01902 672323 paul@midlandsbusinessrecovery.co.uk
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New powers to tackle the unfit directors of dissolved companies

New powers to tackle the unfit directors of dissolved companies

by Paul Brindley | May 13, 2021 | Advice to Directors, Alternatives to formal insolvency, CVLs, Upsettable Transactions

You may have heard in the press about the Bill passing through parliament to hold directors of dissolved companies to account – There’s been quite a bit of scaremongering about it.   So let’s put the record straight…   The Bill is...
Strike offs allowed

Strike offs allowed

by Paul Brindley | Feb 28, 2021 | Administration, Advice to Directors, Alternatives to formal insolvency, Ethics & Regulation

Simply striking a company off can be a great route for directors to shut a limited company… in the right circumstances. A few months ago, Companies House temporarily stopped striking companies off, whether on an application by the directors or by Companies...

Want to pay to liquidate your company using your personal Bitcoin, Ethereum or other crypto holding?

by Paul Brindley | Jan 23, 2021 | Administration, Advice to Directors, Alternatives to formal insolvency, CVLs, MVLs

If you want to pay to liquidate your company using your personal Bitcoin, Ethereum or other crypto holding, I will accept crypto payments from you, whether it’s a solvent or insolvent liquidation you are looking for. There is, as far as I’m aware, no other...

Got some Tax due on 31 January 2021?

by Paul Brindley | Jan 3, 2021 | Advice to Directors, Alternatives to formal insolvency

Owe some tax under self assessment? On 31 January (2021) the following tax is due to be paid: The 2nd payment on account for the tax year 2019/20 (if you deferred it from 31 July 2020); AND The balancing payment for the tax year 2019/20; AND Your first payment on...

New CVA Standard Terms Template Issued by R3 to Reflect Covid19 Issues

by Paul Brindley | Nov 9, 2020 | Advice to Directors, Alternatives to formal insolvency, CVAs

R3 have just issued some new ‘standard terms’ for small company CVAs to reflect Covid19 issues. They do require quite heavy tailoring to the circumstances of the case though. Here’s a link: Standard CVA terms And here is a link to a lawyer’s...
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