Mercian Cycles, a Derby-based bicycle manufacturer since 1946, is entering voluntary liquidation. Known for its bespoke, handcrafted bikes used by world-record-setting cyclists and global adventurers, the company's closure marks the end of an era for the iconic British brand.

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.

British online car retailer Cazoo, once valued at over £5bn, is entering into administration. The company has already cut over 700 jobs and is exploring a sale.

New checks introduced under the UK's Brexit trade agreement are expected to impose significant costs on businesses, with one company estimating expenses of up to £225,000 annually, according to its co-owner.

Ex-England and Liverpool player, John Barnes, banned from directorship for three-and-a-half years due to his company’s failure to pay over £190,000 in tax between 2018 and 2020.

Retail insolvencies have surged by nearly a fifth in the past year due to higher interest rates impacting debt-heavy British stores

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.

Amidst a challenging period for restaurants, Catch 22 Brasserie's candid post reveals industry-wide struggles, echoing concerns of dwindling footfall and impending financial challenges.

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.