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.
Read morePosted 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.
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.
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.
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.