Is your business going into liquidation?
If it looks like your business could be approaching insolvency then there are certain duties and responsibilities placed on you as a director. Failure to meet these could result in a Disqualification order under the Company Directors Disqualification Act 1986 being issued against you.
Disqualification orders, which prevent individuals acting as directors or business managers for up to 15 years are on the rise. This can turn the insolvent company landscape into a complete minefield for you. Without clear and accurate direction you could become disqualified and personally liable for the company’s debts.
With the added pressure of creditors demanding payment this can be an extremely challenging time. McTear Williams & Wood is able to provide you with advice and guidance to minimise the risk that you might be disqualified from acting as a director of a company in the future.
How can we help you?
- Clear and accurate advice – to ensure you adopt a proper course of action to avoid being disqualified.
- Responsive service – we understand that business is an ongoing process and will always be able to answer your calls and questions in a fast and responsive manner, giving you the information you need to make the right decision.
- Past experience – although insolvency can be a difficult process at McTear Williams & Wood we have helped hundreds of directors keep within the law.
Tony Harrison
Director
- 01603 877641
- 07786 242344
- tonyharrison@mw-w.com
- Prospect House, Rouen Road, Norwich, NR1 1RE
Tony helps underperforming businesses using a professional and understanding approach and will listen to concerns on a without charge or commitment (on a confidential) basis and then advises on the available solutions.
With over 19 years of experience at McTear Williams & Wood Tony understands the challenges facing directors and managers of struggling companies and can provide assistance with first hand experience.
His strengths lie in an ability to rapidly understand situations and react to turn them to an advantage. Tony advocates an early confidential meeting as experience tells us that recovery options are often eroded over time.
Act now and avoid disqualification
If you are concerned it is vital you act now and work with an insolvency practitioner who understands how to navigate numerous pitfalls. By contacting McTear Williams & Wood you can safeguard yourself from being deemed as unfit to act as a director. Contact us now on 0800 331 7417
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