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5 Signs A CVA Could Save Your Business
If your business is struggling with financial issues, it’s easy to think that you’re facing the beginning of the end. However, while financial issues should be dealt
What Are The Insolvency Options For Construction Companies?
Construction is a financially volatile sector. The high cost of materials and labour, combined with delayed payments and thin profit margins, creates significant cash flow pressures. Successful
What Happens In The First 30 Days Of Company Administration?
Entering into company administration can seem like a major worry, but entering into it does not always indicate the end of the business. As an insolvency procedure,
How Long Should You Keep Company Records After Liquidation?
You might assume that it’d be fine to dispose of your company records after it’s been liquidated, but whether you’re a sole trader or running a limited
Can Small Businesses Use A CVA? Eligibility Explained
To allow your business to stay alive while paying back a manageable amount of debt, you might be best off making use of a Company Voluntary Arrangement
Checklist: Is My Company Insolvent?
Every single business owner will experience cash flow challenges at some stage. However, not every cash flow problem necessarily implies insolvency. The challenge lies in determining the
What Happens To Shareholders In A CVA?
Most people are aware of the potential impact a company voluntary arrangement (CVA) can have upon a company’s creditors and employees; however, very few are aware of
Can A Company Survive After Administration?
Most people worry that when a business goes into company administration, it is usually the start of the end. Customers can lose confidence in the business, suppliers
What To Do If You Think Your Company Is Insolvent
Knowing that your company could be insolvent can certainly be a stressful experience. Many times, Directors feel pressured by creditors, suppliers, and employees to either attempt to
Director Disqualification: Causes, Risks & How To Avoid
All company directors have a number of obligations they need to follow. Some of those obligations may appear obvious, but some are less so. The key thing
What Are The Insolvency Options For Hospitality Businesses?
The hospitality sector is inherently fast-paced and competitive, with many aspects affected by outside factors. This year has added additional challenges to an already difficult market. Energy
What Happens To Debt When A Company Goes Into Liquidation?
Liquidation is a formal legal process with a clear purpose: to deal with a company’s assets, liabilities, and outstanding debts in an orderly way before closing the