The key difference between insolvency and liquidation is that insolvency describes a position where a company cannot pay its financial obligations when they are due. A company that cannot pay its debts is said to be insolvent. #DirectorAdvice realbusinessrescue.co.uk/advice-hub/wha…

Why the #assetauction route may prove highly beneficial for company directors in search of ways to realise company assets fast and efficiently. (Via Auction News Ltd) auctionnews.com/auctions/advic…

The Business Distress Index, published by Real Business Rescue uses data from Companies House and Red Flag Alert to measure financial distress levels across the small-to-medium business population in the UK. realbusinessrescue.co.uk/advice-hub/the…

"Can I liquidate my company if I have an overdrawn director's loan account?" 💡The simple answer is YES—but it comes with important financial and legal implications. In this video, we explain: youtube.com/watch?v=wcHOII…… #DirectorAdvice #DirectorSupport

It may be possible to unfreeze your business bank account by way of a validation order, although this is a costly process in itself and does require court intervention. #FrozenBankAccount #BusinessBanking realbusinessrescue.co.uk/advice-hub/my-…

If you are an accountant searching for solutions on behalf of a distressed client, our free guide has all the information you need when it comes to business rescue, recovery, and closure. #Accounting #Finance #Bookkeeper #Business realbusinessrescue.co.uk/advice-hub/fre…

Ex-donkey sanctuary sale could earn council £790k bbc.co.uk/news/articles/…

The Business Distress Index, published by Real Business Rescue uses data from Companies House and Red Flag Alert to measure financial distress levels across the small-to-medium business population in the UK. bit.ly/45hHNWP

Unless you have dealt with an insolvency practitioner previously, you may be unsure exactly what they do and what their duties are once you appoint one to assist with your company. #BusinessSupport bit.ly/2Imnhef

If you’re considering closing your limited company, it’s important to consider what happens to the business’s assets. If you close your business via the strike-off process, you must ensure all assets are extracted from the company beforehand. companyclosure.org.uk/advice-hub/wha…

Over the years we have helped thousands of company directors understand their options; here's what some have to say about their experience with us.. realbusinessrescue.co.uk/reviews

The Business Distress Index, published by Real Business Rescue uses data from Companies House and Red Flag Alert to measure financial distress levels across the small-to-medium business population in the UK. bit.ly/45hHNWP

The lower leagues of the #EFL are under increasing distress as Championship and Premier League clubs return to health, according to the latest Begbies Traynor Football Distress Survey. begbies-traynorgroup.com/football-distr…

Restructuring company debts should always be done under the guidance of a professional who can assess your business, its current operations, and future viability. Piling more debt on an already over-leveraged business can be a recipe for disaster. realbusinessrescue.co.uk/business-restr…

There are now around 2,000 EOTs in the UK - a significant rise from just 576 in mid-2021. What is exactly driving this growth, and why should SME owners seriously consider an EOT as part of their succession planning? handpickedaccountants.co.uk/articles/gener…

In many cases a voluntary liquidation by way of a #CVL can be funded using the assets of the company which will be sold off as part of the #liquidation process meaning directors will not be required to pay the liquidation fees personally. realbusinessrescue.co.uk/liquidation/cv…

Almost 2,000 finance broker leaders have just a few years to plan for succession and pass on their valuable expertise as retirement approaches, according to data analysis by MAF Finance Group bit.ly/3ZGN2vK

Although one director cannot appoint an administrator when the other one opposes, there have been cases where the court has appointed administrators on the application of a sole director. #DirectorAdvice #DirectorSupport begbies-traynorgroup.com/company-admini…

If you need to liquidate your company, the good news is that you don’t have to administer the procedure yourself. You can appoint a licensed Insolvency Practitioner to act as the liquidator and manage the process on your behalf. realbusinessrescue.co.uk/advice-hub/i-n…

For outstanding #VAT, #PAYE and Self Assessment tax bills, you can usually set up a payment plan online without having to call #HMRC. That simplifies the process, as it can take time to get through on the HMRC helplines. ukliquidators.org.uk/articles/can-i…