If COVID, floods, cyberattacks, supplier meltdowns or the good old British weather have taught us anything, it’s this: things go pear-shaped. And when challenges do arise, it’s often the businesses without a clear plan that struggle the most. That’s where a Business Continuity Plan (BCP) becomes essential. It’s not just a box-ticking exercise—it’s your practical …
The Key Elements of a Business Continuity Plan in the UK Read More »
Thinking of dissolving your limited company? Maybe the business isn’t quite cutting the mustard anymore, or you’re just ready to call it a day. Whatever your reason, you’ll need to go through the proper steps to shut up shop officially. At Simple Liquidation, we’ve helped hundreds of directors navigate this minefield, from solvent closures to …
Step-by-Step Guide to Dissolving Your Limited Company in the UK Read More »
MCE Insurance, once one of the UK’s leading motorcycle insurers, has officially entered Creditors’ Voluntary Liquidation (CVL). This significant development has attracted considerable attention across the insurance and insolvency sectors. For policyholders, creditors, and industry observers, the move is a sad moment for a firm that had operated in the UK insurance market for nearly …
MCE Insurance Enters Creditors’ Voluntary Liquidation Read More »
When a company faces liquidation, many directors feel overwhelmed and uncertain about what comes next. But one of the most important aspects of this process is understanding your legal obligations. If you’re a company director navigating liquidation, knowing your responsibilities can help you avoid personal liability and ensure the process is handled correctly. This blog …
What Are a Director’s Legal Duties During Company Liquidation? Read More »
When a business reaches the end of the road, liquidation often becomes the necessary next step. But what happens when the company is already insolvent, creditors are circling, and there’s no money left, not even enough to pay for the liquidation itself? It’s an uncomfortable but increasingly common scenario. Directors are under pressure to act …
What Happens If You Can’t Afford to Liquidate Your Company? Read More »
For many company directors, the idea of liquidation can feel like entering unfamiliar territory. Whether you’re closing down a solvent business or facing financial difficulties, understanding the process is key to making the right decisions. To make things clearer, we’ve put together this guide: the top 10 UK company liquidation FAQs that directors are asking …
Top 10 FAQs About Liquidating a UK Company in 2025 Read More »
Babease was once seen as a rising star in the world of organic baby food. Their colourful pouches of healthy meals for babies were available in top UK supermarkets, including Tesco, Waitrose, and Boots, as well as online through Amazon and Ocado. However, behind the scenes, things weren’t as healthy as the food they were …
Babease Goes Bust: The Costly Collapse of a Promising Baby Food Brand Read More »
Quiz Clothing, a prominent UK fashion retailer renowned for its stylish occasion wear, has faced significant challenges in recent years. The company’s journey has been difficult, from financial downturns to restructuring efforts. This blog delves into the current state of Quiz Clothing, the factors contributing to its struggles, and the potential paths forward. The rise …
Will Quiz Clothing Survive? Exploring the Future of the Struggling Retailer Read More »
When a business in the UK reaches the end of its life cycle, the terms ‘liquidation’ and ‘dissolution’ are often used, though they represent two distinct processes. Both are means of closing down a company, but they differ in the procedure, the legal implications, and the timing involved. Understanding these differences is essential for business …
Differences Between Liquidation and Dissolution in the UK Read More »
The introduction of the IR35 reforms has significantly impacted limited company contractors in the UK. Many contractors are now reconsidering their operating structures as working through a limited company is no longer as tax-efficient as it once was. If you’re an IR35 limited company contractor facing this dilemma, it’s essential to understand your closure options …
Closure Options for IR35 Limited Company Contractors in the UK Read More »
Simple Liquidation
