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.
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.
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.
Hundreds of jobs on the high street are in jeopardy as Ted Baker's operations teeter on the edge of Administration.
The Economic Crime and Corporate Transparency Act 2023 is ushering in a new era for Companies House, with the first wave of transformative powers set to take effect from 4 March 2024. These changes are poised to reshape the landscape of financial oversight, marking a significant milestone in the evolution of Companies House.
The UK entered into a recession in the second part of 2023 but what is a recession and how does it effect businesses?