Are CVA’s coming of age

March 14, 2019

Particularly for the retail and hospitality sectors, the last year or so has been pretty bleak.  Big names like Toys R Us, Maplins and Poundworld all disappeared from the high street, whilst a long list of others, including Prezzo, Carluccio’s, Marks & Spencer. Mothercare and New Look have shrunk.

Read more

A director is a director

July 14, 2016

It’s quite common for individuals running companies to appoint their spouses or partners as directors of their company, even though there is no intention that the spouse or partner should take any active role in the company’s management. Apart from anything else, there may be sound tax mitigation reasons for doing so.

Read more

Brexit: A personal perspective

July 4, 2016

Well, well. Who’d have thought it? The nation has had its say and it seems we want out of the EU. So what are the consequences for UK businesses? In the short term we are inevitably faced with a period of uncertainty.

Read more

So are you a director?

June 21, 2016

Who are the directors of a company? At first sight that’s a pretty straightforward question to answer. Surely, you simply look at the company’s records at Companies House and there you’ll have it. But it’s not quite that easy. The law defines a director as “any person who holds the position of director, by whatever name called”.

Read more

Bad debt: a fact of business life

June 3, 2016

Even companies with the most rigorous credit control procedures run the risk of incurring a bad debt should a customer fail. For smaller companies, incurring a significant bad debt can result in the end of the business itself.

Read more