by Paul Brindley | Apr 23, 2025 | Advice to Directors
A company legally ceases to exist when it is dissolved or struck off the register at Companies House by the Registrar of Companies. One of the simplest and most cost-effective ways to close a company—particularly one that is no longer trading and has minimal assets—is...
by Paul Brindley | Apr 19, 2025 | 40 Years in Insolvency - Now Let's Talk Honestly, Advice to Directors, Alternatives to formal insolvency, VAi
In the intricate world of insolvency, where financial distress meets professional responsibility, the ethical compass guiding Insolvency Practitioners (IPs) and accountants is paramount. The payment and receipt of commissions, particularly introductory fees, have long...
by Paul Brindley | Apr 2, 2025 | Advice to Directors, Alternatives to formal insolvency, CVLs, Ethics & Regulation
A message to accountants and business advisers When directors reach the end of the road with their limited company, they’re often under immense financial and emotional pressure. There are debts. No meaningful assets. No clear way forward. And in far too many cases,...
by Paul Brindley | Mar 26, 2025 | Advice to Directors
If you’ve been watching the latest series of Reacher on telly, you’ll know exactly who I’m talking about. Jack Reacher – the towering, muscle-bound ex-military investigator who strides around America dishing out justice with a steely stare, a punch that could...
by Paul Brindley | Jan 29, 2025 | Advice to Directors, Alternatives to formal insolvency, CVLs, Upsettable Transactions
Legal Restriction on Using a Similar Name Section 216 of the Insolvency Act 1986 (IA) prohibits the use of the same or a similar name of a company that has entered insolvent liquidation. Directors who breach this rule by promoting, forming, or managing a company with...
