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 »
If you have recently received a first Gazette notice for strike off, it’s essential to understand the significance of this notice and how it could affect your business. A first Gazette notice is a legal notification issued by Companies House in the UK, announcing the intention to remove a company from the official register. The
What Does a First Gazette Notice for Strike Off Mean for Your Business? Read More »
The sudden liquidation of Clarkebond (UK) Ltd in December, just three months after its acquisition by Independent Design House Group (IDHG), has shocked many in the engineering sector. A firm with a proud 77-year legacy, its abrupt collapse raises important questions about the changing dynamics in the industry, particularly concerning mergers and acquisitions, management practices,
Liquidation can be a daunting process for business owners facing insolvency. Understanding the legal frameworks and processes involved is essential. One key aspect is the role of the court in UK liquidation procedures, which provides the necessary oversight and structure to ensure that liquidations are conducted fairly and transparently. This blog will explore how the
The Role of the Court in UK Liquidation Procedures Read More »
Liquidation is often seen as a last resort, but with the right approach, it can be a strategic move that sets you up for future success. Whether your business is struggling under financial strain or you’re looking to streamline operations for more efficient management, planning your path forward in liquidation is essential. This blog provides
How to Strategically Plan Your Path Forward in Liquidation Read More »
