Cause of Insolvency

Insolvency can creep up on your business over time, or be the result of an unexpected crisis. While you can’t predict when it might strike, you can take steps to be prepared. If your business is insolvent, or you fear it may soon be so, the time to act is now.

Failure of major customer

A nightmare scenario for any business owner: one of your biggest customers goes bust owing you thousands of pounds. Initially they become difficult...
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Cash flow crisis

One day your operation is humming along nicely, doing profitable business, and the next, everything is under threat. All because your bank account is ...
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Receipt of a CCJ

It’s no joke when your business runs out of cash. One day your operation is ticking over nicely, doing profitable business, and the next, everything...
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Loss of key staff

Have you just received the bad news that one of your most valuable employees isn’t coming back to work? While no one is indispensible in business...
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Loss of premises or stock

Every year, business owners across the country see their livelihoods devoured by fire, swept away by floods, stolen by thieves or destroyed by mindles...
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