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COMPANY DEBT
More About Us. Here at Company Debt, we provide UK directors with straightforward and confidential business debt advice tailored insolvency solutions and invoice finance, to help solve your company’s debt problems. Many businesses struggle to meet their financial obligations, including making tax HOW ARE HOTELS ADAPTING AND INNOVATING DURING COVID-19 In the UK, the situation is no better, with predicted occupancy rates falling from 75.4% in 2019 to 37.6% in 2020, before rising to 59.2% in 2021. Worse news still is that even with the successful roll-out of the Coronavirus vaccines, PwC forecasts that it could take four years for occupancy rates to return to pre-Covid-19 levels. Despite the EFFECTS OF COVID-19 ON GLOBAL CRUISE INDUSTRY For many years, the cruise industry was booming, riding the crest of a wave that culminated in more than 29.7 million passengers in 2019. In 2020, it was forecast that more than 32 million passengers would go cruising, but then along came COVID-19 to take the wind from theindustry’s sails.
124 PINTS PER ADULT REQUIRED TO SAVE THE BRITISH PUB 124 Pints per Adult Required to Save the British Pub. With the latest estimates suggesting that the UK’s food and beverage industry lost at least £25.66 billion due to COVID-19, we wondered how much every person in the UK would need to spend in order to reach pre-pandemic levels. In particular, we wondered how far that money would go in pubs WHAT’S THE CAPITAL DISTRIBUTION ON WINDING UP A COMPANY A capital distribution from a company is any money that’s paid from the company to its shareholders that is subject to capital gains tax and is not treated as income for income tax purposes. The majority of distributions made by a company are in the form of income distributions, such as dividend payments, and will be subject toincome tax
WHO PAYS THE LIQUIDATOR'S FEES? Directors Redundancy Payments Can Pay the Liquidator. Another means of paying the liquidators fees might come from director’s redundancy. Many directors simply don’t realise that it’s not just employees covered by HMRC’s redundancy payment scheme. You may WHAT ARE FIXED AND FLOATING CHARGES? CAN HMRC CHASE A DISSOLVED COMPANY? Can HMRC Pursue a Dissolved Company? Even if you manage to successfully strike off a company with tax debts, HMRC will still be able to take action against the dissolved company to recover the money it is owed. In fact, HMRC would have no hesitation in pursuing the company as long as the level of tax liabilities made it worthwhile. CAN A COMPANY SECRETARY BE HELD PERSONALLY LIABLE FOR A company secretary may be held personally liable should the rules laid out in the Companies Act not be adhered to. Just as directors themselves might be held financially responsible for negligence, so too does the Companies Act make clear, in almost 100 of its sections, CAN A DIRECTOR HAVE A CRIMINAL RECORD?COMPANY DEBT
More About Us. Here at Company Debt, we provide UK directors with straightforward and confidential business debt advice tailored insolvency solutions and invoice finance, to help solve your company’s debt problems. Many businesses struggle to meet their financial obligations, including making tax HOW ARE HOTELS ADAPTING AND INNOVATING DURING COVID-19 In the UK, the situation is no better, with predicted occupancy rates falling from 75.4% in 2019 to 37.6% in 2020, before rising to 59.2% in 2021. Worse news still is that even with the successful roll-out of the Coronavirus vaccines, PwC forecasts that it could take four years for occupancy rates to return to pre-Covid-19 levels. Despite the EFFECTS OF COVID-19 ON GLOBAL CRUISE INDUSTRY For many years, the cruise industry was booming, riding the crest of a wave that culminated in more than 29.7 million passengers in 2019. In 2020, it was forecast that more than 32 million passengers would go cruising, but then along came COVID-19 to take the wind from theindustry’s sails.
124 PINTS PER ADULT REQUIRED TO SAVE THE BRITISH PUB 124 Pints per Adult Required to Save the British Pub. With the latest estimates suggesting that the UK’s food and beverage industry lost at least £25.66 billion due to COVID-19, we wondered how much every person in the UK would need to spend in order to reach pre-pandemic levels. In particular, we wondered how far that money would go in pubs WHAT’S THE CAPITAL DISTRIBUTION ON WINDING UP A COMPANY A capital distribution from a company is any money that’s paid from the company to its shareholders that is subject to capital gains tax and is not treated as income for income tax purposes. The majority of distributions made by a company are in the form of income distributions, such as dividend payments, and will be subject toincome tax
WHO PAYS THE LIQUIDATOR'S FEES? Directors Redundancy Payments Can Pay the Liquidator. Another means of paying the liquidators fees might come from director’s redundancy. Many directors simply don’t realise that it’s not just employees covered by HMRC’s redundancy payment scheme. You may WHAT ARE FIXED AND FLOATING CHARGES? CAN HMRC CHASE A DISSOLVED COMPANY? Can HMRC Pursue a Dissolved Company? Even if you manage to successfully strike off a company with tax debts, HMRC will still be able to take action against the dissolved company to recover the money it is owed. In fact, HMRC would have no hesitation in pursuing the company as long as the level of tax liabilities made it worthwhile. CAN A COMPANY SECRETARY BE HELD PERSONALLY LIABLE FOR A company secretary may be held personally liable should the rules laid out in the Companies Act not be adhered to. Just as directors themselves might be held financially responsible for negligence, so too does the Companies Act make clear, in almost 100 of its sections, CAN A DIRECTOR HAVE A CRIMINAL RECORD? WHAT'S THE COMPANY LIQUIDATION PROCESS? Directors sign what is called a Declaration of Solvency. Shareholders vote upon and pass the Resolution to Wind Up. Director appoints an Insolvency Practitioner to sell any assets. The solvent liquidation is advertised in the London Gazette. At the end of the process the company will be struck off the register and cease to exist. WHO PAYS THE LIQUIDATOR'S FEES? Directors Redundancy Payments Can Pay the Liquidator. Another means of paying the liquidators fees might come from director’s redundancy. Many directors simply don’t realise that it’s not just employees covered by HMRC’s redundancy payment scheme. You may WHAT TO DO WHEN YOUR BUSINESS IS IN TROUBLE Helping a troubled business requires a clear, unemotional mind state focussed on yielding the best results for the company. Actions may include restructuring, staff redundancies, acquiring finance, and communicating with creditors. Ideally, this should be done by an experienced company rescue specialist. What is the number one cause ofbusiness
CAN I DISSOLVE A COMPANY WITH A BOUNCE BACK LOAN If you wish to close a company, and you took a Bounce Back Loan, it is still possible to eradicate the debt and close the limited company. With a voluntary liquidation, a licensed insolvency practitioner deals with the company creditors, sells any assets to pay debts and WHAT ARE FIXED AND FLOATING CHARGES? A fixed charge applies to a specific identifiable asset, while a floating charge is dynamic in nature and generally applies to the whole of the company’s property. An asset covered by a fixed charge cannot be sold or transferred unless the charge holder agrees. A floating charge can be sold, transferred or disposed of until a pointwhen it
EFFECTS OF LIQUIDATION Business Liquidation Effects are Dependant on the Type of Insolvency. Compulsory Liquidation – Where creditors have forced a company into liquidation, an Insolvency Practitioner will take control of your business, leaving directors with few options. There will certainly be an investigation into directorial conduct in the period preceding the insolvency which could leave directors open to WHAT HAPPENS IF YOU CAN'T PAY OR DEFAULT ON A BOUNCE BACK As of February 2021, the government also offers the option to: extend the loan term up to 10 years, at the same 2.5% rate if you’re struggling to make monthly repayments. have up to 3 x 6 month periods of interest-only repayments during the loan tenure. request a single 6 month payment holiday. STRIKING OFF A LIMITED COMPANY Striking Off a Limited Company: A Guide. Dissolving a company, also known as striking off, can be a simple, cost-effective way to close down a solvent company with no assets. Dissolving a company allows the directors to retain full control of the business throughout the process and, although creditors must be repaid before the closure,there is
REMOVE A COUNTY COURT JUDGEMENT FROM YOUR CREDIT 3 Ways to Remove a CCJ from Your Credit Records Pay the CCJ within a Month. Although a CCJ can appear on credit records within a couple of days of the judgment, if you take action quickly and the debt is paid it in full within a month, its details will be subsequently removed from the Register of Orders Judgments and Fines.If it’s paid within this timeframe and the Court is made aware of it HOW ARE LANDLORDS AFFECTED BY LIQUIDATION? When a company goes into liquidation, a liquidator can disclaim the lease. This is a unilateral decision by the liquidator to simply hand back the property to the landlord. The liquidator will do this by sending a form under section 178 of the Insolvency Act 1986 to the landlord and all other interested parties to disclaim the onerouslease.
COMPANY DEBT
More About Us. Here at Company Debt, we provide UK directors with straightforward and confidential business debt advice tailored insolvency solutions and invoice finance, to help solve your company’s debt problems. Many businesses struggle to meet their financial obligations, including making tax HOW ARE HOTELS ADAPTING AND INNOVATING DURING COVID-19 In the UK, the situation is no better, with predicted occupancy rates falling from 75.4% in 2019 to 37.6% in 2020, before rising to 59.2% in 2021. Worse news still is that even with the successful roll-out of the Coronavirus vaccines, PwC forecasts that it could take four years for occupancy rates to return to pre-Covid-19 levels. Despite the EFFECTS OF COVID-19 ON GLOBAL CRUISE INDUSTRY For many years, the cruise industry was booming, riding the crest of a wave that culminated in more than 29.7 million passengers in 2019. In 2020, it was forecast that more than 32 million passengers would go cruising, but then along came COVID-19 to take the wind from theindustry’s sails.
124 PINTS PER ADULT REQUIRED TO SAVE THE BRITISH PUB 124 Pints per Adult Required to Save the British Pub. With the latest estimates suggesting that the UK’s food and beverage industry lost at least £25.66 billion due to COVID-19, we wondered how much every person in the UK would need to spend in order to reach pre-pandemic levels. In particular, we wondered how far that money would go in pubs WHAT’S THE CAPITAL DISTRIBUTION ON WINDING UP A COMPANY A capital distribution from a company is any money that’s paid from the company to its shareholders that is subject to capital gains tax and is not treated as income for income tax purposes. The majority of distributions made by a company are in the form of income distributions, such as dividend payments, and will be subject toincome tax
WHO PAYS THE LIQUIDATOR'S FEES? Directors Redundancy Payments Can Pay the Liquidator. Another means of paying the liquidators fees might come from director’s redundancy. Many directors simply don’t realise that it’s not just employees covered by HMRC’s redundancy payment scheme. You may WHAT ARE FIXED AND FLOATING CHARGES? CAN HMRC CHASE A DISSOLVED COMPANY? Can HMRC Pursue a Dissolved Company? Even if you manage to successfully strike off a company with tax debts, HMRC will still be able to take action against the dissolved company to recover the money it is owed. In fact, HMRC would have no hesitation in pursuing the company as long as the level of tax liabilities made it worthwhile. CAN A COMPANY SECRETARY BE HELD PERSONALLY LIABLE FOR A company secretary may be held personally liable should the rules laid out in the Companies Act not be adhered to. Just as directors themselves might be held financially responsible for negligence, so too does the Companies Act make clear, in almost 100 of its sections, CAN A DIRECTOR HAVE A CRIMINAL RECORD?COMPANY DEBT
More About Us. Here at Company Debt, we provide UK directors with straightforward and confidential business debt advice tailored insolvency solutions and invoice finance, to help solve your company’s debt problems. Many businesses struggle to meet their financial obligations, including making tax HOW ARE HOTELS ADAPTING AND INNOVATING DURING COVID-19 In the UK, the situation is no better, with predicted occupancy rates falling from 75.4% in 2019 to 37.6% in 2020, before rising to 59.2% in 2021. Worse news still is that even with the successful roll-out of the Coronavirus vaccines, PwC forecasts that it could take four years for occupancy rates to return to pre-Covid-19 levels. Despite the EFFECTS OF COVID-19 ON GLOBAL CRUISE INDUSTRY For many years, the cruise industry was booming, riding the crest of a wave that culminated in more than 29.7 million passengers in 2019. In 2020, it was forecast that more than 32 million passengers would go cruising, but then along came COVID-19 to take the wind from theindustry’s sails.
124 PINTS PER ADULT REQUIRED TO SAVE THE BRITISH PUB 124 Pints per Adult Required to Save the British Pub. With the latest estimates suggesting that the UK’s food and beverage industry lost at least £25.66 billion due to COVID-19, we wondered how much every person in the UK would need to spend in order to reach pre-pandemic levels. In particular, we wondered how far that money would go in pubs WHAT’S THE CAPITAL DISTRIBUTION ON WINDING UP A COMPANY A capital distribution from a company is any money that’s paid from the company to its shareholders that is subject to capital gains tax and is not treated as income for income tax purposes. The majority of distributions made by a company are in the form of income distributions, such as dividend payments, and will be subject toincome tax
WHO PAYS THE LIQUIDATOR'S FEES? Directors Redundancy Payments Can Pay the Liquidator. Another means of paying the liquidators fees might come from director’s redundancy. Many directors simply don’t realise that it’s not just employees covered by HMRC’s redundancy payment scheme. You may WHAT ARE FIXED AND FLOATING CHARGES? CAN HMRC CHASE A DISSOLVED COMPANY? Can HMRC Pursue a Dissolved Company? Even if you manage to successfully strike off a company with tax debts, HMRC will still be able to take action against the dissolved company to recover the money it is owed. In fact, HMRC would have no hesitation in pursuing the company as long as the level of tax liabilities made it worthwhile. CAN A COMPANY SECRETARY BE HELD PERSONALLY LIABLE FOR A company secretary may be held personally liable should the rules laid out in the Companies Act not be adhered to. Just as directors themselves might be held financially responsible for negligence, so too does the Companies Act make clear, in almost 100 of its sections, CAN A DIRECTOR HAVE A CRIMINAL RECORD? WHAT'S THE COMPANY LIQUIDATION PROCESS? Directors sign what is called a Declaration of Solvency. Shareholders vote upon and pass the Resolution to Wind Up. Director appoints an Insolvency Practitioner to sell any assets. The solvent liquidation is advertised in the London Gazette. At the end of the process the company will be struck off the register and cease to exist. WHO PAYS THE LIQUIDATOR'S FEES? Directors Redundancy Payments Can Pay the Liquidator. Another means of paying the liquidators fees might come from director’s redundancy. Many directors simply don’t realise that it’s not just employees covered by HMRC’s redundancy payment scheme. You may WHAT TO DO WHEN YOUR BUSINESS IS IN TROUBLE Helping a troubled business requires a clear, unemotional mind state focussed on yielding the best results for the company. Actions may include restructuring, staff redundancies, acquiring finance, and communicating with creditors. Ideally, this should be done by an experienced company rescue specialist. What is the number one cause ofbusiness
CAN I DISSOLVE A COMPANY WITH A BOUNCE BACK LOAN If you wish to close a company, and you took a Bounce Back Loan, it is still possible to eradicate the debt and close the limited company. With a voluntary liquidation, a licensed insolvency practitioner deals with the company creditors, sells any assets to pay debts and WHAT ARE FIXED AND FLOATING CHARGES? A fixed charge applies to a specific identifiable asset, while a floating charge is dynamic in nature and generally applies to the whole of the company’s property. An asset covered by a fixed charge cannot be sold or transferred unless the charge holder agrees. A floating charge can be sold, transferred or disposed of until a pointwhen it
EFFECTS OF LIQUIDATION Business Liquidation Effects are Dependant on the Type of Insolvency. Compulsory Liquidation – Where creditors have forced a company into liquidation, an Insolvency Practitioner will take control of your business, leaving directors with few options. There will certainly be an investigation into directorial conduct in the period preceding the insolvency which could leave directors open to WHAT HAPPENS IF YOU CAN'T PAY OR DEFAULT ON A BOUNCE BACK As of February 2021, the government also offers the option to: extend the loan term up to 10 years, at the same 2.5% rate if you’re struggling to make monthly repayments. have up to 3 x 6 month periods of interest-only repayments during the loan tenure. request a single 6 month payment holiday. STRIKING OFF A LIMITED COMPANY Striking Off a Limited Company: A Guide. Dissolving a company, also known as striking off, can be a simple, cost-effective way to close down a solvent company with no assets. Dissolving a company allows the directors to retain full control of the business throughout the process and, although creditors must be repaid before the closure,there is
REMOVE A COUNTY COURT JUDGEMENT FROM YOUR CREDIT 3 Ways to Remove a CCJ from Your Credit Records Pay the CCJ within a Month. Although a CCJ can appear on credit records within a couple of days of the judgment, if you take action quickly and the debt is paid it in full within a month, its details will be subsequently removed from the Register of Orders Judgments and Fines.If it’s paid within this timeframe and the Court is made aware of it HOW ARE LANDLORDS AFFECTED BY LIQUIDATION? When a company goes into liquidation, a liquidator can disclaim the lease. This is a unilateral decision by the liquidator to simply hand back the property to the landlord. The liquidator will do this by sending a form under section 178 of the Insolvency Act 1986 to the landlord and all other interested parties to disclaim the onerouslease.
COMPANY DEBT
More About Us. Here at Company Debt, we provide UK directors with straightforward and confidential business debt advice tailored insolvency solutions and invoice finance, to help solve your company’s debt problems. Many businesses struggle to meet their financial obligations, including making tax HOW ARE HOTELS ADAPTING AND INNOVATING DURING COVID-19 In the UK, the situation is no better, with predicted occupancy rates falling from 75.4% in 2019 to 37.6% in 2020, before rising to 59.2% in 2021. Worse news still is that even with the successful roll-out of the Coronavirus vaccines, PwC forecasts that it could take four years for occupancy rates to return to pre-Covid-19 levels. Despite the EFFECTS OF COVID-19 ON GLOBAL CRUISE INDUSTRY For many years, the cruise industry was booming, riding the crest of a wave that culminated in more than 29.7 million passengers in 2019. In 2020, it was forecast that more than 32 million passengers would go cruising, but then along came COVID-19 to take the wind from theindustry’s sails.
WHAT’S THE CAPITAL DISTRIBUTION ON WINDING UP A COMPANY A capital distribution from a company is any money that’s paid from the company to its shareholders that is subject to capital gains tax and is not treated as income for income tax purposes. The majority of distributions made by a company are in the form of income distributions, such as dividend payments, and will be subject toincome tax
WHAT HAPPENS IF YOU DEFAULT ON A BOUNCE BACK LOAN As part of our series on bounce back loans we cover the question of what happens if you default on your loan. A recent report from the National Audit Office suggests that a huge number of businesses will default on the government backed loan scheme, costing the HMRC up to 26 billion. If you’re a business owner concerned about bounce backloan
WHAT HAPPENS IF YOU CAN'T PAY OR DEFAULT ON A BOUNCE BACK As of February 2021, the government also offers the option to: extend the loan term up to 10 years, at the same 2.5% rate if you’re struggling to make monthly repayments. have up to 3 x 6 month periods of interest-only repayments during the loan tenure. request a single 6 month payment holiday. HOW TO LEGALLY TAKE MONEY OUT OF A LIMITED COMPANY A Director’s Salary. The most familiar method of taking money out of a limited company is for the directors to pay themselves a salary. Company directors are employees of the business just like anyone else, so they will have to be registered with HMRC for PAYE and will also have to pay National Insurance Contributions on their earnings. EFFECTS OF LIQUIDATION Effects on Directors. Once the company is in liquidation the directors hand over responsibility to the insolvency practitioner. Their powers cease and their principal action, from this point on, is to assist the liquidator with questions, including the creation of a Statement of Affairs document. Directors will have their actions in the period CAN HMRC CHASE A DISSOLVED COMPANY? Can HMRC Pursue a Dissolved Company? Even if you manage to successfully strike off a company with tax debts, HMRC will still be able to take action against the dissolved company to recover the money it is owed. In fact, HMRC would have no hesitation in pursuing the company as long as the level of tax liabilities made it worthwhile. CAN A COMPANY SECRETARY BE HELD PERSONALLY LIABLE FOR A company secretary may be held personally liable should the rules laid out in the Companies Act not be adhered to. Just as directors themselves might be held financially responsible for negligence, so too does the Companies Act make clear, in almost 100 of its sections,COMPANY DEBT
More About Us. Here at Company Debt, we provide UK directors with straightforward and confidential business debt advice tailored insolvency solutions and invoice finance, to help solve your company’s debt problems. Many businesses struggle to meet their financial obligations, including making tax HOW ARE HOTELS ADAPTING AND INNOVATING DURING COVID-19 In the UK, the situation is no better, with predicted occupancy rates falling from 75.4% in 2019 to 37.6% in 2020, before rising to 59.2% in 2021. Worse news still is that even with the successful roll-out of the Coronavirus vaccines, PwC forecasts that it could take four years for occupancy rates to return to pre-Covid-19 levels. Despite the EFFECTS OF COVID-19 ON GLOBAL CRUISE INDUSTRY For many years, the cruise industry was booming, riding the crest of a wave that culminated in more than 29.7 million passengers in 2019. In 2020, it was forecast that more than 32 million passengers would go cruising, but then along came COVID-19 to take the wind from theindustry’s sails.
WHAT’S THE CAPITAL DISTRIBUTION ON WINDING UP A COMPANY A capital distribution from a company is any money that’s paid from the company to its shareholders that is subject to capital gains tax and is not treated as income for income tax purposes. The majority of distributions made by a company are in the form of income distributions, such as dividend payments, and will be subject toincome tax
WHAT HAPPENS IF YOU DEFAULT ON A BOUNCE BACK LOAN As part of our series on bounce back loans we cover the question of what happens if you default on your loan. A recent report from the National Audit Office suggests that a huge number of businesses will default on the government backed loan scheme, costing the HMRC up to 26 billion. If you’re a business owner concerned about bounce backloan
WHAT HAPPENS IF YOU CAN'T PAY OR DEFAULT ON A BOUNCE BACK As of February 2021, the government also offers the option to: extend the loan term up to 10 years, at the same 2.5% rate if you’re struggling to make monthly repayments. have up to 3 x 6 month periods of interest-only repayments during the loan tenure. request a single 6 month payment holiday. HOW TO LEGALLY TAKE MONEY OUT OF A LIMITED COMPANY A Director’s Salary. The most familiar method of taking money out of a limited company is for the directors to pay themselves a salary. Company directors are employees of the business just like anyone else, so they will have to be registered with HMRC for PAYE and will also have to pay National Insurance Contributions on their earnings. EFFECTS OF LIQUIDATION Effects on Directors. Once the company is in liquidation the directors hand over responsibility to the insolvency practitioner. Their powers cease and their principal action, from this point on, is to assist the liquidator with questions, including the creation of a Statement of Affairs document. Directors will have their actions in the period CAN HMRC CHASE A DISSOLVED COMPANY? Can HMRC Pursue a Dissolved Company? Even if you manage to successfully strike off a company with tax debts, HMRC will still be able to take action against the dissolved company to recover the money it is owed. In fact, HMRC would have no hesitation in pursuing the company as long as the level of tax liabilities made it worthwhile. CAN A COMPANY SECRETARY BE HELD PERSONALLY LIABLE FOR A company secretary may be held personally liable should the rules laid out in the Companies Act not be adhered to. Just as directors themselves might be held financially responsible for negligence, so too does the Companies Act make clear, in almost 100 of its sections, WHO PAYS THE LIQUIDATOR'S FEES? Directors Redundancy Payments Can Pay the Liquidator. Another means of paying the liquidators fees might come from director’s redundancy. Many directors simply don’t realise that it’s not just employees covered by HMRC’s redundancy payment scheme. You may be eligibile as long as you’re: on the company payroll. WHAT'S THE INSOLVENCY PROCESS? The first thing to realise is that insolvency is ultimately a legal process intended to help businesses with debt, and maximise returns for creditors. That said, it is also a way for directors of struggling companies to find respite from intensely stressful situations, and to close or rescue companies that have reached a critical juncture. WHAT HAPPENS IF YOU CAN'T PAY OR DEFAULT ON A BOUNCE BACK As of February 2021, the government also offers the option to: extend the loan term up to 10 years, at the same 2.5% rate if you’re struggling to make monthly repayments. have up to 3 x 6 month periods of interest-only repayments during the loan tenure. request a single 6 month payment holiday. 124 PINTS PER ADULT REQUIRED TO SAVE THE BRITISH PUB 124 Pints per Adult Required to Save the British Pub. With the latest estimates suggesting that the UK’s food and beverage industry lost at least £25.66 billion due to COVID-19, we wondered how much every person in the UK would need to spend in order to reach pre-pandemic levels. In particular, we wondered how far that money would go in pubs HOW MANY INSOLVENCIES WILL 2021 BRING? New data from Euler Hermes insurers confirms predictions that 2021 is likely to bring a flood of corporate insolvencies throughout the world’s largest economies.. Half of the countries listed will record a new high since the 2009 financial crisis. Insolvencies in the US will rise 57% on 2019, reflecting the largest rise. CAN I LIQUIDATE A COMPANY WITH A BOUNCE BACK LOAN Concerned about whether it’s possible to liquidate your struggling business, or enter insolvency, with a Bounce Back Loan (BBLS) in place? Over £21bn was borrowed by UK businesses during 2020 as part of the Bounce Back Loan Scheme.This specialist type of COVID-19 funding was intended to prevent mass insolvencies during one of the toughest times in British economic history. CAN A DIRECTOR HAVE A CRIMINAL RECORD? Having a Criminal Record. Under The Company Directors Disqualification Act 1986 a director is classed as either “fit” or “unfit” to act as a director of a company. The definition of a “fit” director doesn’t exist, that said, there is a list of factors defining “unfitness”. Individuals who are not regarded “unfit” under STRIKING OFF A LIMITED COMPANY Striking Off a Limited Company: A Guide. Dissolving a company, also known as striking off, can be a simple, cost-effective way to close down a solvent company with no assets. Dissolving a company allows the directors to retain full control of the business throughout the process and, although creditors must be repaid before the closure,there is
STRIKING OFF VS. LIQUIDATION The maximum value of company assets and share capital that can be distributed on strike off is £25,000. Any funds that exceed this limit will be taxed as income. For that reason, if you are a higher rate taxpayer or the company’s assets are likely to exceed £25,000, a Members’ Voluntary Liquidation COMMON INSOLVENCY PROBLEMS AND RESCUE SOLUTIONS Here are some common business insolvency problems and potential options that may be applied as company rescue solutions. From finance to negotiating time to pay arrangements with creditors, this article will explore the options available to you.COMPANY DEBT
More About Us. Here at Company Debt, we provide UK directors with straightforward and confidential business debt advice tailored insolvency solutions and invoice finance, to help solve your company’s debt problems. Many businesses struggle to meet their financial obligations, including making tax HOW ARE HOTELS ADAPTING AND INNOVATING DURING COVID-19 In the UK, the situation is no better, with predicted occupancy rates falling from 75.4% in 2019 to 37.6% in 2020, before rising to 59.2% in 2021. Worse news still is that even with the successful roll-out of the Coronavirus vaccines, PwC forecasts that it could take four years for occupancy rates to return to pre-Covid-19 levels. Despite the EFFECTS OF COVID-19 ON GLOBAL CRUISE INDUSTRY For many years, the cruise industry was booming, riding the crest of a wave that culminated in more than 29.7 million passengers in 2019. In 2020, it was forecast that more than 32 million passengers would go cruising, but then along came COVID-19 to take the wind from theindustry’s sails.
WHAT’S THE CAPITAL DISTRIBUTION ON WINDING UP A COMPANY A capital distribution from a company is any money that’s paid from the company to its shareholders that is subject to capital gains tax and is not treated as income for income tax purposes. The majority of distributions made by a company are in the form of income distributions, such as dividend payments, and will be subject toincome tax
WHAT HAPPENS IF YOU DEFAULT ON A BOUNCE BACK LOAN As part of our series on bounce back loans we cover the question of what happens if you default on your loan. A recent report from the National Audit Office suggests that a huge number of businesses will default on the government backed loan scheme, costing the HMRC up to 26 billion. If you’re a business owner concerned about bounce backloan
WHAT HAPPENS IF YOU CAN'T PAY OR DEFAULT ON A BOUNCE BACK As of February 2021, the government also offers the option to: extend the loan term up to 10 years, at the same 2.5% rate if you’re struggling to make monthly repayments. have up to 3 x 6 month periods of interest-only repayments during the loan tenure. request a single 6 month payment holiday. HOW TO LEGALLY TAKE MONEY OUT OF A LIMITED COMPANY A Director’s Salary. The most familiar method of taking money out of a limited company is for the directors to pay themselves a salary. Company directors are employees of the business just like anyone else, so they will have to be registered with HMRC for PAYE and will also have to pay National Insurance Contributions on their earnings. EFFECTS OF LIQUIDATION Effects on Directors. Once the company is in liquidation the directors hand over responsibility to the insolvency practitioner. Their powers cease and their principal action, from this point on, is to assist the liquidator with questions, including the creation of a Statement of Affairs document. Directors will have their actions in the period CAN HMRC CHASE A DISSOLVED COMPANY? Can HMRC Pursue a Dissolved Company? Even if you manage to successfully strike off a company with tax debts, HMRC will still be able to take action against the dissolved company to recover the money it is owed. In fact, HMRC would have no hesitation in pursuing the company as long as the level of tax liabilities made it worthwhile. CAN A COMPANY SECRETARY BE HELD PERSONALLY LIABLE FOR A company secretary may be held personally liable should the rules laid out in the Companies Act not be adhered to. Just as directors themselves might be held financially responsible for negligence, so too does the Companies Act make clear, in almost 100 of its sections,COMPANY DEBT
More About Us. Here at Company Debt, we provide UK directors with straightforward and confidential business debt advice tailored insolvency solutions and invoice finance, to help solve your company’s debt problems. Many businesses struggle to meet their financial obligations, including making tax HOW ARE HOTELS ADAPTING AND INNOVATING DURING COVID-19 In the UK, the situation is no better, with predicted occupancy rates falling from 75.4% in 2019 to 37.6% in 2020, before rising to 59.2% in 2021. Worse news still is that even with the successful roll-out of the Coronavirus vaccines, PwC forecasts that it could take four years for occupancy rates to return to pre-Covid-19 levels. Despite the EFFECTS OF COVID-19 ON GLOBAL CRUISE INDUSTRY For many years, the cruise industry was booming, riding the crest of a wave that culminated in more than 29.7 million passengers in 2019. In 2020, it was forecast that more than 32 million passengers would go cruising, but then along came COVID-19 to take the wind from theindustry’s sails.
WHAT’S THE CAPITAL DISTRIBUTION ON WINDING UP A COMPANY A capital distribution from a company is any money that’s paid from the company to its shareholders that is subject to capital gains tax and is not treated as income for income tax purposes. The majority of distributions made by a company are in the form of income distributions, such as dividend payments, and will be subject toincome tax
WHAT HAPPENS IF YOU DEFAULT ON A BOUNCE BACK LOAN As part of our series on bounce back loans we cover the question of what happens if you default on your loan. A recent report from the National Audit Office suggests that a huge number of businesses will default on the government backed loan scheme, costing the HMRC up to 26 billion. If you’re a business owner concerned about bounce backloan
WHAT HAPPENS IF YOU CAN'T PAY OR DEFAULT ON A BOUNCE BACK As of February 2021, the government also offers the option to: extend the loan term up to 10 years, at the same 2.5% rate if you’re struggling to make monthly repayments. have up to 3 x 6 month periods of interest-only repayments during the loan tenure. request a single 6 month payment holiday. HOW TO LEGALLY TAKE MONEY OUT OF A LIMITED COMPANY A Director’s Salary. The most familiar method of taking money out of a limited company is for the directors to pay themselves a salary. Company directors are employees of the business just like anyone else, so they will have to be registered with HMRC for PAYE and will also have to pay National Insurance Contributions on their earnings. EFFECTS OF LIQUIDATION Effects on Directors. Once the company is in liquidation the directors hand over responsibility to the insolvency practitioner. Their powers cease and their principal action, from this point on, is to assist the liquidator with questions, including the creation of a Statement of Affairs document. Directors will have their actions in the period CAN HMRC CHASE A DISSOLVED COMPANY? Can HMRC Pursue a Dissolved Company? Even if you manage to successfully strike off a company with tax debts, HMRC will still be able to take action against the dissolved company to recover the money it is owed. In fact, HMRC would have no hesitation in pursuing the company as long as the level of tax liabilities made it worthwhile. CAN A COMPANY SECRETARY BE HELD PERSONALLY LIABLE FOR A company secretary may be held personally liable should the rules laid out in the Companies Act not be adhered to. Just as directors themselves might be held financially responsible for negligence, so too does the Companies Act make clear, in almost 100 of its sections, WHO PAYS THE LIQUIDATOR'S FEES? Directors Redundancy Payments Can Pay the Liquidator. Another means of paying the liquidators fees might come from director’s redundancy. Many directors simply don’t realise that it’s not just employees covered by HMRC’s redundancy payment scheme. You may be eligibile as long as you’re: on the company payroll. WHAT'S THE INSOLVENCY PROCESS? The first thing to realise is that insolvency is ultimately a legal process intended to help businesses with debt, and maximise returns for creditors. That said, it is also a way for directors of struggling companies to find respite from intensely stressful situations, and to close or rescue companies that have reached a critical juncture. WHAT HAPPENS IF YOU CAN'T PAY OR DEFAULT ON A BOUNCE BACK As of February 2021, the government also offers the option to: extend the loan term up to 10 years, at the same 2.5% rate if you’re struggling to make monthly repayments. have up to 3 x 6 month periods of interest-only repayments during the loan tenure. request a single 6 month payment holiday. 124 PINTS PER ADULT REQUIRED TO SAVE THE BRITISH PUB 124 Pints per Adult Required to Save the British Pub. With the latest estimates suggesting that the UK’s food and beverage industry lost at least £25.66 billion due to COVID-19, we wondered how much every person in the UK would need to spend in order to reach pre-pandemic levels. In particular, we wondered how far that money would go in pubs HOW MANY INSOLVENCIES WILL 2021 BRING? New data from Euler Hermes insurers confirms predictions that 2021 is likely to bring a flood of corporate insolvencies throughout the world’s largest economies.. Half of the countries listed will record a new high since the 2009 financial crisis. Insolvencies in the US will rise 57% on 2019, reflecting the largest rise. CAN I LIQUIDATE A COMPANY WITH A BOUNCE BACK LOAN Concerned about whether it’s possible to liquidate your struggling business, or enter insolvency, with a Bounce Back Loan (BBLS) in place? Over £21bn was borrowed by UK businesses during 2020 as part of the Bounce Back Loan Scheme.This specialist type of COVID-19 funding was intended to prevent mass insolvencies during one of the toughest times in British economic history. CAN A DIRECTOR HAVE A CRIMINAL RECORD? Having a Criminal Record. Under The Company Directors Disqualification Act 1986 a director is classed as either “fit” or “unfit” to act as a director of a company. The definition of a “fit” director doesn’t exist, that said, there is a list of factors defining “unfitness”. Individuals who are not regarded “unfit” under STRIKING OFF A LIMITED COMPANY Striking Off a Limited Company: A Guide. Dissolving a company, also known as striking off, can be a simple, cost-effective way to close down a solvent company with no assets. Dissolving a company allows the directors to retain full control of the business throughout the process and, although creditors must be repaid before the closure,there is
STRIKING OFF VS. LIQUIDATION The maximum value of company assets and share capital that can be distributed on strike off is £25,000. Any funds that exceed this limit will be taxed as income. For that reason, if you are a higher rate taxpayer or the company’s assets are likely to exceed £25,000, a Members’ Voluntary Liquidation COMMON INSOLVENCY PROBLEMS AND RESCUE SOLUTIONS Here are some common business insolvency problems and potential options that may be applied as company rescue solutions. From finance to negotiating time to pay arrangements with creditors, this article will explore the options available to you.COMPANY DEBT
More About Us. Here at Company Debt, we provide UK directors with straightforward and confidential business debt advice tailored insolvency solutions and invoice finance, to help solve your company’s debt problems. Many businesses struggle to meet their financial obligations, including making tax WHAT HAPPENS IF YOU CAN'T PAY OR DEFAULT ON A BOUNCE BACK As of February 2021, the government also offers the option to: extend the loan term up to 10 years, at the same 2.5% rate if you’re struggling to make monthly repayments. have up to 3 x 6 month periods of interest-only repayments during the loan tenure. request a single 6 month payment holiday. WHAT HAPPENS IF YOU DEFAULT ON A BOUNCE BACK LOAN As part of our series on bounce back loans we cover the question of what happens if you default on your loan. A recent report from the National Audit Office suggests that a huge number of businesses will default on the government backed loan scheme, costing the HMRC up to 26 billion. If you’re a business owner concerned about bounce backloan
WHAT’S THE CAPITAL DISTRIBUTION ON WINDING UP A COMPANY A capital distribution from a company is any money that’s paid from the company to its shareholders that is subject to capital gains tax and is not treated as income for income tax purposes. The majority of distributions made by a company are in the form of income distributions, such as dividend payments, and will be subject toincome tax
124 PINTS PER ADULT REQUIRED TO SAVE THE BRITISH PUB 124 Pints per Adult Required to Save the British Pub. With the latest estimates suggesting that the UK’s food and beverage industry lost at least £25.66 billion due to COVID-19, we wondered how much every person in the UK would need to spend in order to reach pre-pandemic levels. In particular, we wondered how far that money would go in pubs VOLUNTARY INSOLVENCY Voluntary insolvency is the term given to the process where you put your hands up and say “my company is no longer financially viable and I need help”. Perhaps pressured by forthcoming creditor action you make the decision to close down the beleaguered business and liquidate the debts. But firstly become clear of your financialsituation.
INSOLVENCIES WITHIN THE TECHNOLOGY SECTOR WHAT DOES COMPULSORY STRIKE OFF MEAN? The common reasons for a compulsory strike off notice are that some form of due protocol, expected by Companies House, has not been followed. This is covered in Section 1000 Companies Act 2006. The reasons include: If they have ‘reason to believe’ you’re not longer in business. If your company has no appointed directors. CAN HMRC CHASE A DISSOLVED COMPANY? Can HMRC Pursue a Dissolved Company? Even if you manage to successfully strike off a company with tax debts, HMRC will still be able to take action against the dissolved company to recover the money it is owed. In fact, HMRC would have no hesitation in pursuing the company as long as the level of tax liabilities made it worthwhile. CAN A COMPANY SECRETARY BE HELD PERSONALLY LIABLE FOR A company secretary may be held personally liable should the rules laid out in the Companies Act not be adhered to. Just as directors themselves might be held financially responsible for negligence, so too does the Companies Act make clear, in almost 100 of its sections,COMPANY DEBT
More About Us. Here at Company Debt, we provide UK directors with straightforward and confidential business debt advice tailored insolvency solutions and invoice finance, to help solve your company’s debt problems. Many businesses struggle to meet their financial obligations, including making tax WHAT HAPPENS IF YOU CAN'T PAY OR DEFAULT ON A BOUNCE BACK As of February 2021, the government also offers the option to: extend the loan term up to 10 years, at the same 2.5% rate if you’re struggling to make monthly repayments. have up to 3 x 6 month periods of interest-only repayments during the loan tenure. request a single 6 month payment holiday. WHAT HAPPENS IF YOU DEFAULT ON A BOUNCE BACK LOAN As part of our series on bounce back loans we cover the question of what happens if you default on your loan. A recent report from the National Audit Office suggests that a huge number of businesses will default on the government backed loan scheme, costing the HMRC up to 26 billion. If you’re a business owner concerned about bounce backloan
WHAT’S THE CAPITAL DISTRIBUTION ON WINDING UP A COMPANY A capital distribution from a company is any money that’s paid from the company to its shareholders that is subject to capital gains tax and is not treated as income for income tax purposes. The majority of distributions made by a company are in the form of income distributions, such as dividend payments, and will be subject toincome tax
124 PINTS PER ADULT REQUIRED TO SAVE THE BRITISH PUB 124 Pints per Adult Required to Save the British Pub. With the latest estimates suggesting that the UK’s food and beverage industry lost at least £25.66 billion due to COVID-19, we wondered how much every person in the UK would need to spend in order to reach pre-pandemic levels. In particular, we wondered how far that money would go in pubs VOLUNTARY INSOLVENCY Voluntary insolvency is the term given to the process where you put your hands up and say “my company is no longer financially viable and I need help”. Perhaps pressured by forthcoming creditor action you make the decision to close down the beleaguered business and liquidate the debts. But firstly become clear of your financialsituation.
INSOLVENCIES WITHIN THE TECHNOLOGY SECTOR WHAT DOES COMPULSORY STRIKE OFF MEAN? The common reasons for a compulsory strike off notice are that some form of due protocol, expected by Companies House, has not been followed. This is covered in Section 1000 Companies Act 2006. The reasons include: If they have ‘reason to believe’ you’re not longer in business. If your company has no appointed directors. CAN HMRC CHASE A DISSOLVED COMPANY? Can HMRC Pursue a Dissolved Company? Even if you manage to successfully strike off a company with tax debts, HMRC will still be able to take action against the dissolved company to recover the money it is owed. In fact, HMRC would have no hesitation in pursuing the company as long as the level of tax liabilities made it worthwhile. CAN A COMPANY SECRETARY BE HELD PERSONALLY LIABLE FOR A company secretary may be held personally liable should the rules laid out in the Companies Act not be adhered to. Just as directors themselves might be held financially responsible for negligence, so too does the Companies Act make clear, in almost 100 of its sections, 124 PINTS PER ADULT REQUIRED TO SAVE THE BRITISH PUB 124 Pints per Adult Required to Save the British Pub. With the latest estimates suggesting that the UK’s food and beverage industry lost at least £25.66 billion due to COVID-19, we wondered how much every person in the UK would need to spend in order to reach pre-pandemic levels. In particular, we wondered how far that money would go in pubs WHAT'S THE INSOLVENCY PROCESS? The first thing to realise is that insolvency is ultimately a legal process intended to help businesses with debt, and maximise returns for creditors. That said, it is also a way for directors of struggling companies to find respite from intensely stressful situations, and to close or rescue companies that have reached a critical juncture. HOW ARE HOTELS ADAPTING AND INNOVATING DURING COVID-19 In the UK, the situation is no better, with predicted occupancy rates falling from 75.4% in 2019 to 37.6% in 2020, before rising to 59.2% in 2021. Worse news still is that even with the successful roll-out of the Coronavirus vaccines, PwC forecasts that it could take four years for occupancy rates to return to pre-Covid-19 levels. Despite the WHAT ARE FIXED AND FLOATING CHARGES? A fixed charge applies to a specific identifiable asset, while a floating charge is dynamic in nature and generally applies to the whole of the company’s property. An asset covered by a fixed charge cannot be sold or transferred unless the charge holder agrees. A floating charge can be sold, transferred or disposed of until a pointwhen it
EFFECTS OF LIQUIDATION Effects on Directors. Once the company is in liquidation the directors hand over responsibility to the insolvency practitioner. Their powers cease and their principal action, from this point on, is to assist the liquidator with questions, including the creation of a Statement of Affairs document. Directors will have their actions in the period ARE SHAREHOLDERS LIABLE FOR COMPANY DEBTS? In a company limited by shares, the liability of the shareholders for company debts is limited to the capital originally invested in the business i.e. the nominal value of the shares they own. If a shareholder has not paid up the whole value of their shares then the company can call for all or the remaining share capital contributionto be paid.
HOW TO LEGALLY TAKE MONEY OUT OF A LIMITED COMPANY A Director’s Salary. The most familiar method of taking money out of a limited company is for the directors to pay themselves a salary. Company directors are employees of the business just like anyone else, so they will have to be registered with HMRC for PAYE and will also have to pay National Insurance Contributions on their earnings. STRIKING OFF A LIMITED COMPANY Striking Off a Limited Company: A Guide. Dissolving a company, also known as striking off, can be a simple, cost-effective way to close down a solvent company with no assets. Dissolving a company allows the directors to retain full control of the business throughout the process and, although creditors must be repaid before the closure,there is
CAN A DIRECTOR HAVE A CRIMINAL RECORD? Having a Criminal Record. Under The Company Directors Disqualification Act 1986 a director is classed as either “fit” or “unfit” to act as a director of a company. The definition of a “fit” director doesn’t exist, that said, there is a list of factors defining “unfitness”. Individuals who are not regarded “unfit” under DISSOLVING A BUSINESS PARTNERSHIP: WHAT ARE THE CORRECT An MVL is the best way to close either a limited company or a business partnership that is solvent and has assets. Once the partners signed a declaration of solvency confirming they can settle their debts within a 12 month period, an insolvency practitioner can formally the partnership into a members voluntary liquidation.* Articles
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HELPING UK BUSINESSES IMPACTED BYCOVID19
SIMPLE AND CONFIDENTIAL COMPANY DEBT ADVICE "I am confident that if I hadn't turned to them when I did, my business wouldn't be steadily recovering like it is today"HMRC THREATENING
LETTERS
Receiving threatening letters from HMRC and not knowing what the next steps are can be stressful. Find out your options and how to respond.CAN'T PAY VAT
Many companies struggle with VAT arrears and problems paying VAT on time and it is important to know how to properly manage thissituation.
WINDING UP PETITION
If you have recently received a winding up petition, this is the most serious threat against your limited company and you need to actswiftly.
PERSONAL GUARANTEE
Not knowing how to manage a personal guarantee can be a concern for directors. Find out how this can affect personal assets, such as thefamily home.
HMRC TAX ARREARS
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HMRC are assertive when targeting tax that is owed and this can be a stressful time if not handled professionally and with due-diligence.LIQUIDATION
Find out the most appropriate option when considering liquidation. We explain the difference between solvent and insolvent liquidation.COMPANY
VOLUNTARY ARRANGEMENT When faced with large company debts and creditors applying pressure, a company voluntary arrangement (CVA) may be a viable option to keep thebusiness trading.
GOING INTO ADMINISTRATION Administration helps to provide protection from increased creditor pressure and enables the company to assess how-best to return toprofitability.
CONFIDENTIAL BUSINESS DEBT ADVICE FOR INSOLVENT COMPANIES Here at Company Debt, we provide UK directors with straightforward and confidential business debt advice, tailored
insolvency solutions and invoice finance, to help solve your company’s debt problems. Many businesses struggle to meet their financial obligations, including making tax payments on time. Our skills have enabled us to rescue companies all over the UK including London and the South East, Manchester, Liverpool, Birmingham and more. If your company is insolvent or struggling with business debt and you need advice from a leading debt company, contact our confidential insolvency helpline to arrange a free consultation today. With decades of experience, our senior consultants will explain all of your options clearly in a free initial consultation. Whether you’re looking to rescue your business, deal swiftly with stressful creditor pressure, or secure an appropriate and tax efficient exit strategy, we’re hereto help.
CLIENTS` TESTIMONIALS __ Sacha Orso Manzonetta, GHM Group of companies The Company Debt team have been the most incredible and professional people that I have dealt with. It all happened after a night out when I found a Personal Liabity Notice on my door step, I was devastated my business… Read More The Company Debt team have been the most incredible and professional people that I have dealt with. It all happened after a night out when I found a Personal Liabity Notice on my door step, I was devastated my business had major financial problems, I lost millions and I drained all my money, and frankly my mind was all over the place for debts and collectors that I simply couldn’t face. It really felt like there was no way out and I was basically a finished man. Having paid lawyers, accountants and other organisations to help me, there was nothing they could do, nobody was willing to help and, out of desperation I called and left a message at about 1am. Out of my surprise I have received a phone call back the next morning, I was doubtful as many have taken my money and said goodbye, but this time it was different, Company Debt not only helped me to talk to the toughest HMRC department but also refereed me to a number of professionals who have helped me and contribute to sort out my situation, the best thing was that they were there for me, answering every text or phone call, support you and of course dealing with the problem and when you are in the situation that I was believe me the only thing you want is people who still see the good in you, I tried again and in one month I have rebuild my business because my confidence was back. I cannot thank enough Company Debt and all the people who helped me. A reference is not enough to express my satisfaction the only thing Iwould say is:
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__ Director, Construction Tooling Retailers, Suffolk “Our limited company had started to have financial difficulties so I decided to contact professionals to help me deal with the issues at that time. I had been put onto Mike Smith who has been excellent support from day one.… Read More “Our limited company had started to have financial difficulties so I decided to contact professionals to help me deal with the issues at that time. I had been put onto Mike Smith who has been excellent support from day one. I have been advised about rescue solutions for our company which I did look into. Unfortunately, our business is seasonal, and after few months our situation started to be critical, and after consulting with Mike, we have decided to liquidate the company. Mike has advised me in detail about the process and helped me to get in touch with liquidators and insolvency practitioners who have been taking over allimportant stuff.
As this was my first director experience, I didn’t know what to expect, and I was under extreme pressure. Mike and everyone who has been involved has given invaluable support, and without their help, this process would have been an absolute nightmare. If you ever get into a similar situation, I highly recommend getting in touch with Mike who will guide you through the “scary” but simple process and help to take a lot of pressure off Directors’shoulders.”
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__ Director, Energy Solutions Company, Milton Keynes “We had an unpaid VAT bill of £45K which was keeping us awake at night. With Mike’s help and direction, we negotiated a repayment schedule with HMRC. I would, however, advise any person/company seeking advice, that you be prepared to… Read More “We had an unpaid VAT bill of £45K which was keeping us awake at night. With Mike’s help and direction, we negotiated a repayment schedule with HMRC. I would, however, advise any person/company seeking advice, that you be prepared to be able to produce facts and figures and to simply ‘just get on with it’ and do it. Burying your head in the sand will not make HMRC go away. If you can demonstrate a genuine will to be given a ‘breathing space’, then give Mike a call. Every business has its ‘moments’, and we were no different. This is a genuine recommend. Thanks, Mike and all his team at Company Debt.”Close
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