by Paul Brindley | Oct 6, 2026 | Advice to Directors
A statutory demand landing at the registered office tends to get a director’s attention. And it should! For a company, it is a formal demand for payment. If the debt is left unpaid, unsecured and uncompounded for three weeks, it can provide evidence that the company...
by Paul Brindley | Sep 15, 2026 | Advice to Directors
One of the questions I’m asked most often is deceptively simple: “When do I actually have to stop trading?” Directors expect there to be a red line… perhaps the company’s liabilities exceed its assets, perhaps HMRC is overdue, perhaps the bank account is at its...
by Paul Brindley | Sep 15, 2026 | Advice to Directors
For many directors, the first meeting with an insolvency practitioner feels like crossing a line. It shouldn’t. Coming to see me doesn’t mean you’ve decided to liquidate the company. Quite the opposite. The earlier we talk, the more likely it is that there are still...
by Paul Brindley | Aug 25, 2026 | Advice to Directors, Creditor, Supplier and Employee Issues
There isn’t a great deal of government money readily available to businesses at the moment. However, Research and Development tax relief remains an established route through which companies undertaking genuine innovation may obtain valuable tax support, improving...
by Paul Brindley | Aug 20, 2026 | Advice to Directors
One of the more difficult conversations I have with directors concerns an overdrawn director’s loan account. The director often regards it as an accounting entry. I, as liquidator, have to regard it as an asset. If a director has taken money from the company which was...
