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5 Alternatives To Company Liquidation For Directors
When a company is facing financial difficulties, directors may feel that liquidation is their only option. However, there are several alternatives to company liquidation that directors can
Can A Company Be Profitable But Not Liquid?
Running a company can be challenging and even the best businesses require those in charge to juggle all sorts of priorities in order to ensure their success.
What’s the Role of SIP 16 in a Pre-Pack Administration?
The ethical implications of a pre-pack administration are often called into question due to what is often perceived as a lack of transparency, particularly as the business
When Should Shareholders Force A Company Wind Up?
As a shareholder of a business, it goes without saying that you would want any company you invest in to do well and thrive. Therefore, any decision
8 Signs A Company Is In Financial Trouble That Shareholders Should Look Out For
While not necessarily terminal, ongoing financial difficulties can have a serious impact on a company's operations, profitability, and even share price, which is why it's important for
Secured Creditor Vs Unsecured Creditor: What’s The Difference?
When a company enters into formal insolvency proceedings, such as liquidation or administration, the creditors are placed into a hierarchy determining the order in which they’re repaid.
What Happens If A CVA Is Rejected?
A Company Voluntary Arrangement (CVA) is a business rescue tool that can be used to help struggling companies manage their debt. It involves the company making an
Can’t Pay Bounce Back Loan? Here’s What To Do Next
The government introduced bounce back loans during the Coronavirus pandemic in order to support struggling businesses throughout such an unprecedented period. The scheme enabled businesses to take
5 Practical Ways To Improve Business Resilience
Building business resilience is crucial for ensuring that your company has the means and processes in place to survive hard times. This is particularly topical in the
What Is A Zombie Company?
If you’ve heard the term “zombie company” used in economic environments, you may be wondering what it’s referring to. In the simplest terms, a “zombie company” is
What Are The Effects Of High Interest Rates On Businesses?
Over the past year, the UK economy has seen interest rates soar to unprecedented levels. In October 2022, the rate reached 2.25%, the highest level for 14
What Happens If A Business Is In Debt?
What happens if a business is in debt really depends on how the directors of the company react. By acting at the first signs of trouble, there