If your company becomes insolvent and cannot carry on, it is essential that you are fully aware of all your responsibilities - especially those towards your staff. While nobody wants their business to fail, if [...]
Whatever industry you are in, bringing your products to market is always going to cost money. These expenses come from all areas of the manufacturing process, from design and development to tools and staffing. A [...]
If your business is to be as healthy and prosperous as it possibly can, it is essential that it is bringing in more money than is going out. While this may seem obvious, the fact [...]
According to research by the BBC, the rate of firms going bust slowed during lockdown as the government’s £160bn support package managed to keep businesses afloat. However, with many government schemes now coming to [...]
The Office for National Statistics (ONS) had today reported that the UK economy shrank by 20.4% in April 2020, the largest-ever monthly contraction on record. These figures are a cause for real concern [...]
On Friday 21 November 2019, Steven Wiseglass, Partner at Inquesta Ltd was appointed Supervisor of the Company Voluntary Arrangement of UK Building Products Ltd. The Gripit Plasterboard Fixing was invented by Jordan Daykin in [...]
The reasons for the collapse of Thomas Cook have become the subject of intense debate, with no shortage of explanations being given for its demise. The figures owed to creditors are eye-watering, with the [...]
Leading UK business organisations have joined forces to warn that proposed changes to the status of HM Revenue & Customs (HMRC) in insolvency proceedings could have serious repercussions for the UK economy. In last [...]
Iconic baby goods retailer Mothercare has entered into administration, putting 2,500 UK jobs at risk. Administrators from PWC announced that there will be a gradual closure of all 70 Mothercare stores in the UK. [...]
There is little doubt that IR35 represents one of the most controversial and criticised pieces of tax legislation introduced by any government in recent times. As insolvency practitioners, we are asked with increasing regularity [...]