How to Restore a Dissolved Company There are several reasons you may want to restore a dissolved company. You might be a company director who has lost company assets to the Crown via a compulsory strike-off or you may simply

What Is a Compulsory Strike Off? Compulsory strike-off is where Companies House forcibly strikes a company off the register, ceasing its existence as a legal trading entity. The process might seem appealing to those who are already looking to close

What Are the Duties of Wilko's Administrators? With the recent reports and discussions regarding the administration of Wilko, we look in this article at the duties of an administrator as set out in statute and case law. Contents What Is

Should I Strike Off or Liquidate My Company? There's many reasons a director could be looking to close down their company; you may want to retire, the market could have dried up, or you might just want to do something

Can I Reuse My Company Name After Liquidation? Reusing a company name is sometimes possible, but only under select circumstances. This is a result of phoenix companies, businesses which close and reopen under the same or a similar name in

What Is Fraudulent Trading? Fraudulent trading is a criminal offence outlined in the Insolvency Act 1986. It serves as a more severe form of wrongful trading, which is a civil offence. Section 213 states that fraudulent trading occurs when a director

What Is a County Court Judgment (CCJ)? A County Court Judgment - or CCJ - is a court order that can be filed against you when you fail to repay your creditors. A CCJ serves as a kind of official recognition

What Is Business Asset Disposal Relief? Business Asset Disposal Relief (BADR) - previously known as Entrepreneurs Relief - is a type of tax relief that can be applied to Capital Gains Tax. It is available to those selling all or

I’m a Sole Trader and Can’t Pay My Bounce Back Loan Bounce Back Loans (BBLs) once offered much-needed respite for businesses across the UK. Now, they've transformed into a source of worry for many.This is especially true in the case

What Happens to Employees When a Company Goes into Administration? In this article we'll be exploring what happens to employees when a company goes into administration, explaining redundancy packages and employee rightsCompany administration has three main outcomes:the business may placed into