The Latest Changes in the Insolvency Profession… The Insolvency Profession has seen a whole raft of changes to legislation and guidelines being introduced and proposed in recent months and therefore below is a brief summary of each of the changes and how it may affect you or your client:- Estimates of Fees – Insolvency…
The Latest Liquidation Statistics by Industry for Q2 2014 Add this infographic to your website or blog, just copy the code from below. <a href=”http://www.bridgenewland.co.uk/latest-insolvency-news/the-latest-liquidation-statistics-by-industry-for-q2-2015″ rel=”publisher”><img class=”aligncenter size-full wp-image-3079″ src=”http://www.bridgenewland.co.uk/wp-content/uploads/2015/08/Q2_2015_CVL.jpg” alt=”More about Liquidations” width=”500″ height=”1826″ /></a>
Landlords, Tenants and Liquidation My tenant is going into liquidation – what rights do I have? Liquidation is the process of winding up a company’s affairs when it has ceased to trade, and realising and distributing its assets to creditors. A company can go into liquidation voluntarily, where the directors decide that liquidation is appropriate,…
A More Punitive Regime for Delinquent Directors On 26 March 2015 the Deregulation Bill and the Small Business, Enterprise and Employment Bill were enacted. The measures in the new Acts will be phased in over the next 12 months. According to the Government, the Deregulation Bill “will introduce measures to modernise and strengthen the director…
Concerns Over the Cost of Entrepreneurs Relief to the Exchequer. Tax advisers up and down the country should act swiftly to ensure their clients can benefit from entrepreneurs relief as warnings come of possible changes to entrepreneurs relief rules. This process, which allows for shareholders to withdraw company funds and pay less tax on capital…
The Latest Liquidation Statistics by Industry for Q4 2014 Add this infographic to your website or blog, just copy the code from below. <a href=”http://www.bridgenewland.co.uk/latest-insolvency-news/the-latest-liquidation-statistics-by-industry-for-q4-2014″ rel=”publisher”><img class=”aligncenter size-full wp-image-3079″ src=”http://www.bridgenewland.co.uk/wp-content/uploads/2015/02/Q4_2014_cvl.png” alt=”More about Liquidations” width=”500″ height=”1826″ /></a> For the latest Liquidation insolvency statistics by industry for Q1 2015 see HERE
Christmas is a bust for Lawrence Llewelyn-Bowen – But how can new ventures be a success? Lawrence Llewelyn-Bowen’s Birmingham based Christmas company Magical Journeys Limited has been placed into Liquidation owing creditors approximately £875,000. The festive attraction closed down shortly before Christmas amongst a barrage of complaints from angry parents who questioned it’s magical status…
Wind up my Company as I don’t care any more Sadly this is a viewpoint taken by many company directors when they have been forced to battle on a daily basis with their creditors, as offering explanation for non-payment to creditors becomes so tiring that often common sense takes a back seat. However, this can…
The Latest Liquidation Statistics by Industry for Q3 2014 Learn more about Company Liquidation here. Add this infographic to your website or blog, just copy the code from below. <a href=”http://www.bridgenewland.co.uk/latest-insolvency-news/the-latest-liquidation-statistics-by-industry-for-q3-2014″ rel=”publisher”><img alt=”More about CVL’s” src=”http://www.bridgenewland.co.uk/wp-content/uploads/2014/11/Q3-Liquidation-Statistic-Q3-2014-Vs-Q3-2013.png” width=”500″ height=”1826″ /><p>Learn more about CVL’s</p></a> …Or see the latest liquidation statistics by industry for Q4 2014 HERE
What Happens After My Company is in Liquidation? Once a company is placed into Liquidation, it is the Liquidator’s duty to maximise the realisations so that the Company’s creditors get the best return possible. This means that the liquidator must review all of the records to identify all of the debtors then attempt to collect…
