HMRC has strong powers to recover unpaid tax and can shut down companies quickly. Early advice and engagement can protect control, improve outcomes, and prevent winding up action from escalating.

Common insolvency myths stop directors acting early. Insolvency is not failure, personal assets are not always at risk, HMRC can negotiate, and timely advice preserves options and control and clarity.

Financial distress often develops gradually. Recognising early insolvency warning signs and seeking professional advice promptly can protect directors, preserve options, and prevent personal liability or enforced business closure.

When selling assets during insolvency, directors must act carefully. Early professional advice, clear ownership checks, independent valuations, proper documentation, and thorough records help protect directors and creditors.

When payroll becomes unaffordable and redundancies feel impossible, directors face serious legal and emotional pressure. This article explains duties, risks, realistic alternatives, and why early professional advice can protect both staff and directors.

Directors facing distress must choose wisely between CVAs, administration or informal standstills. This guide explains when each option works best, costs involved, risks, and how early advice improves rescue outcomes.

A winding up petition is a serious warning sign that can quickly lead to compulsory liquidation if ignored. This article explains what a petition means, what happens if the Court makes a winding up order, and why early professional advice is crucial to protecting control and exploring alternative options.

When a company becomes insolvent, directors still have clear legal duties. This article highlights the importance of protecting company funds, avoiding preference payments, and seeking early advice from a licensed insolvency practitioner to reduce personal risk and ensure a compliant liquidation process.