Articles

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How a Company Voluntary Arrangement (CVA) Can Help Businesses Survive Financial Distress

Explaining the benefits of a CVA and how it can allow a business to restructure its debts.

HMRC Accused of ‘Losing Control’ as Small Business Tax Gap Soars to 40%

New figures released by HMRC reveal a concerning rise in unpaid corporation tax among the UK’s small businesses, prompting claims that the tax authority has “lost control” of the sector.

The Psychological Impact of Insolvency on Business Owners - And How to Cope

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

Small Business Insolvency: What Are Your Options?

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

WeightWatchers Files for Bankruptcy Amid Changing Weight Loss Trends – A Sign of a Wider Industry Shift

WeightWatchers’ bankruptcy highlights the growing impact of fat-loss injections—a shift that has also led to the liquidation of another long-established UK provider.

Molly Monks Appointed to Prestigious Committee at the Insolvency Practitioners Association

Molly Monks, founder of Parker Walsh, has been appointed to the Insolvency Practitioners Association’s Regulatory, External Affairs and Member Services Committee, strengthening our leadership and commitment to best practice

What is an Overdrawn Director’s Loan Account (ODLA)?

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.

Why UK Businesses Are Facing Their Toughest Year Yet

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.

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