The UK retail giant Debenhams has officially failed in its last ditch efforts to save itself from permanent closure due to them not being able to secure business-saving funding. It…
Under the Companies Act, 2006, directors can be held personally liable for losses caused to creditors where ’misfeasance’ has occurred. If the company has to be liquidated, the office-holder will…
Business debt is when money which is owed, cannot be paid. A good signal that the business is experiencing debt issues is when the business (or company) lacks a steady…
Members’ Voluntary Liquidation or MVL is a legal process used to formally wind-up a solvent company’s affairs. Only a licensed Insolvency Practitioner may act as Liquidator. The process allows all…
If you’re looking to close your limited company, or have been forced into the situation by the recent events caused by Covid-19, it’s important you know the widespread of options…
Liquidation is a process through which a business is closed, with its remaining assets distributed to creditors and shareholders. Most of the time, this occurs when a business becomes insolvent, meaning…
With autumn making its presence firmly felt here in Bristol, many people are finding the lure of comfort food like pies impossible to resist – but it’s about to get…