Asset Valuations in Insolvency. What happens when they are challenged
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, […]
The Administration of Purely Diamonds results in a successful restructuring of the business
This provides a platform for on-going commerce and turnaround for a business that has traded for nearly 50 years. Jeff Brenner and James Stares, two of out Licensed Insolvency Practitioners were appointed as Joint Administrators to Stephen Tyler Ltd., trading as Purely Diamonds in April 2026. This news story sets out the details of the […]
Why you should do a check before you choose your Business’s suppliers
Why you should do a check before you choose your Business’s suppliers.
Conduct checks before entering into a business relationship and in so doing, HELP avoid doing business with an entity that may be facing Insolvency.
What to expect when you contact an Insolvency firm for advice for your Limited Company
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
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 […]
Director redundancy claims: what evidence the RPS now expects and why preparation matters
In February 2026 we published an update on the increasing scrutiny being applied to director redundancy claims at insolvency by the Redundancy Payments Service (RPS). That article focused on recent tribunal decisions, including our own case where directors’ claims were rejected despite PAYE treatment and written contracts. This companion piece, with insights from specialist adviser […]
The Iran Conflict and the Travel Industry: why tour operators face rapid financial pressure
The conflict in Iran has caused significant travel disruption across the Middle East, with airspace closures, cancelled flights and major rerouting by airlines, as tour operators face rapid financial pressure. Although the headlines rightly focus on stranded travellers and their safety, the more serious and immediate risk sits with the tour operators who must absorb […]
Hospitality faces new cost squeezes as April 2026 changes fast approach
Hospitality enters April 2026 in a fragile position. Insolvencies in pubs, restaurants, bars and hotels remain well above pre‑pandemic levels, and the sector is about to absorb another round of hospitality cost increases announced in the Autumn Budget 2025. These include further increases in wage costs, higher employer National Insurance contributions and changes to business […]
Trade credit and insolvency. A personal history of how one causes the other
Trade credit and insolvency are inextricably linked. Often, directors of small businesses are shocked to see what is in front of them when they reach the abyss. Whilst their minds are fixated with creditor pressure, which has its own traction like a snowball down a hill, attention is temporarily lost on what caused the company’s […]
Redundancy Pay at Insolvency: Evidence that Directors’ Claims are facing increased scrutiny by the Redundancy Payments Service
Redundancy Pay – Did you know the Government will pay if the Company you work for goes out of business?
We can talk to employees of businesses facing financial difficulties to give them practical help and guidance.
