Can You Revive a Dissolved Company?
Has your business been recently closed down, seemingly for good? If so, it’s not uncommon for directors to consider what to do next. When asking questions about the future, you might wonder ‘can you revive [...]
What happens to Employees When a Company Goes Into Liquidation
If you’re a company director or owner and your firm enters liquidation, it’s vital that you consider all aspects of your business, and what impact liquidation could have on every party involved. As director, you [...]
A Guide to Company Liquidation and Director’s Loan Accounts
When your company goes insolvent, it’s possible that your director’s loan account may not be at the forefront of your mind. However, what may first appear to be a low-level issue, could soon spiral and [...]
A Guide to Company Liquidation and Director’s Loan Accounts
When you're faced with company liquidation, directors loan accounts may not be at the forefront of your mind. However, what may first appear to be a low-level issue, could soon spiral and cause serious repercussions if [...]
Are Directors of Limited Company Liable for Debts?
Understanding the circumstances when a director could be liable for a limited company’s debts is vital. Without knowledge of this, you as director can never be certain of your own financial security should the [...]
A Guide to Directors’ Responsibilities in Liquidation
The day-to-day running of a business as director is a highly involved and often stressful job, even when things are going well. When your business is struggling financially and the threat of liquidation is looming [...]
Insolvency Warnings Signs to Watch Out For
When operating a business it is important that you are able to look critically inwards. It is vital for owners and directors to be able to spot the early warning signs of insolvency, so you [...]
How to Carry out a Company Solvency Test
Regardless of whether your business appears to be thriving or if you are struggling financially, it is important that any and all business owners understand the key tricks to determining if their company is solvent [...]
Cash Flow Forecast vs Profit and Loss: What’s the Difference?
It is important for all business owners to have a clear understanding of the financial performance of their business. This means getting to grips with the merits of cash flow forecast vs profit and [...]
4 Advantages of a Cash Flow Statement
In business, it always helps to keep up to date on the ins and outs of your company. Whether this is staying aware of all inventory that is shipped out, being aware of any notable [...]