Advice
Take a look through our informative advice articles, to help you understand what help is available for you and your business.
Struggling with debts before Coronavirus: Should I hang on?
It’s not unusual for a company to find itself in financial trouble, but the COVID-19 outbreak is certainly testing many more businesses across the UK
Should I close my business because of Coronavirus?
The COVID-19 outbreak means businesses in the UK – and, indeed, many more companies worldwide – are facing arguably their most important test yet. If
What is an IVA – Individual Voluntary Arrangement?
The Government introduced individual Voluntary Arrangements (IVA) in 1986 as an alternative to bankruptcy. The process provides a formal structure based on affordability rather than
Why you shouldn’t try to avoid IR35
IR35 is a significant tax change with serious implications for contractors and businesses that is being rolled out in April 2021. Small businesses and freelancers
What To Do if Your Company is Having Financial Difficulties
Companies frequently fall into financial trouble – it’s not a pleasant experience, but a plan for dealing with it is essential. Whether a business faces
What to do if your company is going into liquidation
If your company is heading towards Liquidation, there are two ways this can happen: voluntarily through Creditors’ Voluntary Liquidation (CVL) or involuntarily through Compulsory Liquidation.
What is a County Court Judgment (CCJ) and what can I do about it?
A County Court Judgement (CCJ) is a court order registered against a company, usually resulting from a business repeatedly failing to pay its creditors. A
The benefits of liquidating and dissolving a limited company
Liquidating your business may seem like a hugely daunting prospect, and it is generally seen as a last resort. But when you find yourself unable
Should you restart your limited company?
If you’re facing the worst-case scenario of your business being unable to pay its bills, you’ll be faced with some stark options. It’s a position
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