When Should A Charity Declare Insolvency?
Charities have noble aims and pursue worthy causes, but unfortunately, they are also at the mercy of market forces, economics,…
What Is The Process Of Liquidation For A Charity?
Despite working towards good causes, non-profit charities face the threat of liquidation just as much as profit-driven companies do. Poor…
Why Retailers Are Going Bankrupt?
It’s been a tough year for every sector of the United Kingdom’s economy, but particularly so for the retail sector.…
Complete Guide to Compulsory Liquidation
Compulsory liquidation is a type of formal insolvency proceeding that sees a company being wound up against the will of…
What Are The Obligations Of Charity Trustees?
Charity trustees are responsible for overseeing the running of a charitable organisation. Ultimately, they’re responsible for the success or failure…
Do Charities Need To Be Audited?
It’s important that a charity remains transparent because, despite their similarities to traditional businesses, charities answer to the generosity of…
How Small Businesses Should Tackle Late Payments
The failure of thousands of small businesses every year is blamed on late payment issues. Nationwide, the bill for unpaid…
When Can I Start Trading Again After Insolvency?
If a company enters into insolvency proceedings because it’s no longer able to pay its debts, then by law the…
How Are Businesses Coping with the UK’s Third National Lockdown?
After a bleak ten months of social distancing and intermittent lockdowns, UK businesses hoped that the New Year would also…