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In this video, our Corporate Insolvency Specialist, Sam, discusses Directors’ Loan Accounts and what happens when a company goes into liquidation. Many directors are caught unaware by the fact that formal insolvency will see them pursued for Directors’ Loans. Watch this video to find out how to mitigate this risk.
Forgotten Guarantee – £570,000 Saved for Former Director
This client contacted Bell & Company after receiving a £680,000 demand linked to a personal guarantee she had signed years earlier—something she had entirely forgotten. She had briefly been a director of a company, later stepping away due to internal...
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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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