Do the promising Q2 Insolvency statistics in the UK tell the full story?
The Insolvency Service have released their most recent set of quarterly statistics covering April to June of this year, which make for
Could a Company Voluntary Arrangement be the best option for a business facing financial distress during COVID-19?
With the continuing crisis brought on by COVID-19, many companies across the UK are facing an unprecedented set of financial challenges. Many
Why business cash flow is more important than ever
Cash flow is at the heart of any healthy business. A strong case could be made that with the challenges facing companies
How are companies going to meet their payments as the VAT deferral scheme ends?
Following an announcement from the Chancellor on 20th March 2020, VAT registered businesses in the UK have been permitted to delay the
Risks for companies who are found to have misused COVID-19 related government reliefs
Today, our Business Recovery director and insolvency practitioner Ben Cowgill provides a few helpful thoughts on what approach HMRC may take to
How learning from failure can be the making of a business
In a recently published article in Business Insider, Insolvency Experts Partner Jason Elliott looks at how learning from failure can be the
What can a bailiff legally take from my workplace or home?
Enforcement officers, also known as bailiffs can be appointed by a creditor to recover the money which is owed to them. Nick
What is a Partnership Voluntary Arrangement (PVA)?
A Partnership Voluntary Arrangement (PVA) is an agreement whereby Partnerships repay a proportion of business debts to unsecured creditors. It is useful
Clampdown on ‘Hidden Employees’ brings in over £800m for HMRC
Investigations into payroll arrangements among companies across the UK brought in over £800m to the Treasury during the 2016/17 tax year. Ben
If I suspect a customer or a supplier are in financial distress – what should I do?
If you believe a supplier or customer is experiencing financial distress, it is important to find out as much as possible about