As lockdown restrictions continue to ease and businesses begin to trade again there are reasons to be optimistic. Consumer spending is rising as there is more confidence in our economic future. But companies need to be aware of the risks of...
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Latest company and individual insolvency statistics are still comparably low The latest monthly release of insolvency statistics for England and Wales was published on the 15 April 2021. * Overall, the numbers of registered company insolvencies...
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Here are some key points you need to consider to ensure the operational success of your business: 1. Management Information Ensure you have some and that you understand what it means. At the very least ensure that you know what cash you have...
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Cash (flow) really is king... It's important to realise that when a successful business grows it often places more pressure on cash flow which can lead to business failure, even though at a profit and loss level the business is successful. In fact,...
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Keith Alan Da Costa of Manningtree in Essex, the sole director of KAD Consultants Limited since its incorporation in May 2011, has been banned for 5 years after failing to provide adequate accounting records and not complying with tax...
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New pre-pack regulations have been approved by Parliament and will come into effect at the end of April 2021. What will these new regulations mean and what challenges are they likely to bring? What is a pre-pack? In many cases...
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Latest company and individual insolvency statistics are the lowest since January 2019 The latest monthly release of insolvency statistics for England and Wales was published on 16th March 2021. * Overall numbers of company and individual...
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If your business becomes insolvent and you need to cease trading and close, there are some options you should consider rather than simply dissolving your company. If you are a director of a limited company, you may also be an employee of the...
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Ban for Kent takeaway boss who hid sales to avoid tax Good View takeaway on Watling Street in Dartford was incorporated in April 2016, with Yue Chang Dai (56) the sole Director. The Company was unable to pay its debts and was placed into...
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Latest company and individual insolvency statistics remain low. The latest monthly release of insolvency statistics for England and Wales was published on 19th February 2021. * Overall numbers of company and individual insolvencies have...
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