Latest Blog
Latest Blog
Can I reuse my company name after I liquidate my business?
As the director of a company you may be considering liquidation in order to start a new business. In the event of liquidating a company
What should I consider for business recovery when the market conditions improve?
When Recovery happens – things you may wish to consider. The seeds for failure can often be planted in good times. As such it may
Improve Payment Terms – Big Companies Told
Big companies in the UK are being told by the government to pay their suppliers within 30 days of receiving their invoices. That timeframe represents
Business Acquisition Opportunity – Project Barnaby
Online Tyre Retailer – Turnover c. £2m An established, dynamic business, specialising in the online retail of tyres, tubes, wheels and accessories. Key Highlights: •
Business Acquisition Opportunity – Project Action
Sports Marketing Agency Midlands based Turnover c. £500k An established sports advertising and marketing agency, specialising in the supply of marketing collateral to leading sports
Preferential Creditor Status Resumes for HMRC – Practical Effects
December 2020 saw HM Revenue & Customs regain their preferential status in UK insolvencies. This will have small, but unwelcome consequences for all company directors
Testimonial for Lucas Ross
Always makes you feel proud to receive positive feedback. “Making contact was a very difficult decision for me(something I had been putting off), however, Phil
Moratorium – the NEW Insolvency Act 1986 Procedure Providing Breathing Space for Turnarounds
In 2020 amongst the global Coronavirus pandemic, the UK government introduced a brand new corporate insolvency process – the Moratorium.
Finance Act & Personal Liability for Company Tax Debts
Directors are now liable for company tax debts when a company fails thanks to the Finance Act 2020. Here Kevin Lucas talks briefly about the
CVA – Company Voluntary Arrangement – FAQ’s
What is a CVA? A CVA is a Company Voluntary Arrangement.It is a mechanism that allows an entity to reach an acceptable settlement of its
What Happens If Businesses Cannot Repay Bounce Back Loans
In March 2020 the government introduced the Coronavirus Business Interruption Loans (CBILS). Companies initially criticised the CBILS programme for it needing PG’s and not being
2020 Key Point Recap (plus a few for 2021)
A 90 second quick summary of key points from 2020 and some coming in 2021 in the Insolvency and business recovery arena.https://www.youtube.com/watch?v=LifsdzFcbp4