Balancing the accounts is a ceaseless melee; money coming in - with that that’s going out (and at the very last moment where possible!). A toil for every company but for the most part, one that’s managed. Allowing cash flow to sustain and…
It’s not uncommon for a company to suffer creditor pressure. Colluding conditions of late customer payments, declining markets, lack of finance and more, sometimes form to make the perfect cash flow storm. The key to surviving said credito…
When there are unexpected cash flow problems, falling behind on payments to HMRC is easy to do. Corporation Tax, VAT or PAYE payments will often play second fiddle to the immediate expenditures of suppliers, wages, rent and utilities. A po…
As Christmas approaches it seems a good time to remember the humble beginnings of the Insolvent Debtors Act 1813 and how life has improved since. Envisage if you will, the early Victorian period of ‘A Christmas Carol’ by Charles Dickens. A…