Can you stop a winding up petition?
A question we often receive is: “Can I stop a winding up petition if it has reached this stage?” The answer depends on timing and the actions you take. Early intervention is key.
Difference between liquidation and administration
Liquidation and administration are two common insolvency procedures used when a company faces financial distress. Both aim to deal with companies that can no longer pay their debts and continue trading viably but they work in different ways. Liquidation involves selling off a company’s assets and using the proceeds to pay off its debts. Liquidation […]
What is company liquidation?
If you’re a company director or shareholder thinking about closing your business, liquidation is one way to do this. Here we discuss what liquidation is, the different types of liquidation, and the implications for a company and its stakeholders.
Does liquidation mean closing?
Liquidation is the process of winding up your company’s affairs and closing it. It involves selling off your company’s assets and using the proceeds to pay off debts if possible.
What happens to a director of a company in liquidation?
If you can’t pay staff wages, you’re not alone. Hear our expert’s practical advice on the options available to you and your business.
What happens if you can’t make your CBILS repayments?
If you can’t pay staff wages, you’re not alone. Hear our expert’s practical advice on the options available to you and your business.
What to do if you can’t pay staff wages
If you can’t pay staff wages, you’re not alone. Hear our expert’s practical advice on the options available to you and your business.
What happens to employees when a company goes into liquidation?
The potential loss of income when an employer enters liquidation is a major concern for employees. Will they still be paid what they’re owed? We’ll aim to answer that question in this short article about what happens to employees when a company goes into liquidation. Will employees still be paid what they’re owed when a […]
Bounce Back Loans and personal liability
If you can’t repay your Bounce Back Loan and personal liability is something that you’re worried about, we talk you through the facts and your options
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