Hudson Weir (@hudson_weir) 's Twitter Profile
Hudson Weir

@hudson_weir

We are an experienced team of highly qualified Chartered Accountants and Qualified Insolvency Practitioners based in London.

ID: 732148526906544128

linkhttp://www.hudsonweir.co.uk/ calendar_today16-05-2016 09:59:46

2,2K Tweet

99 Followers

72 Following

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Directors don't realise they can claim redundancy pay when their company enters liquidation. If you have been an employee of your company for over two years, you may be entitled to a payment from the RPO. Contact Hudson Weir to find out how. #DirectorRedundancy #Liquidation

Directors don't realise they can claim redundancy pay when their company enters liquidation.

If you have been an employee of your company for over two years, you may be entitled to a payment from the RPO. 

Contact Hudson Weir to find out how.

#DirectorRedundancy #Liquidation
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An overdrawn director’s loan account is not an automatic disaster. Reach a settlement that is fair to creditors without being harsh on the director. If you are worried about your loan account balance, let’s have a conversation about a way forward. #DLA #BusinessFinance

An overdrawn director’s loan account is not an automatic disaster.

Reach a settlement that is fair to creditors without being harsh on the director. If you are worried about your loan account balance, let’s have a conversation about a way forward. 

#DLA #BusinessFinance
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Closing a business is more than selling assets. Ensuring employee pension contributions are up to date and correctly reported is critical. We deal with the Pension Regulator and ensure all statutory obligations are met promptly and professionally. #Pensions #BusinessClosure

Closing a business is more than selling assets. 

Ensuring employee pension contributions are up to date and correctly reported is critical. We deal with the Pension Regulator and ensure all statutory obligations are met promptly and professionally.

#Pensions #BusinessClosure
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Liquidation is not the only path. If your business has a core that is worth saving, a CVA or a Restructuring Plan can stop creditor pressure and allow you to trade on. We prioritise rescue whenever possible to protect jobs and maintain value. #BusinessRescue #CVA

Liquidation is not the only path. If your business has a core that is worth saving, a CVA or a Restructuring Plan can stop creditor pressure and allow you to trade on. We prioritise rescue whenever possible to protect jobs and maintain value. 

#BusinessRescue #CVA
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Empty offices and locked warehouses don't help creditors. We move quickly to identify, value, and sell uncollected assets to ensure funds are distributed quickly. Our focus is on driving case progression and closing files efficiently. #AssetRecovery #CaseProgression

Empty offices and locked warehouses don't help creditors. We move quickly to identify, value, and sell uncollected assets to ensure funds are distributed quickly. Our focus is on driving case progression and closing files efficiently. 

#AssetRecovery #CaseProgression
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If a company pays back a loan to a friend or relative just before closing, it may be a preference. We have a duty to investigate these payments to ensure all creditors are treated fairly. Worried about past payments? We can help. #InsolvencyLaw #DirectorAdvice

If a company pays back a loan to a friend or relative just before closing, it may be a preference. We have a duty to investigate these payments to ensure all creditors are treated fairly. Worried about past payments? We can help. 

#InsolvencyLaw #DirectorAdvice
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When a solvent company has reached the end of its life, a Members’ Voluntary Liquidation (MVL) is often the most tax-efficient way to distribute remaining funds. We work with accountants to ensure the process is quick and compliant. #MVL #TaxPlanning

When a solvent company has reached the end of its life, a Members’ Voluntary Liquidation (MVL) is often the most tax-efficient way to distribute remaining funds. We work with accountants to ensure the process is quick and compliant. 

#MVL #TaxPlanning
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A company’s insolvency does not always mean a director’s personal assets are at risk, but personal guarantees can change that. We help directors understand their exposure to lenders and look for commercial ways to mitigate these risks. #PersonalGuarantee #DirectorSupport

A company’s insolvency does not always mean a director’s personal assets are at risk, but personal guarantees can change that. We help directors understand their exposure to lenders and look for commercial ways to mitigate these risks.

#PersonalGuarantee #DirectorSupport
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Value is not just found in desks and laptops. Trademarks, domain names, and proprietary code are often a company's most valuable assets. We specialise in identifying and protecting intellectual property to ensure creditors receive the maximum possible return. #IP #AssetRecovery

Value is not just found in desks and laptops. Trademarks, domain names, and proprietary code are often a company's most valuable assets. We specialise in identifying and protecting intellectual property to ensure creditors receive the maximum possible return. 

#IP #AssetRecovery
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Continuing to trade and incurring more debt when the company is insolvent can lead to personal liability for wrongful trading. We help directors identify the tipping point so they can make informed decisions that protect creditors and their own positions. #DirectorDuties

Continuing to trade and incurring more debt when the company is insolvent can lead to personal liability for wrongful trading. We help directors identify the tipping point so they can make informed decisions that protect creditors and their own positions. 

#DirectorDuties
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A pre-pack administration can save a business and protect jobs, but it must be handled with transparency under SIP 16. We ensure every step is documented and justified, providing creditors with confidence that the best possible outcome was achieved. #PrePack #Administration

A pre-pack administration can save a business and protect jobs, but it must be handled with transparency under SIP 16. We ensure every step is documented and justified, providing creditors with confidence that the best possible outcome was achieved. 

#PrePack #Administration
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Many insolvent companies are unaware they are owed business rates refunds from local authorities. Part of our role is to audit these accounts and recover overpayments, adding unexpected value back into the pot for the benefit of creditors. #BusinessRates #AssetRecovery

Many insolvent companies are unaware they are owed business rates refunds from local authorities. Part of our role is to audit these accounts and recover overpayments, adding unexpected value back into the pot for the benefit of creditors. 

#BusinessRates #AssetRecovery
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Integrity and objectivity are the foundations of our work. As licensed insolvency practitioners, we remain independent, ensuring that every case is handled with professional competence and that we act in the best interests of the creditors. #ProfessionalStandards #Ethics

Integrity and objectivity are the foundations of our work. As licensed insolvency practitioners, we remain independent, ensuring that every case is handled with professional competence and that we act in the best interests of the creditors. 

#ProfessionalStandards #Ethics
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Dissolving a partnership can be complex, especially when assets or property are involved. We provide a structured, neutral process to wind up partnership affairs, settle debts, and distribute capital fairly among all partners. #PartnershipLaw #BusinessClosure #ProfessionalAdvice

Dissolving a partnership can be complex, especially when assets or property are involved. We provide a structured, neutral process to wind up partnership affairs, settle debts, and distribute capital fairly among all partners.

#PartnershipLaw #BusinessClosure #ProfessionalAdvice
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Overdue VAT, high staff turnover, or maxed-out credit lines are early warning signs of distress. Ignoring them rarely works. We offer a confidential sounding board for businesses in the early stages to see if a formal process can be avoided altogether. #BusinessHealth #SMEAdvice

Overdue VAT, high staff turnover, or maxed-out credit lines are early warning signs of distress. Ignoring them rarely works. We offer a confidential sounding board for businesses in the early stages to see if a formal process can be avoided altogether.

#BusinessHealth #SMEAdvice
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Late payments are closing nearly 40 UK businesses every day. If your invoices are being ignored while your own overheads rise, do not wait for the cash to run out. We help subcontractors manage cash-flow cliff edges before they become terminal. #ConstructionUK #LatePayments

Late payments are closing nearly 40 UK businesses every day. If your invoices are being ignored while your own overheads rise, do not wait for the cash to run out. We help subcontractors manage cash-flow cliff edges before they become terminal.

#ConstructionUK #LatePayments
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HMRC has adopted a robust stance this month. With late payment interest at 7.75%, ignoring tax bills is an expensive mistake. We can help you navigate a formal process that stops the interest clock and provides a structured way forward. #HMRC #TaxDebt #HudsonWeir

HMRC has adopted a robust stance this month. With late payment interest at 7.75%, ignoring tax bills is an expensive mistake. We can help you navigate a formal process that stops the interest clock and provides a structured way forward.
#HMRC #TaxDebt #HudsonWeir
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UK administrations rise by 41% - more directors are choosing to protect and rescue their businesses rather than closing the doors. If your company is weighed down by debt, let's talk about the breathing space an administration provides. #BusinessRescue #Restructuring

UK administrations rise by 41% - more directors are choosing to protect and rescue their businesses rather than closing the doors. If your company is weighed down by debt, let's talk about the breathing space an administration provides.

#BusinessRescue #Restructuring
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The Insolvency Service is shutting down schemes that promise to dump company debt for a small fee. These deals are under heavy scrutiny. We ensure all asset transfers are legal and transparent, protecting directors from risky advice. #DirectorDuties #InsolvencyLaw

The Insolvency Service is shutting down schemes that promise to dump company debt for a small fee. These deals are under heavy scrutiny. We ensure all asset transfers are legal and transparent, protecting directors from risky advice.

#DirectorDuties #InsolvencyLaw
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Hospitality insolvencies often peak in late February as winter trade stays low and new wage costs bite. If your margins have been compressed to zero, a commercial settlement or restructuring plan can help secure your future for the spring. #HospitalityUK #SME #HudsonWeir

Hospitality insolvencies often peak in late February as winter trade stays low and new wage costs bite. If your margins have been compressed to zero, a commercial settlement or restructuring plan can help secure your future for the spring.
#HospitalityUK #SME #HudsonWeir