Stapleford Park Hotel, a renowned Leicestershire venue, has entered liquidation, resulting in the loss of 92 jobs and cancelled bookings.

This article compares the experiences of directors who’ve worked with other insolvency practitioners and explains how Parker Walsh offers a more tailored and supportive service.

Preferential creditors, such as employees and HMRC, are paid before non-preferential creditors in insolvency, meaning they have a higher chance of recovering their debts.

Liquidation can take 6 to 24 months, depending on the type of liquidation and complexity of the company’s assets. What are the different types of liquidation?

Although, it is a good idea to be prepared for your initial meeting with an Insolvency Practitioner; please don’t worry – my advice is free so there is no need to clock watch and if we don’t cover all your questions in the first meeting, you call or text me or set up another meeting.

Business Asset Disposal Relief (BADR) remains available for Members' Voluntary Liquidations. Act now to secure the current 10% tax rate before potential budget changes.

The Body Shop's remaining UK stores have been rescued from administration by a consortium led by Mike Jatania, safeguarding 1,300 jobs. The new owners aim for a sustainable future.

Like many businesses, The Body Shop did not see the footfall it needed over Christmas and in the January sales, the company is now in significant financial trouble and there are planned shop closures and redundancies.

Insolvencies in England and Wales rose by 16% year-on-year in July, highlighting ongoing struggles for businesses despite a cautiously improving economic outlook.