If your business is unable to repay its debts, it could be insolvent.
Closing a business can be a complicated and emotional time, but insolvent trading laws means directors should understand their options and make a decision as soon as possible. Seeking advice from insolvency professionals can make the process easier, help you stay fully compliant with the law throughout the process, and help you avoid unwanted surprises.
You can find the key options for insolvent businesses facing closure via the podcast.
