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Bell & Company Personal Guarantee Specialists

Navigating Personal Guarantees: Mitigating Director’s Risks in Business Loans

In a recent article, the Financial Times highlighted that the Financial Conduct Authority (FCA) announced its investigation into banks’ practices of requiring personal guarantees from directors of small businesses. This response comes following a ‘super-complaint’ by the Federation of Small…

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Article

Insolvency News UK: Tough Times For SME’s

While recent reports bring a sigh of relief with inflation hitting a two-year low at 3.4%, the journey through economic turbulence is far from over. The falling inflation rates, albeit a positive sign, mask the underlying challenges many businesses face…

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Answering Prospective Clients’ Biggest Concerns

Confronting the spectre of insolvency can be daunting, as it threatens the future of your business and your personal finances. Bell & Company specialises in overcoming these concerns by developing and executing bespoke debt resolution strategies for our clients. Our…

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Statutory Demands and Winding Up Petitions

Statutory Demands and Winding Up Petitions: What’s The Difference?

In the current financial landscape of the UK, business owners often encounter challenging scenarios, particularly when dealing with debts. An increasing number of businesses are facing significant financial challenges, primarily due to accumulating arrears with HMRC and energy providers. These…

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Business debt

2024 Business Debt Trends and Predictions

Last year presented significant challenges for businesses as we moved beyond the pandemic and adjusted to the withdrawal of government support measures. Alongside this transition, we began to witness the unfolding effects of Brexit on businesses, compounded by the volatility…

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Article

Managing Commercial Energy Debt

In the current economic climate, UK small and medium-sized enterprises (SMEs) face an evolving energy debt crisis, significantly driven by escalating energy costs. This crisis, largely fuelled by global market fluctuations, especially in fossil fuel prices, and geopolitical tensions impacting…

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Article
Friendly liquidator

The Misconceptions of a ‘Friendly Liquidator’

In the complex world of company liquidation, the term ‘Friendly Liquidator’ often appears, suggesting a smooth and director-friendly liquidation process. But what exactly is a ‘Friendly Liquidator’, and how does this concept align with the realities of liquidation? This article…

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Insolvency news

Insolvency News: Worst Year For Business Since 2009

A recent article on insolvency news from the BBC outlined the number of businesses facing financial distress is on the rise, echoing trends last seen during the depths of the 2009 financial crisis. This trend has particularly affected industries such…

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Article
Sole Trader Insolvency

Navigating Sole Trader Insolvency: How to Protect Your Business

A recent report from City A.M. reveals an alarming statistic: nearly half a million UK sole traders are on the verge of bankruptcy. As a sole trader, it’s essential to understand the challenges you may face and how to safeguard…

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Article
illegal dividends

Illegal Dividends Explained: Protecting Directors

Life can throw unexpected financial challenges our way, and for business owners in the UK facing financial difficulties, these situations can be overwhelming. One such challenge that requires careful consideration is illegal dividends, also known as unlawful dividends. Directors need…

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Article
Fixed Charge Receiver

Fixed Charge Receiver Appointed?

A Fixed Charge Receiver (FCR) is a pivotal figure in the context of a company facing financial distress. When a company enters receivership, a Fixed Charge Receiver is appointed to take control of specific assets that have been pledged as…

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personal guarantee director resigns

Personal Guarantee: What if a Director Resigns?

Are you concerned about your personal guarantee exposure as a company director? We understand that this can be a source of uncertainty, particularly when you’re facing cash-flow challenges or struggling to meet your creditors. In this blog post, we’ll address…

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