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Creditors & Liquidation, Who Gets Paid First?

Creditors & Liquidation, Who Gets Paid First?

When the business has been forced to close through insolvency, not all creditors will be paid the full amount owed...

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Indications of Insolvency - What are the Signs of Insolvency?

Indications of Insolvency – What are the Signs of Insolvency?

What are the most common signs of insolvency? Directors and proprietors should be wary of these indicators and contact an...

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What Happens After Bankruptcy? Life After Bankruptcy

What Happens After Bankruptcy?

What should you expect after bankruptcy? Bankruptcy isn't an easy process, but it has a defiinite end date. What happens...

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When should I call an Insolvency Practitioner?

When should I call an Insolvency Practitioner?

If you're wondering when is the best time to call an Insolvency Practitioner, the likely answer is 'right now', because...

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Time To Pay Arrangement - Asking HMRC for an Extension

Time To Pay Arrangement – Asking HMRC for an Extension

A time to pay arrangement is simply an arrangement with HMRC to spread the tax you owe (or are about...

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The Pressure of Insolvency & mental health

Distressed Directors – The Pressure of Insolvency

The pressure of insolvency and its impact on mental health is very real For Directors, especially those who've built their...

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Are Debt Consolidation Loans a Good Idea?

Are Debt Consolidation Loans a Good Idea?

When the repayments on numerous loans, store cards and credit cards start to become difficult to keep track of or...

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Director's Loan, Director's Loans and Liquidation

Director’s Loans and Liquidation

If you've drawn money from your business as a Director's loan and your business is under financial pressure or in...

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Good Debt vs Bad Debt - What's The Difference?

Good Debt vs Bad Debt – What’s The Difference?

Debt isn't automatically bad debt, but nor is it always good. It all depends on your approach to finance and...

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Company Voluntary Arrangements & Business Restructuring

Company Voluntary Arrangements & Business Restructuring

When a business has more debt than it has the funds to pay, one possible solution for a strong but...

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The Importance of Credit Management to your Cashflow

The Importance of Credit Management to your Cashflow

Credit management or credit control is an essential part of maintaining a healthy cashflow and shielding your business from insolvency.

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Millennial Directors - Owning a business before owning their own homes

Millennial Directors – Owning a business before owning their homes

Increasingly, we're seeing a new generation of 'Millennial' business owners, much younger than the 'traditional' business owner of old with...

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