Latest Blog
R3 Spotlight – Association of Business Recovery Professionals
He is at it again! Our very own Kevin Lucas FCA FABRP within his capacity on R3 Association of Business Recovery Professionals – SPG Committee
HMRC Furlough Clawback Scheme
After several changes have been made through-out the time that the scheme has been in place, the Furlough Scheme which came into place in March
Redundancy claims – Can IR35 directors claim redundancy? And if so what are the implications?
During the last 18 months a lot of IR35 consultant directors have decided to close their company via liquidation. What is IR35? IR35 is two
What are Zombie Companies?
Heard about zombie companies but not sure what they are? Then let Lucas Ross – Business rescue Recovery & Insolvency explain it to you. Think tank onwards reported that
Winding Up Petitions extended
At Lucas Ross – Business Rescue, Recovery & Insolvency, we understand that times can be tough and challenging, especially during the last year with the coronavirus
How are HMRC Involved with Company Insolvencies?
Dealing with HMRC can often be daunting and very time consuming if you are not familiar with their different departments, processes and powers. At Lucas Ross
Dissolving a company? Why Would a Company be dissolved?
Have you lost the passion for your job? Is your business just not making the money you need? Maybe a new opportunity has come along? Whatever the reason, sometimes it is
Overdrawn Director’s Loan Account
A director’s loan account is used to record transactions between the company and its directors. An overdrawn director’s loan account is simply a loan that
What Does The liquidator Do In A Liquidation?
Liquidating a limited company probably feels a little intimidating. Let’s face it you’ve worked hard to get your business up and running, and now you’re
What are debentures and floating charges and what does it mean when your company is insolvent
A debenture is a document that lays down the terms and conditions of a loan, and provides clarity and security to lenders if the borrowing
I am thinking of resigning as a company director!
We often get asked what are specific steps you and the company must take if I want to resign as a Company Director. Whether you
Inappropriate or Misleading Advice?
Would you be convinced? We have been appointed in a recent liquidation and one of the creditors brought this to our attention. After a cold