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HMRC’s changing approach to insolvency risk Whilst insolvency has always carried risks for those in control of a company there remained a broad assumption that any unpaid tax liabilities would
A phoenix company is a new company that carries on the business of a failed one, usually by buying the assets from the liquidator at market value so the viable
Administrators were brought in on 18 May 2026. Velocity Homes Limited has collapsed into administration seven years after the business first launched in November 2019. On 18 May they appointed
The company’s collapse comes amid rising energy costs, higher wages and growing strain across Britain’s construction industry. A London-based house builder has entered administration after seven years in business as
For many directors, the assumption is simple: if a company fails their personal liability ends with the business. In reality, that line is becoming increasingly blurred. We are seeing a
A Leighton Buzzard based flight simulator company is being forced to cease trading at the end of the month due to sustained financial losses. Fly A Flight, which is based
Family-run firms form the backbone of the UK economy, accounting for around 93% of all private sector businesses. These enterprises represent more than commercial ventures, as they reinvest profits back
When a company reaches the end of the road, liquidation may be the next step. But what does that actually involve? And why do businesses choose, or get forced, to
The company behind an independent school which closed suddenly earlier this year has begun liquidation. Brookes Education Group UK Ltd, which ran Brookes UK independent school in Risby, near Bury
The company behind an independent school which closed suddenly earlier this year has begun liquidation. Brookes Education Group UK Ltd which rans Brookes UK independent school in Risby, near Bury
We are witnessing a growing crisis within the charitable sector. Charities, once relied upon as a vital safety net for the vulnerable and underserved, are now facing their own fight
Assets belonging to Swallowtail Print are now up for auction, following the closure of the company in June. The Norfolk commercial printer registered as Swallowtail Print Limited and operating from