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.
Minimum wage increases from April 2026 will raise staffing costs for many businesses, particularly those employing younger or lower-paid workers, placing pressure on margins, recruitment decisions and long-term workforce planning.
Rising costs are squeezing businesses, but proactive planning around rates, staffing, cash flow and structure can protect profitability and help owners stay resilient in a challenging economic climate.
Business rates reform from April 2026 introduces permanent relief for hospitality and leisure businesses, but careful planning is essential to manage revaluation impacts and rising operational pressures.