UK debt collections

JANUARY 3, 2023

What are the options if a limited company is struggling with debts? While it can be be tempting to ignore a mounting unpaid debt problem in a Limited Company, it is the worst thing a business owner can do. If a business is a limited company, there are many avenues open to the Business owners to resolve debt-related problems.

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UK debt collections

NOVEMBER 15, 2023

Uk Business insolvency is officially on the rise. The latest figures from the Insolvency Service have shown that the number of business insolvencies in England & Wales for October 2023 was 2,315, 18% higher than in the same month in the previous year (1,954 in October 2022). Businesses are being battered from all sides.

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Hudson Weir

SEPTEMBER 23, 2019

You may have experienced times of financial uncertainty, but in this economic climate, many businesses have, too. Your business isn’t necessarily insolvent, but as a director, you must be aware of the insolvency warning signs. The cash flow test, in layman’s terms, asks ‘is your company able to pay its debts when they fall due?’.

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