– Business Debt Advice –

Specialists in Business
Turnaround and Insolvency

We are one of the UK’s leading independent corporate rescue and recovery specialists.

We assist businesses with their restructuring, recovery and rescue.

We can also help with the closure of your business if that is the only available solution.

Why Choose Company Focus?

The best advice – every time

We are always happy to go that extra mile and take ownership of your legal and financial issues.

Our clients come from all types and sizes of business - and all benefit from the same balanced and fair approach.

Our services come without jargon. We are open, honest and helpful.

We lend a friendly ear and provide professional advice on your financial issues.

Bounce Back Loans and Liquidations

Can I liquidate my company if it has taken out a Bounce Back Loan?

In short yes. Businesses may still find trading difficult during or after this turbulent period, even with the extra funds from the loan. Recovery may not be realistic so liquidation and closure is the most suitable course of action.

What happens to the loan in liquidation?

In the event of a company being liquidated, the bounce back loan turns into unsecured debt.

Can I be held liable for an unpaid bounce back loan?

Not usually. In the event of a company being liquidated, any personal guarantees signed by a director means that director remains liable for the debt.

Directors however, generally are not liable for an unpaid bounce back loan because they usually 100% guaranteed by the Government and not by the director.

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The Bounce Back Loan Scheme allows eligible businesses to borrow upto £50,000 to cover expenses to protect customers and staff, and to recover from the difficulties caused by Coronavirus.

Our Senior Team

Our experience is extensive, so we are able to combine a range of services into one convenient package

  • Natelie
    Anthony Fisher
    Managing Director &
    Insolvency Practitioner
  • Natelie
    Emma Fisher
    Financial Director
  • Gary
    Gary Birchall
    Insolvency Practitioner &
    Insolvency Director
  • Wayne
    Wayne Mackenzie
    Supervisory Manager
  • Joanne
    Jane Hardy
    Insolvency Practitioner
  • Anne
    Anne Ledwith
    Senior Insolvency
  • Katherine
    Kathryn Valentine
    Senior Insolvency
  • Graham
    Graham Cordiner
    Insolvency Manager
  • John Rudd
    Jon Rudd
    Corporate Advisor
  • John Rudd
    Martin Jeffery
    Corporate Advisor

Company Focus Guides

Tips and information about dealing with business debts

Winding Up Petitions

A winding up petition should be taken very seriously as a court order to place a business into compulsory liquidation follows.

Winding-up petition by HMRC

HMRC Winding-Up Petition

HMRC has a statutory requirement to maximise tax revenue, however is a it is not in their remit to shut down companies without considering proposals for a compromise.

Bailiff Overview

A bailiff is a person that, with the authority of a court order, will arrive at your place of business collect overdue debts.

Who Pays For A Company Liquidation?

Liquidation fees can be paid from company assets, from director’s personal funds or sometimes, from redundancy payments.

Voluntary Liquidation – What You Need To Know

A Company Voluntary liquidation (CVL) is a formal method of closing down insolvent business

Paying Back Bounce Back Loans

What happens if I can’t repay? Do I have to pay this back myself if the Company cannot?

When You Shouldn’t Try To Dissolve Your Company

If your company has debts that you are struggling to pay then you need to take the advice of a qualified professional before going down this route.

Strike Off Application Or Creditors Voluntary Liquidation?

Liquidation and Strike Off applications are two processes for closing a business. Understanding them helps achieve a smooth closure.

Investigating Directors Of Dissolved Companies.

As of May 2021, Insolvency Service has powers to investigate directors of companies that have been dissolved.

Extension of Government business support – Update June 2021

Restrictions on statutory demands and winding up petitions will remain until 30 September 2021

Is My Company Insolvent?

There are three insolvency tests to establish if your company is insolvent.