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In this video, we look at the Bounce Back Loan Scheme (BBLS) and its impact on directors. Despite what many think, these loans can have serious consequences for businesses and directors personally. Watch to find out everything you need to know if you are struggling with a BBL.
Can HMRC Close Down Your Company Due to Unpaid Taxes?
As a director of a limited company, one of your core responsibilities is to ensure the company meets its tax obligations. If your business falls behind on its tax payments, HMRC (HM Revenue & Customs) has the power to take...
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Hospitality Owner Secures 66% Debt Reduction
When a hospitality business went into voluntary liquidation, the owner was left personally exposed to a £150,000 personal guarantee. With bankruptcy looming and no realistic way to repay the full amount, he turned to Bell & Company for expert support....
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Business Debt Turned Personal
In business, the lines between company and personal finances can often become dangerously blurred—especially for directors and entrepreneurs who are heavily invested in their ventures. One couple recently faced this reality in the most challenging of ways. Following the administration...
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