Insolvency

Small Business Act 2015 Steers Insolvency in Creditors’ Favour

Small Business Act 2015 Steers Insolvency in Creditors’ Favour

The granting of royal assent to the Small Business, Enterprise and Employment Act 2015 should be good news for creditors,…
Chasing Debts from Disqualified Directors

Chasing Debts from Disqualified Directors

One of the biggest obstacles to recovering an outstanding debt has always been if a company ceases trading - this…
Laughable 6 Year Disqualification for Crashing Rail Company

Laughable 6 Year Disqualification for Crashing Rail Company

Mr Lawrence McGovern, director of Railtrades Ltd (“Railtrades”) has received a 6 year disqualification order for disposing of the company’s…
Unpaid Invoices to blame for a fifth of SME failures

Unpaid Invoices to blame for a fifth of SME failures

We often warn that late payment can be more than just an inconvenience for many small firms, as the interruption…
The limited company system is broken

The limited company system is broken

It's good to know that, when a dodgy dealer makes off with client money and there's no record of where…
Late payment ‘the greatest risk to creditors’

Late payment ‘the greatest risk to creditors’

Late payment of invoices is now - for the first time in recent years - the single greatest risk to…
When Your Customer Goes Bust – ICM & BIS Managing Cashflow Series Part Ten

When Your Customer Goes Bust – ICM & BIS Managing Cashflow Series Part Ten

Sometimes, businesses fail.  If a failed company is a customer of yours it can be an expensive and potentially disastrous…
15 Year Ban for Family of Lancashire Tax Dodgers

15 Year Ban for Family of Lancashire Tax Dodgers

A married couple and their son have been banned as company directors after failing to pay more than £186,000 in…
Add one Kernel, a Dash of Unpaid Invoices and Stir Well

Add one Kernel, a Dash of Unpaid Invoices and Stir Well

Take one technology, media and politics website. Add a 28-year-old online entrepreneur who used to be called Milo Wagner, but…
The Safe Collections ‘Creditors Guide to Insolvency’

The Safe Collections ‘Creditors Guide to Insolvency’

Will I get the money my company is owed? This is the question we hear most often from clients that…

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