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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

Receivership involves the process of the appointment of a receiver who will gain control over the company and seize certain assets, sell them off, and repay debts with funds raised.  While no longer as common [...]

Being issued a statutory demand is a stressful time for any business owner — with potential legal fees and the threat of liquidation looming, it can be difficult to know where to turn.  However, understanding [...]