limited company Archives - Umbrella.uk Insolvency. Company closure and business rescue and recovery experts.

6th October 2021

am I liable for my limited company debts

6th October 2021

Am I liable for my limited company’s debts?

In most circumstances, directors and shareholders aren’t liable for a limited company’s debts. But there are some situations when you can be held personably accountable for your firm’s debt. If your business is struggling financially, […]

30th March 2021

30th March 2021

Solve IR35 Woes with Umbrella.UK Insolvency

IR35 rule changes pose a significant challenge for limited company contractors that work closely with their clients. If you’re a contractor, there is a strong chance that you will be caught out by IR35 if […]

27th March 2020

Guiding your business through the coronavirus outbreak

The coronavirus (COVID-19) outbreak might leave you feeling anxious about the future, especially if you have a business. Strict isolation rules mean that many businesses simply cannot operate, while others have been affected by staff […]

28th November 2018

How to Close a Limited Company

How to Close a Solvent Limited Company If a company has the money to pay its bills then it is solvent. Solvent companies are relatively easy to close. The cheapest way is to get a […]

18th July 2018

Personal guarantee: What it means during a company insolvency

When you’re seeking finance for your limited company, personal guarantees can be difficult to avoid. Banks and other lenders often insist on a personal guarantee. And if your limited company gets into financial difficulty, you […]

11th September 2017

When are limited company directors liable for business debts?

Limited company directors are not automatically liable for their business debts, but there are two main circumstances under which the director would be held responsible for the debts. The director would be responsible if they […]

24th March 2017

What next for limited companies operated by public sector contractors?

Accountants are preparing for a fresh wave of limited company closures in early April when the long-dreaded IR35 reforms for Public Sector Contractors take effect. From 6th April 2017, the way that IR35 legislation is […]