Overdrawn Directors’ Loan Accounts: why do they matter in insolvency?
Overdrawn Directors’ Loan Accounts in insolvency – the consequences for directors could be severe. Is your company insolvent? Could it be heading towards liquidation? Overdrawn Directors’ Loan AccountS (DLA) are not just a technical detail. When a Company enters an insolvency process a DLA becomes due and payable and is a legal debt that you, […]
What are the four key sins directors must avoid when their company is insolvent?
Facing financial difficulty? Here’s what every company director needs to know When a business begins to struggle, directors often find themselves under immense pressure – firefighting urgent problems while hoping for a recovery. It’s during these moments that key responsibilities shift, often without directors realising. This article explains what happens when a company becomes insolvent, […]
1 year anniversary of B&C Associates merging with Antony Batty & Company, Insolvency Practitioners
What are we celebrating most one year after merging with Antony Batty & Company? It was on 1 June 2024 that Nitin Joshi and his business partner, Insolvency Practitioner Jeff Brenner, merged their firm, B&C Associates with Antony Batty & Co (ABc), Insolvency Practitioners and business turnaround specialists. In this article, Nitin, Jeff and Antony Batty […]
Difficult times for Pubs, Restaurants & Hotels. How can Insolvency Practitioners help?
The pub industry is facing long-term decline. Over 400 pubs closed in England & Wales in 2024 – total numbers fell below 39,000 for the first time – the most since 2021 during the COVID pandemic. Rising National Insurance contributions, increased wages, and reduced business rate relief from April 2025 will further strain the sector. […]
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.
Family Business Insolvency: when relationships and risk collide
Family businesses are a cornerstone of the UK economy. They outnumber all other private sector firms, employ millions, and contribute significantly to national output. But when a family-run company faces financial difficulty, the challenges go far beyond the balance sheet, with impacts on relationships, succession plans, and even personal assets. In this article, we look […]
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 […]
Antony Batty & Company Employee Focus: Tom O’Keeffe
Insolvency Specialist Tom is based at our Central London Office and specialises in Creditors Voluntary Liquidations and Administrations. This month we are shining the spotlight on one of our colleagues, Tom O’Keeffe, an insolvency specialist who is based at our Central London office. Tom works closely alongside our Licensed Insolvency Practitioners and specialises in Creditors Voluntary Liquidations. […]
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 […]
