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The latest insights and trending topics from Begbies Traynor Group
Closing a limited company
Closing a limited company. Begbies Traynor is the UK's market leader in business recovery. With over 100 UK offices and over 1000 staff we are well positioned to assist you.
What is a Statutory Demand?
Begbies Traynor explain what is a Statutory Demand and how could it affect your company if not set aside promptly.
What are preference payments to creditors?
When a company enters administration or is liquidated, the conduct of directors leading up to insolvency will be investigated.
What is a Stay of Execution for a limited company?
When a limited company fails to pay a County Court Judgment (CCJ), the creditor can seek enforcement assistance from High Court Enforcement Officers (HCEOs), also known as bailiffs.
What is a debenture for company directors?
At some point during the life of their company, many directors will find themselves using their own personal finances to help the business.
HMRC Unpaid Debt and 7-Day Winding Up Threat
A company director would receive this letter from HMRC following a prolonged period of failure to meet liabilities. By sending this seven-day warning of a winding up petition, HMRC is essentially threatening to begin the liquidation process of your business in a week’s time unless the company can pay its debts.
HMRC Distraint Notice and Inventory Checklist
HMRC Distraint Notice and Inventory Checklist. Find out what this means and how Begbies Traynor can provide key advice.
Can I trade under a different name than that registered at Companies House?
It is possible to officially register a company name at Companies House, but then use one or more ‘trading names’ as required by yourself or your organisation. Some companies trade under different names, with the name registered at Companies House belonging to the original company.
What can you expect in a HMRC tax inspection?
Limited companies have come under increased scrutiny by HMRC in recent years, as the government strives to recover lost tax revenue...
How much does it cost to liquidate an insolvent limited company?
Winding up a company that is unable to pay its debts involves the appointment of a licensed insolvency practitioner (IP).
Understanding High Court Writs and How to Protect Your Business
High court writs are used by creditors to enforce unpaid court judgments (CCJs). Is your business facing action by high court enforcement officers (HCEOs)?
How can I raise finance for my business?
With so much choice available, it’s important for business owners to understand their options and what the right source of finance is for their business...
What are the consequences of company insolvency?
Insolvency can not only be destructive to the business, but can also be detrimental to company directors who are struggling to keep their company afloat.
