Is Administration the Same as Insolvency?
Administration and insolvency are both words associated with financial difficulties, but is administration the same as insolvency? Although connected, it’s…
Can a Company Still Trade in Administration?
A company enters into administration when it fails to pay its debts. To prevent insolvency, shareholders or directors of the…
How to Get Out of Administration
Administration is one of the avenues available to a company that’s become insolvent. Recent statistics reveal that across a large…
What Is Voluntary Administration?
Voluntary administration is a type of insolvency procedure where an external administrator is appointed to a company in financial difficulty.…
Why do businesses fail?
Businesses fail all the time. Even huge, established, high-street names that have been patronised by generations can eventually come down,…
What Is a Pre-Pack Administration?
You own a business that’s been struggling for months. You’ve taken out loans, borrowed from friends and tried all legal…
How insolvency practitioners can assist tech companies
Businesses in all kinds of industries can face sudden and crippling issues with their short-term capital, and the tech sector is…
What Are Your Options If Your Business Is in Debt?
Business owners face constant financial challenges. If you’re worried that your company is in debt, it’s useful to know that…
What to do if you are struggling with debt?
Debt can be an incredibly difficult thing to manage and overcome. It’s often hard to escape and leaks into other…