A CVL does write off HMRC debt, but not on the day the liquidator is appointed and not in the way most directors expect. The unpaid balance disappears when the company is dissolved, and only [...]
By Steven Wiseglass, Licensed Insolvency Practitioner | 19th August 2026 | Corporate Recovery & Insolvency If a creditor has threatened to wind up your company, your options depend entirely on how quickly you act. The [...]
By Steven Wiseglass, Licensed Insolvency Practitioner at Inquesta. IPA regulated, Fellow of R3, 20+ years' experience advising directors and creditors on company closure and recovery. A first gazette notice means Companies House intends to remove [...]
By Steven Wiseglass | Corporate Recovery & Insolvency expert | Licensed Insolvency Practitioner | Founder & Director Inquesta First published July 2026. One of the very first questions directors will ask when considering liquidation is [...]
By Steven Wiseglass, Licensed Insolvency Practitioner. Published May 2026. If you're awake at 3am worrying about your company's debts, you're not alone. Over twenty years as an insolvency practitioner, I’ve dealt with hundreds of directors [...]
The Bounce Back Loan Scheme gave millions of UK businesses a financial lifeline during the COVID-19 pandemic. But, for many company directors, those lifelines have become anchors, dragging down businesses that were already struggling to [...]
Your company is in the red and you’re searching for ways of clearing debt quickly. You've found company exit services online promising to buy your company with debt for £1, eliminate creditors, and complete your [...]
Received notice of a creditors meeting and worried about what happens next? The very first thing you need to know is that, despite the name, a creditors meeting isn't actually a meeting — or at [...]
According to the Harvard Business Review, 70% of family businesses never make it to the second generation. By the third, 90% have closed their doors or been sold off. For UK family businesses, these aren’t [...]
The joined up nature of our global economy today means that the ripple effect of policy changes by major economic powers can be felt across the globe, from Wall Street to Walsall. As a [...]