INSOLVENCY NEWS & INSIGHTS
We regularly update our blog to cover the latest in insolvency news and events. Keep checking back to stay up to date with the latest developments.
Phoenixing a Company: A Complete Guide to the Practice and Its Restrictions
When creditor phone calls are mounting and cash flow has dried up, the writing is on the wall — your company is heading for insolvency. But what if there was a way you could salvage [...]
5 Key Reasons Why UK Family Businesses Fail: And How You Can Avoid Them
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 [...]
“I have received a letter from HMRC” — Your Immediate Directors’ Action Guide
“I have received a letter from HMRC” — If you've opened that familiar brown envelope and found an HMRC investigation letter inside, that sinking feeling in your stomach is entirely justified. As a company director, [...]
Free eBook: A Guide to Putting a Business into Liquidation
If you believe your business may be in distress, understanding the warning signs early is essential to securing the best possible outcome. In our free guide, we explore the process of putting a business into liquidation, what options you have when it comes to insolvency, the impact liquidation has on stakeholders, and much more.
What is a Shadow Director in the UK? Personal Liability for Company Debts Explained
When companies face financial difficulties, creditors might not just scrutinise the actions of official directors. They often dig deeper, examining anybody who may have been ‘pulling the strings’ behind the scenes. Therefore, if you’ve been [...]
Overdrawn Director’s Loan Account? Urgent Steps to Protect Your Assets
What may start as a short-term favour to yourself — borrowing money from your own company to cover a cash flow gap — can rapidly transform into a financial nightmare. An overdrawn director's loan account [...]
How Do Interest Rates Affect Businesses? Your Complete UK Guide 2025
Only a single percentage point increase in interest rates can add thousands to a typical SME’s borrowing costs. For businesses already operating on tight margins, this isn’t just an inconvenience — it’s a potential crisis [...]