Construction Insolvency: Early Warning Signs and Preventive Measures for Subcontractors Introduction: The Vulnerable Position of Subcontractors in the UK Construction Industry The UK construction industry continues to face unprecedented challenges, with insolvency rates reaching alarming levels. According to the latest figures from the Insolvency Service, construction firms accounted for 16.3% of all insolvencies in England [...]
Hotels and Hospitality Business Liquidation Advice: Navigating Closures Effectively Financial Challenges for Hotels and Hospitality Businesses Impact of the COVID-19 Pandemic The hospitality sector has faced unprecedented difficulties due to the COVID-19 pandemic. Many hotels and hospitality businesses have struggled to stay afloat amidst lockdowns, travel restrictions, and reduced consumer confidence. The brief trading window [...]
"My pub needs to go into liquidation" Pub Liquidation: An Overview Expert Guidance for Pub Proprietors If your pub is facing financial difficulties, seeking professional advice is crucial. A licensed insolvency practitioner can assess your situation and provide tailored guidance. They'll explain your legal obligations to creditors and help you navigate the complex landscape of [...]
Liquidation Advice for Festivals and Live Music Companies: Navigating Financial Challenges in the Events Industry Winding Up Your Music Festival or Live Performance Enterprise Experimental Gatherings and the Government's Research Initiative The government's programme for researching live events has allowed some companies to plan with more confidence. However, not all businesses have been chosen to [...]
Pre-Pack Liquidation and Administration: A Complete Guide for UK Businesses - Navigating Corporate Recovery Options in 2025 Understanding Pre-Pack Solutions In Insolvency Pre-pack solutions offer UK businesses a structured approach to handle insolvency while preserving value and maintaining operations. These solutions enable the sale of business assets to be arranged before formal proceedings begin. A [...]
How to Strike Off a Company in the UK: A Complete Guide to Dissolving Your Business As a licensed insolvency practitioner, Anderson Brookes guides companies through the process of striking off, or dissolving, a business in the UK. This article provides a comprehensive guide on how to strike off a company, detailing the necessary steps [...]
What Happens to Company Debts if I Place the Business in Liquidation? When you decide to place your company into liquidation, it's crucial to understand what happens to your business debts. As a director, you benefit from limited liability, meaning the company, not you personally, is responsible for most debts. This separation protects you from [...]
How to Notify Creditors About a Company Strike Off: Essential Steps for Legal Compliance In this article we discuss the requirements to notify creditors when striking off a company. This guidance will ensure you stay compliance and take the right route with your business. At Anderson Brookes we are debt specialists and licensed insolvency practitioners. [...]
Insolvency, Liquidation & Bankruptcy Terms: The Ultimate UK Glossary At Anderson Brookes, we understand that the insolvency, liquidation, and bankruptcy market can seem complicated. As a licensed insolvency practitioner with over 15 years of experience, our mission is to provide clarity, guidance, and support to individuals and business directors struggling with debt. We have created [...]