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Is It Time to Stop Trading? The Question Every Director Eventually Faces

Is It Time to Stop Trading? The Question Every Director Eventually Faces

by Paul Brindley | Jun 19, 2026 | Advice to Directors

There comes a point in almost every struggling business when the director asks the same question: “Can we carry on for just another few weeks?” Sometimes the answer is yes. Sometimes it isn’t. Knowing the difference is one of the most important...
Statutory Demands and Winding-Up Petitions: Why Directors Should Never Ignore Them

Statutory Demands and Winding-Up Petitions: Why Directors Should Never Ignore Them

by Paul Brindley | Jun 16, 2026 | Creditor, Supplier and Employee Issues

One of the most common things I hear from directors is: ‘It’s only a letter at the moment.’ Sometimes that’s true, sometimes it isn’t. When a creditor serves a statutory demand or threatens a winding-up petition, the stakes have changed,...
Personal Guarantees and Insolvency … What Directors Need to Understand

Personal Guarantees and Insolvency … What Directors Need to Understand

by Paul Brindley | Jun 10, 2026 | Advice to Directors

Personal guarantees often sit quietly in the background for years. They get signed when the bank or landlord want comfort or when the finance company wants a bit more security. At the time, they can feel like just another document. But when the business hits trouble,...
Employees and Insolvency … What Directors Should Say and Do When Trouble Hits

Employees and Insolvency … What Directors Should Say and Do When Trouble Hits

by Paul Brindley | May 14, 2026 | Advice to Directors, Uncategorised

One of the hardest parts of company insolvency is not the law, the paperwork, or even HMRC. It’s the people. When a business is in trouble, directors often spend weeks focused on cashflow, creditors, and survival. Meanwhile, employees can see the same signs you are...
Misfeasance Claims in Insolvency: What Directors Need to Know

Misfeasance Claims in Insolvency: What Directors Need to Know

by Paul Brindley | Apr 28, 2026 | Upsettable Transactions

When directors hear the word misfeasance, they often assume it means fraud, theft, or something plainly dishonest. Sometimes it does involve serious misconduct. But often it is more ordinary than that … and that is exactly why it catches people out. A director...
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