Plunging stockmarkets, self-isolation, social distancing, travel bans… there is no doubt that 2020 is shaping up to be a year with a unique set of challenges for everyone. Businesses will undoubtedly be affected by the short-, medium- and long-term effects … Continue reading
Author Archives: Paul Moorhead
Happy New Year!
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
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
Nearly half of British adults are worried about debt
New research has revealed the extent of anxiety across the UK in relation to money matters, with 41% of British adults saying they are worried about their current level of debt. The proportion of people who are concerned about their … Continue reading
Rising personal insolvencies may be good news!
The latest official statistics on personal insolvency rates in England and Wales have revealed that the number of people using a formal insolvency procedure increased by 13% in 2016 compared with the previous year. On the face of it, this … 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