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”.

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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.

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A sale is not a sale until it’s paid for

May 31, 2016

Cash flow is the lifeblood of any business. That’s why it’s absolutely crucial to collect debts due from customers for goods or services sold on credit. Indeed it has been estimated that late payment is a major factor in at least 1 in 5 business failures.

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Don’t let your business waste away

October 9, 2015

A company providing a service analysing the composition of waste for local authorities across the UK, and the government’s waste and recycling agency, has ceased trading and gone into liquidation. Paul Harding and Graham Down, of tri group, have been appointed as Joint Liquidators.

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The price of NOT taking care

August 9, 2015

Many of us remember the revulsion that we felt in 2011 when watching the BBC’s Panorama undercover investigation into the private hospital in South Gloucestershire known as Winterbourne View.

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The Summer Budget: A Prescription for Business Failures?

July 15, 2015

George Osborne’s Summer Budget was not great news for businesses. Certainly there was some good news – reduced corporation tax, increased income tax allowances, raising the higher rate of income tax threshold and the increase in the national insurance employment allowance are all to be welcomed.

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Eco Paint Manufacturer in Liquidation

July 11, 2015

Natural Paint Limited, a manufacturer of eco-friendly paint, has been placed into liquidation by its shareholders. Graham Down, of tri group, has been appointed as Liquidator to handle the winding-up.

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