Happy New Year 2018! Isn’t it amazing how January seems to come round more quickly each year? The world seems to be moving faster, with everything apparently speeding up and the weeks and months flying by at an ever-increasing pace. … Continue reading
Author Archives: Paul Moorhead
Insolvencies rise as uncertainty casts a shadow
The Government’s Insolvency Service have published new figures that show a big increase in the number of companies going bust in recent months. In the third quarter of the year ending September 2017, there were 4,152 company insolvencies in England … Continue reading
Business Survival Guide – Part 1
We often get asked, what are the most common business problems that we are asked to solve? Every situation is different however there are some common themes that we come across time and time again. Here we outline some of … Continue reading
Should we worry about the increase in company liquidations?
The latest statistics published by the Government’s Insolvency Service have shown that the number of companies going into liquidation has increased in the first three months of 2017. In the period January to March there were 3,529 company liquidations, an … Continue reading
The tax man is threatening to wind up my business – what can I do?
A very common reason for business owners to contact us is that they have been threatened with winding up by HM Revenue and Customs (HMRC). This is bound to cause sleepless nights about what to do next. The good news … Continue reading
Happy New Year! (unless you’ve got a VAT bill you can’t afford…)
The New Year is a time for celebration, reflection on last year and new resolutions and new opportunities for the year ahead. But for many business owners, a VAT bill due for payment in January or February can be an … Continue reading
Insolvencies rise as Brexit uncertainty shakes confidence
LATEST government statistics have revealed that the number of companies going bust and people becoming insolvent in England and Wales is once again on the increase. From what I can see, the figures are a reflection of continuing economic uncertainty … Continue reading
Changing business type? It pays to get it right
It is a sad fact of life that I am sometimes approached by company directors who have decided to close their companies as they have exhausted their options for continuing the business. It is a difficult decision for a business … Continue reading
Brexit and auto-enrolment pensions top list of business concerns
Uncertainty regarding the possibility of the UK leaving the EU, and worries regarding the introduction of auto-enrolment pension, are the joint top business concerns for UK companies according to research published by R3, the insolvency trade body. When asked about … Continue reading
New company rescue proposals put forward
Insolvency trade body R3 has made a series of proposals for introducing a new raft of provisions which would create better opportunities for companies to be turned around, with the aim of rescuing more businesses. The body has called for … Continue reading