Exploring the duties of directors when facing insolvency and how to protect themselves legally.

Insolvency doesn’t mean failure - it’s about understanding your options and taking the first step toward a more sustainable future.

As of April 2025, employer NICs have risen to 15%, increasing financial pressure on businesses. Parker Walsh offers solutions like restructuring, CVAs, and administration to help companies adapt without closing. Act now for support.

An overdrawn director’s loan account occurs when directors owe money to the company. Learn what it means, how it’s recovered, and what to do if you can’t pay.

Clarifying common misconceptions about insolvency and liquidation

UK businesses face mounting pressures from rising National Insurance, wage increases, and inflation. With operational costs soaring, many are struggling to survive. Early action and financial planning are crucial for stability.

Independent second-hand stores are struggling due to online resale platforms, fast fashion, and rising costs. Parker Walsh offers expert insolvency support, helping business owners explore restructuring, debt management, or liquidation options.

A guide to recognising financial distress early and taking proactive steps.

Pre-pack liquidation sells a company’s assets before winding it up, while pre-pack administration aims to rescue the business through a pre-arranged sale, allowing it to continue trading.