14th June 2024
Members’ Voluntary Liquidation (M.V.L.) is a process used by solvent companies to close down their business in an orderly and tax-efficient manner. This method is ideal for limited contractors and small business owners who have […]
24th May 2024
Assessing the Financial Landscape Before embarking on the journey of closing a limited company with debts to HMRC, it’s crucial to conduct a comprehensive assessment of the company’s financial situation. This involves reviewing assets, liabilities, […]
26th March 2024
In the intricate world of business finance, navigating creditors and debts can be overwhelming. But there’s one creditor that stands out among the rest in the UK: HMRC. Why does HMRC consistently claim the top […]
16th January 2024
Running a small business in Cheshire can be a rewarding experience, but it comes with its own set of challenges. One such challenge is the looming threat of insolvency, which can be particularly daunting for […]
21st September 2023
Closing down a solvent company can be a daunting task, especially when tax implications loom large. However, there’s a little-known solution that can save you thousands of pounds and provide a smooth exit strategy if […]
17th August 2023
In the changing landscape of business operations, when the tide of bills surpasses turnover, the situation can quickly take on the ominous label of ‘trading whilst insolvent.’ Such a scenario brings the daunting challenge of […]