When is it time to throw in the towel?

When is it time to throw in the towel?

In an ideal world, perhaps businesses would never need to deal with an Insolvency Practitioner (IP). One common misconception is that IPs simply help to close businesses that go bust or run out of money. This is by no means always the case, since options exist for...
May 2023 Newsletter: One swallow doesn’t make a summer

May 2023 Newsletter: One swallow doesn’t make a summer

Optimism is generally a good quality when running a business. It fosters positive energy and a can-do approach, without which success is much more difficult. Nonetheless a healthy dose of realism can be a useful balance, not least when assessing the financial health...
Heavy is the head that wears the crown

Heavy is the head that wears the crown

Less than a year ago, at the time of the late Queen’s Platinum Jubilee, we published an article posing the question “Would the Queen make a good CEO?” When this weekend’s coronation is over, her son, King Charles III, will have (symbolically, at least) taken the reins...
Insolvency storm clouds are gathering

Insolvency storm clouds are gathering

Spring may be well underway, but the chill wind is picking up and the sky is darkening for many businesses. Company insolvency figures for March now appear to reflect more fully the economic woes facing the UK and the many cost pressures felt by enterprises of all...