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A Guide to Winding up Petitions

Posted on October 18, 2012

A Winding up Petition (WUP) is a serious and very real threat from an unpaid creditor. It is likely that you have been unable to pay a creditor on time and they have lost trust in you and your business, forcing them to take action.

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Recent Articles

Finding a Way out of an Insolvency Crisis

Finding a Way out of an Insolvency Crisis

Posted on June 26, 2014

No matter how you may look at it, insolvency is a messy ordeal. The moment when a business venture enters the phase when it isn’t capable of paying its own debts marks the start of a nightmare scenario. It doesn’t matter whether the business is a partnership, a single trader or even a company; the […]

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Unlocking cash from assets

Unlocking cash from assets

Posted on May 30, 2014

Every business is bound to go through a rough patch at one time or the other but it is important to get help before things get out of hand. Business rescue comes in many forms to provide solutions for the different problems that plague a firm whether big or small. Business Recovery Services has specialists […]

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Pre Pack Administration Could Save Your Business

Pre Pack Administration Could Save Your Business

Posted on April 28, 2014

There are many circumstances where a business can be profitable, but find itself insolvent. These are usually unforeseeable circumstances, such as a catastrophic loss of stock, look of a key customer or key staff. In these circumstances it can often be difficult to rescue the business from the current financial difficulties without major action, and […]

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Rejuvenation or Bust: deciding the future of your business

Rejuvenation or Bust: deciding the future of your business

Posted on April 22, 2014

In the early days of a fledgling business, it can be hard to imagine how your business can grow; whether or not you can maintain your current staff team or how you can increase profits or equity. Alternatively, it may be that you have a long standing business that has recently hit hard times. Rejuvenation […]

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