by Paul Brindley | Jul 21, 2026 | Creditor, Supplier and Employee Issues
Your company is short of cash. Suppliers haven’t been paid. Stock remains in the warehouse. Then one of those suppliers arrives and says: ‘Those goods still belong to us. We’re taking them back.’ For a director already under pressure, the temptation is...
by Paul Brindley | Jul 14, 2026 | Advice to Directors
In many owner-managed companies, the director’s pay arrangements have evolved rather than been designed. There is a modest salary through payroll. Dividends are taken when cash allows. Personal expenses sometimes find their way through the business bank account. The...
by Paul Brindley | Jul 8, 2026 | Creditor, Supplier and Employee Issues
When directors first see a company’s estimated insolvency position, they often make a perfectly understandable assumption: “The company has £200,000 of assets and owes £300,000, so creditors should receive about 67p in the pound.” Sadly, it rarely works like that. ...
by Paul Brindley | Jul 1, 2026 | Creditor, Supplier and Employee Issues
Your company is running short of cash. Suppliers are pressing. HMRC is overdue. The overdraft is near its limit. Then a new customer offers to pay you a £5,000 deposit. For a director under pressure, that money can look like oxygen. But there is an uncomfortable...
by Paul Brindley | Jun 24, 2026 | Creditor, Supplier and Employee Issues
For many struggling companies, HMRC is not just another creditor. It is often the largest creditor, the most persistent creditor and the one debt that directors have quietly allowed to grow while keeping wages, suppliers and lenders paid. When the pressure increases,...
