In previous posts we have discussed the growing problem of late payments and the knock-on effect on cash-flow management in small and medium-sized enterprises. With the value of unpaid invoices in the UK currently in excess of £40bn, what, if…
The prompt payment code, explained. The problem of late payment has been widely publicised in the last few months, with an increasing number of small and medium-sized enterprises (SMEs) struggling to make ends meet. Despite government guidance that encourages small…
Here are some common business insolvency problems and potential options that may be applied as company rescue solutions. From finance to negotiating time to pay arrangements with creditors, this article will explore the options available to you. That said, if…
The county court judgement if ignored or not paid can be used as evidence of company insolvency in that the company cannot pay its bills. The inability to pay your bills is a key indicator of company insolvency and any…
“Have You Been Mis-Sold an Interest Rate Swap Agreement by the Bank? Start your Claim Now to See if You Can Get Compensation” Where You Sold a Commercial Loan Between 2001 to 2011 Where Interest Rates Fell? Was Your Business…
“What are the most common business challenges that you come into contact with on a regular basis and what are the solutions?” The vast majority of calls that we get involve errors made in the past and they often regret…
One of the most concerning things for directors when faced with business debt is bailiffs seizing assets for creditors and the impending bailiff visit itself. The level of stress can increase when HMRC enforcement officers are involved. So what should you be…
If you are considering trading in the UK you need to consider whether to trade as a sole trader, limited company or a partnership. A lot will depend on a number of potential influencers such as: How much you think…
The director or an insolvent business could be able to receive redundancy payment as an “employee” in certain circumstances, depending on the nature of the case, the British Employment Appeal Tribunal (EAT) has ruled. The EAT decided to uphold a…
Getting hard numbers on increasing sales from marketing has never been easy. Typically, you had to resort to locking your marketer in a colourful flower and incense filled room with lots of very large bean bags in order to hold the…
