Floating Charges in Insolvency: When They “Crystallise” and What Happens Next
If you’ve been told there’s a floating charge over your company, it can feel like someone else has a hand on the steering wheel. Especially if cash is tight and creditors are pressing. The good news is this: you still have choices. And with the right advice, you can often move from panic to a […]
BADR Explained: How Business Asset Disposal Relief Works When Closing a Company
Closing a company is often a positive step. A clean retirement plan. A restructure that finally simplifies things. Or a decision to move on without loose ends. If you are hoping BADR will reduce the Capital Gains Tax you pay, it is worth slowing down and checking the detail. BADR can be valuable, but it […]
What the Insolvency Service’s 2026–2031 Enforcement Strategy Means for Company Directors
The Insolvency Service is the government agency that deals with company insolvency, director misconduct, bankruptcy and certain corporate investigations. Its new Insolvency Service enforcement strategy sets out how it plans to investigate wrongdoing and enforce the rules from 2026 to 2031. For directors, that matters because it gives a clear signal about what regulators are focusing […]
Is a Debt Statute Barred? The Checks to Carry Out Before You Pay or Reply
Getting a letter, email or call about an old debt can be a shock. Even if it’s years since you last heard anything, it can still land and make you feel like you have to act immediately. Try to pause. In some situations, paying “something” or replying the wrong way can change your position. A […]
Can You Challenge a Statutory Demand? When to Dispute, Pay, or Negotiate
Receiving a statutory demand can feel like the ground has shifted. Even if you have been expecting a difficult conversation with a creditor, the wording and format can make it seem as though the outcome is already decided. In reality, many statutory demands are challenged successfully, resolved through negotiation, or dealt with through a practical […]
IBR Meaning: What an Independent Business Review Is and Why Banks Demand One
If your bank mentions an “IBR”, it can feel like the ground shifts under you. One conversation becomes a process. And decisions about funding can start moving faster than you expected. An Independent Business Review is not the end of the road. But it is a turning point. The earlier you prepare, the more control […]
How a Stay of Execution Works in the UK (and What to Do Next)
Enforcement action can feel like it takes over everything. What starts as letters can quickly turn into visits, deadlines, and hard decisions made under pressure. A stay of execution can give you breathing space. A stay of execution is a court order that pauses enforcement of a judgment for a period of time. This guide […]
Insolvency Act 1986: What It Means for Liquidation, Administration, and CVAs
When people search for the Insolvency Act 1986, it is usually because something feels urgent. Cash is tight, creditors are chasing, and you need straight answers. Not legal theory. Not worst-case headlines. The Insolvency Act 1986 is the framework that decides what happens next. It sets out the main procedures that can protect your business, […]
Budget Payment Plan vs Time to Pay: Choosing the Right Option for Your Situation
If you’re staring at an HMRC bill and wondering how you’re meant to pay it, you are not alone. Even when your business is trading, cash flow can be unpredictable. A slow-paying customer, an unexpected cost, or a weak quarter can quickly turn a manageable bill into a source of real stress. Two HMRC options […]
CIS and PAYE Pitfalls: Common Mistakes and How to Avoid Them
CIS and PAYE are both “busy” systems. They sit in the middle of paying people, running sites, and keeping projects moving. When you are stretched, it is easy for small admin slips to turn into penalties, lost status, or a growing HMRC balance. Most problems start the same way. A deadline is missed. A return […]