Tag: Liquidation

How to Stave Off Insolvency

Insolvency is something businesses of all sizes are vulnerable to as we have witnessed in recent years. Once a business gets into financial difficulty, then things tend to take on a momentum that is difficult to stop as the slide towards insolvency continues. Sometimes a business can be brought back from the brink if owners…




Is it the Beginning of the End for Homebase

Retailers Homebase have just become the latest major store chain to face the threat of extinction only to be saved from administration by a company voluntary arrangement (CVA) which has for now been agreed with creditors.   Given the fate of many large household retail chains in the past decade it would be easy to assume…




Advantages Of Letting A Failing Business Go

If you have put your heart and soul into a business it is never an easy decision to just let it go into into liquidation. Sometimes, however, simply letting go can help you move on to something better and a lot let stressful. Here are some reasons why liquidation can sometimes be the better option  …




Rescue Or Liquidation? How To Decide What Is Best For Your Business

If your business gets into financial difficulty then you will only have two options, try to save it or allow it to go into liquidation. So how do you decide which option is the right one?   The route you decide to go down depends a lot on the circumstances surrounding the financial difficulties you find…




Liquidation – What Choices Do You Have?

When it comes to company liquidation you will have two choices, voluntary or involuntary. The latter points towards a lack of control over the process and essentially this will be the case during proceedings.    So the reality is your choices are limited to some extent and whether one or the other applies to your company…




Why Liquidation Doesn’t Always Mean The End Of Your Business

Liquidation, it’s a word most business owners dare not think about let alone contemplate but having your business go into liquidation doesn’t always mean the end of everything you hoped to achieve. While there are many steps before a business is closed, liquidation means there is no going back for a company as its assets…




When Liquidation Marks The End of The Road

Much has been written about the sad loss of BHS,  one of the UK high street’s most recognisable stores but only now has the final nail been hammered into the coffin. While you would be forgiven for thinking that BHS met its end months ago, the company had been in administration while a better deal…