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Does your partnership need help with debt, if so consider a Partnership Administration Order
Finance:Credit - By Steve Thatcher, 95 views
A Partnership Administration Order is similar in some ways to Administration for a limited company. It is a rescue vehicle often used by larger partnerships such as accountants, solicitors and architects. Many of these are now trading as limited liability companies, but many partnerships do still exist. For those running out of cash it is certainly something to consider.

Company Insolvency - what to look for if you think you might be insolvent
Business:Management - By Steve Thatcher, 108 views
Many companies in the UK are struggling, many may wonder if they are insolvent. Here I show a few pointers as to what to look for.

Voluntary Liquidation - a brief guide.
Finance - By Steve Thatcher, 77 views
If you think that your company is in trouble then you may need to speak to someone who is able to advise you on the effects of voluntary liquidation. It is often also called creditors voluntary liquidation or CVL, as it involves the creditors, at a meeting, voting that the company should go into liquidation.

A guidde to company insolvency procedures
Business - By Steve Thatcher, 82 views
Corporate winding up is the term sometimes given to the liquidation of a limited company, although it may equally apply to a partnership. Any town in the UK will have experts in winding up companies where the need demands, although they should look at every opportunity to save a business if at all possible.

A Guide to the Voluntary Liquidation procedure
Finance:Credit - By Steve Thatcher, 104 views
The creditors voluntary liquidation is the most popular mechanism for closing down a company that is insolvent. The latest insolvency statistics for the fourth quarter of 2008, published by the Insolvency Service shows that over 3,000 companies took the option of closing their doors this way. To put that into some kind of perspective, that was a 62% rise on the same period in 2007, which dramatically illustrates the down turn in the economy.