When an energy supplier becomes insolvent, it means that the company is unable to pay its debts and is unable to continue operating as a business. This can be a…

There are many reasons why a charity may be liquidated, such as financial difficulties, mismanagement, or criminal activity. There are many reasons why a charity may be liquidated, such as financial…

Knowing when to inform your staff that your company is insolvent is a delicate matter that requires careful consideration. Transparency and open communication are crucial, but it is essential to…

Antecedent transactions are specific types of transactions that were made prior to a company entering formal insolvency proceedings such as liquidation. These transactions, carrying the potential for fraudulent or preferential…

Business restructuring is a crucial process that many companies undergo at some point in their lifecycle. It involves making significant changes to an organisation’s structure, operations, or financial model in…

An Insolvency notice is a formal publication of certain insolvency events, theses are a legal requirement of the Insolvency Act and the Insolvency Rules 1986. Insolvency notices are published in…

Free insolvency advice can be a valuable resource for directors of limited companies and businesses facing financial difficulties.  In this situation, it is important to seek out expert advice as…

In a Company Voluntary Arrangement (CVA), employees may be affected in a number of ways. One of the most significant ways is through potential job losses. If a company is…

In an insolvency procedure an asset can simply be described as resources or an item of value which is owned by a company. Business assets are those that are used by…

The process of buying businesses in administration can be complex, but there are a few key things to keep in mind. First, it’s important to research the business carefully. This…