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HMRC Obligations for Contractors and consultant companies

In recent years there has been a surge in one-person limited companies and a subsequent fall in sole traders as more and more people wake...

Accelerated Payment Notices (APN)

The Accelerated Payment Notice (APN) was introduced in 2014 as a means for HMRC to counter tax avoidance. Read our complete guide below, including the...

Employing Illegal Workers: Investigations and Penalties

HMRC is adept at tracking down and penalising companies employing illegal workers. The Insolvency Service, which reports on the latest company directors to be disqualified...

Saving a Struggling Business

Acting quickly at the first sign of financial distress is essential when attempting to turn around your struggling business. The earlier you act, the more...

Should You Take a Dividend as a Director of a Limited Company?

As a director of a limited company, you should be remunerated accordingly for the work you do. You’ve taken the brave step to set up...

Can Directors Be Held Personally Liable For Business Debts?

If you’re a limited company director with financial difficulty, you might be concerned that you could be personally liable for your business debts, especially if...

What are Employee Rights When a Company is Insolvent?

If an employer enters into insolvency then it is understandably an extremely anxious and worrying time for the employees. Thankfully, there are special arrangements for...

Can you Sell Your Insolvent Company?

Technically the answer is yes but in many situations this has to be done with the approval of an Insolvency Practitioner, either as part of...

County Court Judgements (CCJ) – What is the Impact on You & Your Business?

A County Court Judgement against a limited company is essentially a court order, issued by a county court, that enforces the payment of a debt. ...

What are the Warning Signs of Insolvency?

As a business starts to run aground, certain key warning signs of potential insolvency will alert you to seek advice. In this article we’ll explore...

Common Insolvency Problems and Rescue Solutions

If your business is trouble, it’s best to get experienced expert advice as soon as possible. We offer a free confidential consultation, and have helped...

What is a County Court Judgement and How Can it Affect Our Business?

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....