Cooperating fully in a liquidation is vital. Transparency prevents delays, investigations and personal risk. Hiding information only worsens matters, while honesty helps insolvency practitioners achieve the best outcome for everyone involved.

This article explains HMRC debt escalation, enforcement risks, and when directors should consider a Company Voluntary Arrangement (CVA) or Creditors’ Voluntary Liquidation (CVL), featuring expert insights from insolvency practitioner Molly Monks.

A clear overview of how a Members’ Voluntary Liquidation works in 2026, outlining tax benefits, legal requirements, director considerations and the vital role an Insolvency Practitioner plays in a compliant, efficient company closure.

An overdrawn director’s loan account can create personal liability during liquidation. This guide explains how it’s treated, tax implications under section 455, set-off options, and steps to minimise risk before a CVL.

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.

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.

Explaining the benefits of a CVA and how it can allow a business to restructure its debts.

As of April 2025, employer NICs have risen to 15%, increasing financial pressure on businesses. Parker Walsh offers solutions like restructuring, CVAs, and administration to help companies adapt without closing. Act now for support.