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Pre-pack administration in Leicester, Nottingham, Derby, Coventry Birmingham and Stoke
Liquidation –Help for businesses in Coventry, Leicester, Stoke, Derby, Nottingham and Birmingham.
Company Voluntary Arrangement (CVA) and how it might help companies in Leicester, Nottingham and Derby.
Company Voluntary Arrangement (CVA) and how it might help companies in Birmingham, Coventry and Stoke
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Birmingham, Stoke, Coventry - How to wind up an insolvent company
Help Going Bankrupt for the company director
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Director claiming redundancy and other payments in Insolvency
Find debt help- Creditor’s Voluntary Liquidation
Bankruptcy Issue fee to rise again
Have you had a statutory demand served on you by AIC debt collectors
How Factoring Works
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Invoice Discounting Explained
FastCash when you really need it
FACTORING FOR RECRUITMENT AGENCIES
FINANCE FOR PRINTERS
PAYROLL FINANCE AND BACKOFFICE
I cannot pay my corporation tax bill
How a Bulgarian citizen can declare himself bankrupt in the UK
What to do if you can’t pay your Corporation tax.
Bankruptcy Tourism in England and Wales
Are you a computer contractor who can’t pay their company tax?
How to close an insolvent Home information pack company
How to close a UK limited company
How Company Directors Can Recover Money from the National Insurance Fund
Winding up a small business with no cost to a director
Not enough money to pay corporation tax
Shutting Down a Limited Company
I recovered 3 directors £24,000 from the National Insurance Fund
Eight rules on why you need to control cash flow
What happens if you don’t pay Crown debtsHMRC have issued some very helpful guidance for businesses on their website about what could happen to your company if you fail to pay the Revenue what is due. As they say, HMRC is responsible for making sure that
Reducing the risk of non payment by a customerReducing the risk of non payment by a customer is a good way to keep cash flow positive and avoid any problems with insolvency. Remember cash is king but, unless you get paid in cash at the time of providing y
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My Company is Bust! See if a Company Voluntary Arrangement will work
This is a phrase that we hear everyday. It is uttered by businesses large and small. Every sector of the economy is now encountering problems as access to funding has dried up and the consumer spending boom ratchets back in. People who are afraid of their own debt levels, and employment prospects, decide to spend less on impulse purchases and instead consolidate their finances, by paying down debt or saving.
The effect of this is that sales on the high street suffer. This exacerbates the problem, by meaning that these companies suffer a down turn in profits which results in them having to shed jobs to maintain profitability.
Everyday in the news another High Street chain closes or files for administration. Each one of these takes its supplies from British companies who either manufacture themselves or import from abroad.
From textiles to estate agencies, from mobility scooters to dyers, everybody is having to tighten their belts.
Debt Help for small tradersHelp for textile businesses
For many there is nothing left to tighten. For others the time they have to react is just too short.
However for everybody there may be a solution. As with all things insolvent, timely intervention is the key. The earlier a solution is explored the better chance it has of being successful.
There are a range of solutions which include non insolvency turnaround, through dividend returning CVA's and Administrations to pre-pack sale administrations and liquidation to the straight forward liquidated closure.
The fact that the limited company shell may have to close does not mean that a business dies. If you have a company that is bust, you need to take professional advice and take steps to minimise losses to your creditors. Failure to do so may cause problems for you in due course if you cause additional loses. This may result on personal liability for the directors as a result of wrongful trading.
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Types of liquidation