Licensed Insolvency Practitioners that provide advice & services relating to business recovery & business rescue for SMEs nationally with financial difficulties
Following yesterday's news that that Bulb will be the first energy supplier to enter a Special #Administration Regime, our latest blog takes a look at what happens in when an energy supplier becomes #insolvent: https://t.co/JpeG76kpr6
Can you dissolve a company with debt? There is a statutory procedure to follow via Companies House. However, there is a legal requirement to notify creditors and any creditor may object to dissolution. https://t.co/arvdcWSALn
#businessowners#businessdebt#taxdebt#bouncebackloan
The Pre-insolvency Moratorium offers viable, pre-insolvency companies temporary protection from creditor legal action for a period of 20 business days. https://t.co/xQ0CFylJ2L
#moratorium#companydebt#ccj#windinguppetition#accounting
In certain circumstances, a Winding-up Petition can now be presented against a company and proceeded with in court, irrespective of the impact that COVID-19 may have had on it. Defend a #WindingUpPetition https://t.co/iurvX5caI0
#Accountants#SMBs#BusinessAdvice#Hospitality
Ahead of the Autumn Budget and Spending Review, we've called on the #Government to encourage directors to seek advice at the first signs of #business distress, and to maintain and strengthen HMRC’s approach to viable #restructuring proposals: https://t.co/u6rzQ2gpf4
Did you know that the UK's insolvency and restructuring profession rescued 297k jobs and returned £1.82bn to creditors in insolvency cases in 2019?
You can find out more about the profession’s economic contribution in our Value of the Profession report: https://t.co/P4kSdnqqjR