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If you receive a Winding up Petition, this could have very serious consequences for both you and your business. It is therefore very important to understand what a Winding up Petition is and the implications of receiving one. A Winding Up Petition could have serious consequences for you and your business. It is therefore very […]

How does bankruptcy affect business owners? We discuss what the impact would be for Directors, Sole Traders and Employees, and look at what alternatives are available to keep the business going. For senior business managers or owners, Bankruptcy is not an option if you want to continue managing your business. Where you have debts which […]

In the current market many businesses are finding that they have been issued with a County Court Judgment commonly known as a CCJ. The purpose of this article is to explain what a County Court Judgment is, why they are issued and what the ramifications of receiving a County Court Judgment are. Since the autumn […]

I have come across many examples of small business owners or directors who use personal borrowing to supplement their business cash flow. Unfortunately due to the effects of the credit crunch, personal credit is now becoming much harder to obtain. What can be done about this… I have come across many examples of small business […]

If your company is in financial difficulty, you may be better off undertaking a Company Voluntary Arrangement instead of struggling to raise the funds necessary for a Pre-Pack Administration. If your business is in financial difficulty, you may be better off undertaking a Company Voluntary Arrangement rather than struggling to raise the funds necessary for […]