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A Guide to Winding up Petitions

Posted on October 18, 2012

A Winding up Petition (WUP) is a serious and very real threat from an unpaid creditor. It is likely that you have been unable to pay a creditor on time and they have lost trust in you and your business, forcing them to take action.

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Recent Articles

Company Failures in 2011

Company Failures in 2011

Posted on April 20, 2012

When the media announces the latest company that is on the edge of going into liquidation it does not become a surprise anymore as more and more companies are struggling as consumers are turning to the internet for their shopping needs.

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HMRC Late payment regime

HMRC Late payment regime

Posted on January 26, 2012

The HRMC penalty regime for late payments of National Insurance (NI) and PAYE is still regarded as ‘unfair’ to SMEs. This regime was introduced in April 2011 with the aim of punishing the late filing of tax returns with new charges – taxpayers that file in for tax returns after the deadline.

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Piling up debt could kill your business

Piling up debt could kill your business

Posted on January 25, 2012

Borrowing appears to be the most colloquial form of seeking finance irrespective of the source – banks and other independent lenders or family and friends.

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Some UK business owners are losing the will to go on

Some UK business owners are losing the will to go on

Posted on January 25, 2012

One in three owners of a small business in the UK has lost the spark of enthusiasm that drove their start-up. A quarter of business owners are seriously thinking about giving up on their commercial ventures and going back to being employed by someone else.

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