Guides for Directors

An insolvent frozen bank account due to a winding up petition is about as serious as it gets.  At this point, your company could still be viable, but without a company account, you will find it extremely difficult to trade….

You might think that once you’ve set up your limited company, you’re free to dip into and out of the company’s profits as you see fit – it’s your company after all. In reality, directors who employ this ‘what’s yours…

A zombie company constantly fighting off debt without ever flourishing. In fact, like a zombie, it shows many of the signs of operating like a normal business – it’s not until you look a little closer that you find all…

Surviving company insolvency can be a juggling act. It is incorrect to assume that every insolvent company is a failing company. In some instances, a company that cannot pay its bills when they become due could be a perfectly viable…

We explain how to reduce your company’s risk of insolvency, as well as the warning signs to look out for. You can minimise your exposure to risk via practical business management strategies, as well as decisive action when tough decisions…

An unsuccessful appeal against a decision made by HMRC is not necessarily the end of the road. If you strongly disagree with a decision HMRC has made, you could consider taking the case to the Tax Tribunal. However, before taking…

The risk of major customer insolvency is a universal issue that affects businesses of every size, operating in every sector. If your business generates a large percentage of its income from a single customer, then you’re no doubt aware of…