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When Does Trading Become ‘Wrongful? A Straight-Talking Guide for Directors

When Does Trading Become ‘Wrongful? A Straight-Talking Guide for Directors

by Paul Brindley | Apr 7, 2026 | Advice to Directors

If you run a company long enough, you’ll hit pressure points. Cash tightens, creditors start calling, and decisions that once felt routine suddenly carry weight. One of the most misunderstood areas I deal with is wrongful trading. Directors occasionally panic too...
Directors’ Duties: The First 7 Days After You Realise Insolvency Is Likely

Directors’ Duties: The First 7 Days After You Realise Insolvency Is Likely

by Paul Brindley | Feb 17, 2026 | Advice to Directors

A practical action plan for directors who want to stay in control, protect creditors, and protect themselves That moment arrives quietly for most directors. You’re not sleeping well. You’re juggling payments. HMRC is chasing. Suppliers want pro-formas. Cash is leaving...
When Directors Reach Breaking Point: Understanding and Supporting Vulnerable Clients

When Directors Reach Breaking Point: Understanding and Supporting Vulnerable Clients

by Paul Brindley | Apr 17, 2025 | 40 Years in Insolvency - Now Let's Talk Honestly

At Midlands Business Recovery, we’re seeing an extremely troubling trend. Business owners and directors, once full of drive, ambition, and resilience, are now walking through our doors mentally and emotionally exhausted. They’ve spent years fighting to save...

Everything you need to know about creditors’ voluntary liquidation

by Paul Brindley | Feb 17, 2020 | Advice to Directors, CVLs

Liquidating your company is one of the biggest decisions you will make in your life, so it’s important you feel as comfortable as you can be under the circumstances with the decision even though it’s probably very alien to you.  We have written this blog to give you...

Re-use of a Company’s Prohibited Name post Insolvent Liquidation

by Paul Brindley | Jan 12, 2020 | Advice to Directors, CVLs

If you’re a director of a limited company that is going or has gone into insolvent liquidation (ie Creditors Voluntary Liquidation or Compulsory Liquidation) and you would like to continue to use the same or similar name, read this article. Why?… … because you...
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