What happens if you can’t pay back Covid-19 Loans and What About Loan Fraud?

What happens if you can’t pay back a Covid-19 Loan?
If insolvent and the directors have not fulfilled their duties, misfeasance claims and director disqualification can follow. The sooner businesses take advice the better.
Insolvency, the Domino Effect and Insolvency Practitioners

Insolvency, the Domino Effect and Insolvency Practitioners
The Increased Risk of Insolvency to Suppliers or Customers When a Company fails is called the domino effect. Our Insolvency Practitioners can help.
HMRC, Restaurants, VAT and Insolvency Practitioners

HMRC Gets Tough on ‘Tax Avoidance’ by Restaurants. £160,000 VAT owed and £50,000 fine for Kebab Shop.
In this case study, a restaurant went into liquidation due to this unaffordable tax liability imposed by HMRC for alleged tax avoidance. We could have helped if called in soon enough.
The Importance of Cash Flow. Insolvency Practitioners can Help

Cash Flow Monitoring is Vital. How Good is Your Company’s?
As the new year of 2018 dawns, it seems a good time to reiterate that cash flow is a pivotal tool that is necessary for established business and even more so for new start-ups.
Insolvency Practitioners and Director Disqualification

Insolvency Practitioners and Director Disqualification
Alan Yentob has been asked to accept a 5 year Director Disqualification Undertaking due to his role in the collapse of the high profile charity Kids Company. Could Insolvency Practitioners Have Helped?