Licensed Insolvency Practitioners with over 25 years of experience

Family Business Insolvency: when relationships and risk collide

Family Business Insolvency

Family businesses are a cornerstone of the UK economy. They outnumber all other private sector firms, employ millions, and contribute significantly to national output. But when a family-run company faces financial difficulty, the challenges go far beyond the balance sheet, with impacts on relationships, succession plans, and even personal assets. In this article, we look […]

Record number of company closures and 5,000 more tax inspectors

Insolvency Practitioners

More businesses under financial pressure, whilst Government announces 5,000 additional tax inspectors focusing on SMEs and reducing the tax gap After years of difficult trading for many businesses, two key statistics show that the outlook for many is worsening as we head into 2025. Plus, with the news that the Government is recruiting an extra […]

Antony Batty and Co. appointed as Administrators to Lawbit, the online legal service

company administration

On 24th September 2024, two of our Licensed Insolvency Practitioners, Antony Batty and Hugh Jesseman were appointed joint administrators of Lawbit, the online service offering legal advice for small businesses, when it went into company administration. Lawbit’s Founder and chief executive Clive Rich told the Law Gazette recently that the appointment of administrators:  “….is part […]

Shelter from the storm. Administrations can give the breathing space insolvent companies need

Administrations

Creditors’ Voluntary Liquidations (CVLs) are at historically high levels. Nitin Joshi* makes the case for Administrations. The corporate landscape can be like a post-dystopian Darwinian experiment in which only the well-funded survive. It is hard to think otherwise. Corporate carnage in recent times has been rife with carcasses once throbbing with trading activity littered all […]

Using Finance and Refinance to Manage Cash Flow

Using Finance and Refinance to Manage Cash Flow

We are grateful to Natalie Knight from Tempo Finance, for this article about using finance and refinance to manage cash flow for business turnaround especially

Hopes of an interest rate cut before the end of the summer?

Insolvency Practitioners

Hopes of an interest rate cut before the end of the summer?

High interest rates will leave a debt hangover of £41.7 billion amongst British businesses by the end of the decade. Talk to our Insolvency Practitioners if struggling financially.

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