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?

Restaurateur, Heston Blumenthal, has called for new measurers to be put in place to stop identify fraud being committed through Companies House. The scammers are setting up a limited company under a similar name to the group and then taking advantage of the brand to receive goods or using overdraft banking facilities.