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What to Do if You Can’t Afford an Insolvency Practitioner to Liquidate Your Limited Company

If you can't afford an insolvency practitioner, try voluntary strike-off, negotiating with creditors, or debt charities. However, an Insolvency Practitioner is ultimately valuable.

What happens to a directors loan if the company is liquidated?

When a company is liquidated, directors' loans are scrutinised, and their treatment depends on whether the director owes money to the company or vice versa. Directors should manage these loans carefully to mitigate financial risks.

Liquidation questions? We're available whenever you need us

To support directors during this challenging time, I ensure they have my direct contact details. I understand that questions and concerns can emerge outside regular working hours.

If my limited company closes, will I lose my house?

In this article, we will delve into the different scenarios that may lead to the closure of a limited company and examine the implications on directors, focusing on personal liability and director's loans.

Can I liquidate my limited company and open a new one?

Is it possible to liquidate a limited company and open a new one? Yes, it is, but it's essential to consider legal, financial, and practical implications.

What happens if you do not pay back your Bounce Back Loan?

In the wake of economic uncertainties, the UK government introduced Bounce Back Loans (BBLs) as a lifeline for struggling businesses during the COVID-19 pandemic. However, companies are now facing difficulties in repaying the bounce back loans.

What happens if I don't pay my company tax bill?

In the world of business, it is highly likely that your company will at some point pay tax; be it VAT, PAYE/NI or Corporation Tax. Businesses can find themselves juggling an array of financial responsibilities and it can become overwhelming, especially if the business is unable to meet its tax obligations.

Understanding Your Employee Rights When Facing Redundancy

Facing redundancy can be a challenging and uncertain time, but it's crucial to be aware of your rights as an employee during this process. Knowing how to make a claim and understanding what you're entitled to can help ease the financial burden. We've put together a comprehensive guide to redundancy and your rights.

The ‘dos and don’ts’ for directors if your company is insolvent and may enter into Liquidation

It is important to understand the roles and responsibilities of being a director when your company is entering in to liquidation. In this article, we look at the dos and don'ts of your responsibilties.

Insolvent Liquidations from

£2,995

(plus VAT including all expenses)

More information

Solvent Liquidations from

£1,995

(plus VAT including all expenses)

More information

Insolvent Liquidations from

£2,995

(plus VAT including all expenses)

More information

Solvent Liquidations from

£1,995

(plus VAT including all expenses)

More information
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