What is a Zombie Company?
The term zombie company was originally coined by the media around 1990 in Japan; the banks deemed some companies, with…
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What happens when a company goes into administration
Administration of a Limited Company or PLC can be an intimidating process for many company directors, even so it can offer…
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Starting A New Company After Liquidation
The number of companies face financial difficulties during their business life is rising. However, for some, the very realistic threat…
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What is an IVA completion certificate?
Once you have completed your IVA the insolvency Practitioner will issue a completion certificate, this is an important document and should…
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Independent retailer insolvency cases to pile up this year?
June 21st was set to be the day the UK returned to the pre-Covid way of living, for the most…
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UK Gap store closures incoming
Gap was at the top of the fashion retail chain back in the 90s, but these days things are very…
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Monthly UK insolvency statistics – May 2021
The month of May 2021 was the first month where the total number of insolvencies increased compared to 2020. A…
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Can I be a company director if I have an IVA?
One of the main reasons a company director may consolidate their debt issues by using an IVA compared to bankruptcy…
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Can I be a director and have a criminal record?
If you have a criminal record and are currently wondering if this would stop you from becoming a director of…
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What Does Liquidation Mean?
Many business owners have no call to understand what liquidation is until it’s too late. Put simply, ‘liquidation’ refers to…
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