Strike off is a low-cost route to close a UK company when fully solvent. Confirm eligibility, manage risks, notify stakeholders, settle liabilities, handle assets carefully, file DS01, and monitor Gazette notices.

HMRC lost around £836 million in 2022-23 due to small-business phoenixing, now accounting for one-fifth of its uncollected tax losses. Government bodies are tightening laws and enforcement to stop the abuse.

UK GDP flatlined in July, raising fears of stagnation. Business leaders are urging the government to avoid further tax rises in the Autumn Budget and instead prioritise policies that encourage growth and investment.

UK businesses face higher costs this October as Ofgem raises the energy price cap. Parker Walsh highlights challenges for firms, from squeezed margins to efficiency strategies, amid ongoing market volatility.

Licensed insolvency practitioner Molly Monks supports directors with clear, professional guidance, dispelling myths, ensuring legal compliance, and delivering practical solutions to restructure, stabilise, or manage company closure with integrity.

Early warning signs of financial distress require swift action. Parker Walsh offers expert, affordable insolvency advice, free initial consultations, and tailored strategies to help stabilise or close struggling businesses responsibly.

Company directors must follow statutory and non-statutory duties, including record-keeping, transparency, and acting in good faith. These obligations protect shareholders, creditors, and the company, ensuring responsible management and accountability under UK law.

Company directors risk disqualification for unfit conduct, such as failing legal duties or mismanaging finances. Understanding obligations, seeking legal advice, and acting responsibly help protect both personal standing and company interests.

Feeling overwhelmed as a company director? You're not alone. Our latest article shares real stories of directors who found support, solutions, and peace of mind.