Free Insolvency Guides For Directors

Welcome to our advice hub. This area is full of free insolvency guides plus valuable and insightful information for company directors and partners. Need a business rescue expert? Contact us today for a free consultation.*

A Small Business Owner's Guide to Evaluating Insurance Coverage umbrella.uk insolvency cheshire small business help

A Small Business Owner's Guide to Evaluating Insurance Coverage

As a small business owner, protecting your business from financial risks is essential, especially in challenging times. One key way to mitigate these risks is by ensuring you have the right insurance coverage. A thorough review of your policies can reveal potential gaps and help you better safeguard your business.

dissolve a company Umbrella.UK Insolvency

How to Dissolve a Company - A Guide for Small Business Owners

Whether your company is solvent or insolvent, it’s crucial to understand the options available to ensure a smooth and legally compliant dissolution. This guide will walk you through the steps to dissolve a company, with examples to illustrate each process.

Closing a Limited Company with Debts to HMRC

Closing a Limited Company with Debts to HMRC

Let us assist you in navigating the complexities of company closure and HMRC negotiations, so you can focus on moving forward with confidence.

Setting Up a HMRC Payment Plan

Setting Up a HMRC Payment Plan

If you can’t meet your tax obligations by January 31st, HMRC offers a payment plan to help you spread the cost. Here’s our guide to how to set up an HMRC Payment Plan.

HMRC debt HMRC payment plan closing a limited company with debts to HMRC

Managing HMRC Debt – The Ultimate Guide for Business Owners

In this guide, we’ll break down everything you need to know about managing HMRC debt, including setting up payment plans and closing a limited company with debts to HMRC.

What is a Director’s Personal guarantee

What is a Director’s Personal Guarantee?

As a company director, some lenders, suppliers and landlords may ask you to sign a Personal Guarantee (PG).

Understanding the role of Licensed Insolvency Practitioners Umbrella.UK Insolvency. Company Rescue Recovery and Closure Advice

The Ultimate Insolvency Glossary of Terms

Welcome to our comprehensive glossary of insolvency terms, a jargon buster created to help company directors have an understanding of crucial terms when navigating the insolvency process. We’ve included some useful resource links to insolvency and government organisations.

Tom Fox - Umbrella.UK Insolvency. Company Rescue Recovery and Closure Advice for business owners.

Understanding the role of Licensed Insolvency Practitioners

A Licensed Insolvency Practitioner possesses the skills and qualifications required to offer guidance on insolvency matters and represent companies, businesses, and individuals navigating financial difficulties.

How to Effectively Negotiate With Creditors to Avoid Bankruptcy Umbrella.UK Insolvency. Company Rescue Recovery and Closure Advice

How to Effectively Negotiate With Creditors to Avoid Bankruptcy

Effective negotiation with creditors can be a lifeline in such situations, helping you find workable solutions to settle your debts and regain financial stability.

CCJ Enforcement Options Umbrella Insolvency

County Court Judgment (CCJ) Enforcement Options

Have you had a CCJ registered against your Company? If so, how do you protect your company from enforcement of that CCJ?

Get Back to Business: A guide to dealing with corporate financial distress. Company Rescue Recovery and Closure Advice

Get Back to Business

A guide from R3 to dealing with corporate financial distress Act early. Seek advice and get back to business.

IR35 Contractor Company Closure MVL

Guide to Avoiding Insolvency

This guide will help you diagnose any financial problems in your company and take action to avoid insolvency before it is too late.

Bounce Back Loans

What is the Bounce Back Loan Scheme (BBLS)

The Bounce Back Loans (BBLS) are loans of up to £50k, 100% backed by the government, with no personal guarantees and quick and easy to apply for.

what is an mvl contractors IR35 umbrella insolvency

What is an MVL?

Depending upon how much cash there is left, using a Members’ Voluntary Liquidation (MVL) could be the most tax-efficient way to close your company and save you thousands of pounds.

What is a CVL Umbrella Insolvency

What is a CVL?

A CVL is a formal process for voluntarily winding up a company when it is insolvent.

What is a CVA Umbrella Insolvency

What is a CVA?

A Company Voluntary Arrangement (CVA) is an alternative to liquidating your company allowing it to trade out of its financial difficulties over a specified period of time

What a winding up petition means for your business Umbrella insolvency

What does a Winding Up Petition mean?

Having a winding up petition served against your business doesn’t have to mean the end of the road for your company, but you do need to act quickly.

Fee guides umbrella insolvency

Fee Guides

The shareholder and creditor fee guides can be found in our Resources hub.

What is company administration umbrella insolvency

What is Administration?

Administration is a formal procedure in which an Insolvency Practitioner can be appointed to take control of the company’s affairs whilst a plan to rescue, sell or liquidate the company is prepared.

Get FREE advice from a business rescue expert today*

Call 0800 611 8888 now or request a callback below. All enquiries are strictly confidential.* Click here to see our privacy notice.

*We don’t charge for an initial consultation, but it may lead to an insolvency solution where our pre-appointment costs are reimbursed as part of the fee structure that creditors approve.

If you are unsure what situation your business is in, don’t worry! Call a confidential business rescue expert on 0800 611 8888

What our clients say

I engaged Umbrella accountants to oversee a Members Voluntary Liquidation for the small consultancy business I've been running. The team talked me through the MVL process, steps and requirements. The paperwork involved was well explained and straightforward, with the initial disbursement of funds handled very quickly and professionally under tight deadlines.

Brendan N,
I extend my appreciation of your professional efficiency in handling my company business and herewith say thank you.

Maxine R,
Umbrella.UK Insolvency guided me as sole Director of my small limited company, and the shareholders, through every step of a Members Voluntary Liquidation in a very efficient manner. The steps required were clearly laid out and proactively managed by their licensed practitioner. From first meeting through to an interim distribution of funds to shareholders took only a few days in our case. Thereafter, Umbrella will be managing all of the downstream actions required to complete the process with HMRC and Companies House, through to the final discharge of the company.

Alex O,