HMRC paused many of its debt collection activities during the COVID-19 pandemic and has been delivering support packages like the Coronavirus Job Retention Scheme and Self Employment Income Support Scheme. Now that these support measures have come...
Read more...
A construction company, Pazhar Zvezdy Ltd, was wound-up in the public interest in the High Court earlier this year. The company traded as a residential and commercial construction company, but, following complaints,...
Read more...
Sunderland based Derek Milliagn (40) was the sole director of DMNE Limited and also of Dockyard Sunderland when the Insolvency Service begun an investigation into his activities with DMNE. He had failed to deliver up any accounting records of DMNE...
Read more...
Despite business saving measures and support packages, it could be that, now that the support has come to an end, you need to face the reality of business insolvency. As an employer, it’s a very difficult time when your employees are looking to...
Read more...
We have come across a growing trend of subcontractors who are facing financial difficulty, and in some cases becoming insolvent, because of unexpected and at times unwarranted or invalid Pay Less Notices (PLNs) issued by main contractors....
Read more...
Jacob Isaacs & Co Ltd, incorporated in August 1998 and classified as being in the wholesale trade was run by Isaac Jacobson, 51, from Salford until it was liquidated in July 2017. As part of the liquidation, the Insolvency Service...
Read more...
We’ve looked at how to spot signs of financial distress in your business, as well as your duties as a director. Now, let’s look at what the options are for your business. Restructuring plan With this option, time and speed are...
Read more...
Becoming a company director gives you a position of authority over the management of your business as well as responsibility for its performance. It is imperative that you understand your duties and responsibilities; general duties as detailed in...
Read more...
As R3 launch their Directors’ guide to getting #Backtobusiness, we’ve also been thinking about the importance of reviewing your business and knowing when to seek professional advice. Having worked with financially distressed businesses for...
Read more...
Car dealer John Brian Capper from Shipley, West Yorkshire, has been sentenced to an 18-month community order, including 250 hours of unpaid work, after failing to provide books and records when his company was wound up due to alleged tax liabilities...
Read more...