A Company Voluntary Arrangement (CVA) and a Time to Pay (TTP) arrangement with HMRC are both mechanisms to help a business manage debt, but they differ significantly in scope, formality, and impact.

Strike off is a low-cost route to close a UK company when fully solvent. Confirm eligibility, manage risks, notify stakeholders, settle liabilities, handle assets carefully, file DS01, and monitor Gazette notices.

At first glance, you might be tempted to place your trust in Reggie, our ever-diligent Security Dog. He cuts quite the figure in his suit - attentive, loyal, and undeniably charming. But while Reggie is excellent at keeping the office safe and welcoming visitors, financial and insolvency advice requires a very different skill set.

Information Parker Walsh needs for a Members’ Voluntary Liquidation: director and shareholder details, bank accounts, directors’ loans, HMRC references, and remaining assets, enabling an efficient, compliant MVL via a questionnaire.

Licensed insolvency practitioner Molly Monks supports directors with clear, professional guidance, dispelling myths, ensuring legal compliance, and delivering practical solutions to restructure, stabilise, or manage company closure with integrity.

UK businesses face higher costs this October as Ofgem raises the energy price cap. Parker Walsh highlights challenges for firms, from squeezed margins to efficiency strategies, amid ongoing market volatility.

Early warning signs of financial distress require swift action. Parker Walsh offers expert, affordable insolvency advice, free initial consultations, and tailored strategies to help stabilise or close struggling businesses responsibly.

Company directors must follow statutory and non-statutory duties, including record-keeping, transparency, and acting in good faith. These obligations protect shareholders, creditors, and the company, ensuring responsible management and accountability under UK law.

Company directors risk disqualification for unfit conduct, such as failing legal duties or mismanaging finances. Understanding obligations, seeking legal advice, and acting responsibly help protect both personal standing and company interests.