Knowledge centre
Our experts have created this insolvency insights hub to help you with any business challenges you might be facing.
Insights
What is a pre-pack administration?
Why would a company strike-off be suspended?
The director’s guide to business rescue
Frequently asked questions
Is my business insolvent?
To find out if your business is insolvency, you can put it to two tests: the cash-flow test and the balance-sheet test.
Who pays for company liquidation?
This depends on the form of liquidation. In a Creditors’ Voluntary Liquidation (CVL) , the company usually pays but if it cannot afford to then…
What are a director’s responsibilities in a liquidation?
As a director, there are strict guidelines to follow when liquidating your company. These are the four most important things to remember.
Downloadable guides
The kitchen table guide
How to master your cash-flow forecast
A simple guide to liquidation
Insolvency A-Z
Administration
A legal process through which a company in financial difficulties can carry on trading by protecting itself from creditors…
Companies House
Companies House, a government agency, is the UK’s register of companies. It keeps detailed records of all companies registered in the UK.
Declaration of Solvency
This must be signed by company directors/owners wanting to close their company through a Members Voluntary Liquidation.
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