This article examines director liability after resignation. While day-to-day responsibilities cease immediately, liabilities for past actions persist, including insolvency-related debts, fraudulent conduct, director's loans, personal guarantees, and statutory obligations.

Addressing the emotional toll of financial distress and how directors can seek support.

Administration vs liquidation solutions and their pros and cons - which is best for your business?

Discussing the advantages of an MVL for business owners looking to close profitably

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