Strike off is often the cheapest way to close a solvent company, but directors must understand when liquidation is more appropriate to avoid costly legal complications further down the line.

Closing one company and starting another is not illegal, but directors must understand the risks around insolvency, asset transfers, and creditor obligations to avoid personal liability or disqualification.

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.

Directors facing insolvent liquidation may face personal risk, but early action, accurate records, and guidance from a licensed insolvency practitioner can significantly reduce exposure and protect their future.

A Members’ Voluntary Liquidation offers a structured, tax-efficient way to close a solvent company, with professional guidance ensuring compliance, clarity, and peace of mind for directors throughout the process.

Bounce Back Loans helped many businesses survive the pandemic, but repayments can now place serious strain on cash flow. This article explains the options available when BBL repayments become difficult, from refinancing and restructuring to formal insolvency solutions, and why early advice is vital to protect both the business and its directors.

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.