Mental Health and Insolvency. 13th -17th May is Mental Health Awareness Week

Mental Health and Insolvency. 13th -17th May is Mental Health Awareness Week
Mental Health is directly affected by the stress of financial difficulties and insolvency, which is why we are championing Mental Health Awareness Week and the power of the 8-minute catch-up.
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.
A Day in the Life of an Insolvency Practitioner – Lawrence King

A Day in the Life of an Insolvency Practitioner – Lawrence King
Why I Became an Insolvency Practitioner and what a typical day at the office looks like.
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.
Over 6,000 Licensed Premises closed in the UK during 2023, and the trend is continuing into 2024.

Over 6,000 Licensed Premises closed in the UK during 2023, and the trend is continuing into 2024.
UK Hospitality is calling for 3 Key actions to support the hospitality industry. But how can Insolvency Practitioners help already struggling businesses?
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.
The Key Signs of Financial Distress

The Key Signs of Financial Distress
We always say taking early action is vital, but directors must know what to look for first.