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5 Practical Ways to Save Your Company in 2025
Running a company is no easy feat, and in today’s volatile economic climate, many businesses are struggling to stay afloat. Whether due to increasing debt, falling profits, or operational inefficiencies, numerous challenges could push a business toward insolvency. However, there’s hope. If you’re looking for ways to save your company, there are several practical strategies […]
February 18, 2025
Types of Industries with Complex Liquidation Procedures
Liquidation marks the end of a company’s financial journey but can be far from simple. Some industries face greater challenges due to their operations, regulatory environments, and multiple stakeholders. Understanding these issues helps business owners, directors, and stakeholders better prepare for and manage the process. This blog explores industries that commonly encounter complex liquidation procedures […]
February 5, 2025
The Impact of Tax Raids: Is the Private Sector at Risk?
In recent years, UK businesses have faced an increasing strain from rising taxes and regulatory burdens. The UK business tax raid has triggered significant concerns within the private sector as businesses, particularly small and medium-sized enterprises (SMEs), struggle to cope with the mounting costs. The government’s approach to taxation, designed to aid recovery from economic […]
January 29, 2025
Why UK Interest Rates Are Set to Fall at a Slower Pace After the Budget?
Rising interest rates have influenced the UK’s economic environment over the past year as policymakers worked to control inflation. However, following the latest budget announcement, the pace of future interest rate cuts is expected to slow down. While many hope for a reduction in rates, the pace of these cuts is likely to be slower […]
January 23, 2025
Impact of Economic Challenges & How Insolvency Evolved This Year
The economic landscape in the UK has been shaped by significant challenges. From fluctuating energy prices to rising interest rates and the persistent aftermath of a global pandemic, businesses and individuals have faced mounting pressures. These dynamics have inevitably influenced the insolvency sector, prompting innovation, adaptation, and what we now call the insolvency evolution in […]
January 20, 2025
Cash Flow Insolvency vs. Balance Sheet Insolvency
Insolvency can be a challenging and complex issue for businesses to manage. If you’re a business owner or involved in financial management, it’s essential to understand the different types of insolvency that may arise. Two key terms are Cash Flow Insolvency and Balance Sheet Insolvency. Though they may sound similar, they represent particular financial conditions […]
January 17, 2025
Director Disqualification and Personal Liability in Insolvency Cases
Insolvency is an unfortunate reality for many businesses, but the consequences can go far beyond the company itself. Directors of insolvent companies may find themselves facing both professional and personal consequences. Among the most significant risks are director disqualification and personal liability in insolvency cases. Understanding the implications of these legal actions is essential for […]
December 31, 2024
Top Signs Your Business May Face Insolvency in 2025
As we approach 2025, businesses across the UK face rising costs, supply chain disruptions, and fluctuating consumer demand. These are just a few factors that can lead to financial strain. For some businesses, these challenges may become too much, resulting in insolvency. Recognising the warning signs early can help you to be proactive in protecting […]
What Happens After Liquidation?
When a company finds itself in financial trouble it can’t resolve, liquidation is often the best way forward. In basic terms, liquidation is a formal process that involves closing down the business and selling off its assets to pay as much of its debts as possible. Though it’s a tough decision, liquidation provides a clear […]
December 23, 2024
Can Your Business Recover from Liquidation?
Liquidation is a term that often evokes concern and anxiety among business owners. While it may seem like the end of the road, it’s essential to understand that recovery is possible. Many businesses have navigated through the difficulties that liquidation brings and emerged stronger on the other side. This blog explores how your business can […]
December 17, 2024
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