How to Close a Company Due to IR35 Reforms?
HMRC’s IR35 reforms have wide-reaching implications for contractors, these reforms are intended to stop people from using the limited company structure as a means of tax avoidance, have had a…
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Debenhams enters liquidation – job losses on the way
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…
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What is misfeasance under the Companies Act, 2006
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…
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Business Debt Advice
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…
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Members’ Voluntary Liquidations
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…
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Information and options for closing your limited company
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…
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Liquidation
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…
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Lovett Pies of Bristol announces it is to close
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…
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