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Page 16 of 22

Why Would Any Company Pay Dividends in Cash Instead of Stock?

Employee Rights during Business Closure

Shareholders of a company receive annual dividends as a return on their investment.  A company pays the dividends from their trading profit, known as their retained earnings, after Corporation Tax has been deducted. What are liquidating dividends? Dividends are a share of a company’s profits that is paid to shareholders, usually annually, based on the […]

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October 11, 2021


What Are the Pros and Cons of Debt-Free Companies?

UK Business

There are businesses the world over who aspire to be debt-free.  It’s that ideal, that dream of no money worries, which drives many business owners.  But is being debt-free really all it’s cracked up to be?  Whilst it may be the position so many strive for, in reality it’s not always the best option. What […]

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September 21, 2021


What Are Liquidation Proceedings?

CVA Process

In the UK, there is a set process to closing down or restructuring a limited company, whether it is solvent or insolvent.  This process is known as liquidation and can only be handled by a licensed insolvency practitioner (IP) in accordance with the Insolvency Act 1986.   Types of liquidation proceedings There are four main […]

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September 12, 2021


In What Cases Can I Proceed With the Liquidation of a Company?

disadvantage of personal insolvency

There are a number of situations whereby a company can be liquidated.  The majority of company liquidations are either voluntary or compulsory.  However, the circumstances for entering a company liquidation process are different for each company. When to enter company liquidation? There are three types of company liquidation: Compulsory liquidation – the company is unable […]

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August 30, 2021


How Important Is It to Find a Debt Consolidation Expert that is Reliable and Efficient?

Secured and Unsecured Debt

Nobody likes being in debt; if you are personally or professionally in financial trouble, the sooner you seek help from a debt consolidation expert, the quicker the problem can be resolved and agreements to pay back creditors put in place. However, if the debt consolidation expert you choose to work with is not reliable or […]

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August 19, 2021


What is the Procedure for a Members Voluntary Liquidation in the UK? Is It Complicated?

MVL

A members voluntary liquidation in the UK is a formal process to close a company and must only be entered into if solvent, i.e. there are sufficient funds to pay their debts including tax liabilities and any contractual obligations. So, why close the company? There are a number of reasons why directors of a solvent […]

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July 14, 2021


What Should I Do If I Have Shares in Companies Which Are Under Liquidation?

UK Business

If you are an investor with shares in a company, there’s always the possibility that the company may go into liquidation. If the company is solvent and it’s a case of winding up the company because it is no longer needed, or the owners wish to retire and there’s no-one to take over, as a […]

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July 7, 2021


Why Would a Company Use Liquidating Dividends?

UK Business

As a shareholder of a company, you can expect to receive annual dividends. These are a distribution to shareholders of the company’s profit, which are normally paid from the company’s retained earnings. However, as a shareholder you may receive what are known as liquidating dividends. But what are liquidating dividends and when would a company […]

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June 30, 2021


What Are the Consequences of Personal Insolvency in England?

Administering Insolvent Deceased Estates

In recent years the number of companies facing insolvency has reached levels not seen in three decades. This phenomenon has sparked widespread concern and raised important questions about the underlying factors contributing to this surge. It highlights the need for a deeper understanding of economic challenges, regulatory impacts, and the challenges facing businesses across various […]

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June 23, 2021


What Happens After You File for Bankruptcy in the UK as a Firm and as An Individual?

UK Business

Mention the word bankruptcy and people visibly recoil however, for partnerships and individuals who are struggling with debts in excess of £5,000 it could be the only solution. In January 2021 alone, there were 818 bankruptcies and 1,167 Debt Relief Orders (DRO) – an order that stops your creditors from taking legal action against you. […]

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June 16, 2021


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