Some big news has just hit the UK renewable energy sector – Ripple Energy has entered administration. If the name rings a bell, it’s likely because Ripple Energy was the company that gave everyday people the chance to invest in wind and solar farms to power their homes with clean, green energy. It was an […]
Ripple Energy Goes Bust: What It Means for You and the Future of Renewable Energy Read More »
Personal guarantees and director liabilities in insolvent contracts are issues that many directors must face at some point. The insolvency of a company can create significant challenges, and understanding the personal liabilities that directors may face is essential in navigating these situations. This blog post will explore personal guarantees, how they relate to director liabilities
Personal Guarantees and Director Liabilities in Insolvent Contracts Read More »
Insolvency can have significant legal and financial implications for businesses and individuals involved in lease agreements and property contracts. When a tenant, landlord, or property owner becomes insolvent, it can create uncertainty, disrupt agreements, and lead to legal disputes. Understanding how insolvency affects lease agreements and property contracts is essential for both landlords and tenants
Impact of Insolvency on Lease Agreements and Property Contracts Read More »
Quiz Clothing, a prominent UK fashion retailer renowned for its stylish occasion wear, has faced significant challenges in recent years. The company’s journey has been difficult, from financial downturns to restructuring efforts. This blog delves into the current state of Quiz Clothing, the factors contributing to its struggles, and the potential paths forward. The rise
Will Quiz Clothing Survive? Exploring the Future of the Struggling Retailer Read More »
Company insolvency is a challenging event that affects not only the business itself but also its employees, particularly concerning their pension schemes and benefits. Understanding the implications of insolvency on these aspects is important for employers and UK employees. When a company becomes insolvent, its financial struggles can have various consequences for its workforce. Employees
Impact of Company Insolvency on Pension Schemes and Employee Benefits Read More »
When a business in the UK reaches the end of its life cycle, the terms ‘liquidation’ and ‘dissolution’ are often used, though they represent two distinct processes. Both are means of closing down a company, but they differ in the procedure, the legal implications, and the timing involved. Understanding these differences is essential for business
Differences Between Liquidation and Dissolution in the UK Read More »
The introduction of the IR35 reforms has significantly impacted limited company contractors in the UK. Many contractors are now reconsidering their operating structures as working through a limited company is no longer as tax-efficient as it once was. If you’re an IR35 limited company contractor facing this dilemma, it’s essential to understand your closure options
Closure Options for IR35 Limited Company Contractors in the UK Read More »
If you have recently received a first Gazette notice for strike off, it’s essential to understand the significance of this notice and how it could affect your business. A first Gazette notice is a legal notification issued by Companies House in the UK, announcing the intention to remove a company from the official register. The
What Does a First Gazette Notice for Strike Off Mean for Your Business? Read More »
Closing a limited company in the UK requires careful planning to maintain compliance with legal obligations and to minimise tax liabilities. While it’s impossible to entirely avoid taxes, selecting the appropriate closure method can help you close a limited company without paying excessive tax. By understanding the available options, you can make sure the process
How to Close a Limited Company Without Paying Tax in 2025? Read More »
When a business enters into liquidation, the responsibilities of its directors can often become overwhelming. One of the most important concerns is ensuring they can access redundancy pay, particularly if they’ve been made redundant due to the company’s closure. Insolvency practitioners (IPs) play a key role in this process, guiding directors through the complexities of
Role of Insolvency Practitioners in Helping Directors Claim Redundancy Read More »
