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.

Closing a limited company is a decision often driven by various circumstances, such as financial challenges, changes in business direction, or retirement. Regardless of the reasons behind the closure, understanding the most cost-effective way to wind up your limited company is essential. In this article, we will explore several strategies and avenues to help you close your company while minimising the cost.

This guide offers key tips for choosing the right Insolvency Practitioner, covering qualifications, tailored advice, accessibility, transparency, and trustworthiness to ensure the best support for your business’s financial recovery

A declaration of insolvency is a formal acknowledgement that a business or individual cannot meet debt obligations, leading to formal insolvency proceedings aimed at resolving financial difficulties.

Learn how to sell company assets during financial distress, ensuring fair value, legal compliance, and proper documentation while maintaining business continuity. Contact Parker Walsh for free, expert advice.

Explore how administration can protect your business, offering rapid relief and strategic options compared to liquidation. Learn more about its benefits and when it’s the right choice.