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When people hear of liquidation they usually think of businesses in trouble, and indeed the majority of firms that wind up do so because they…

For many businesses the quarterly VAT, monthly PAYE or annual corporation tax payment dates are a time of cashflow stress and often profitable businesses can…

Running a business is a complex and time consuming business. Often company owners feel that they are so busy that any form of paperwork is…

Liquidating a company can take two main forms; voluntary or compulsory. A compulsory liquidation happens when a creditor applies to the High Court for a…

Insolvency is often used as a catchall name for companies in trouble, but there it actually means a very specific state of affairs. It’s important…

Compulsory liquidation is the process of stopping a company trading, selling off the assets and distributing the proceeds to the creditors. This is usually the…

Most companies close their accounts in a ‘month end’ process where the results are tallied up and management accounts produced. Getting accurate and quick accounts…

One of the main benefits of forming a limited company is that the directors have no ongoing liability for any debts incurred through trading. This…

There comes a time in the life of many companies that the owners decide to cash in, but how do you actually go about preparing…