvency, the situation can become even more difficult, so having a shareholder agreement in place is crucial. In this article, our Insolvency Practitioners look at several reasons why a shareholder agreement is essential if a company becomes insolvent. Clarification of Rights […]
