Important: This website provides general information for directors of companies registered in England and Wales. Different laws and procedures apply in Scotland and Northern Ireland.
Choose a starting point
What kind of problem are you dealing with?
You do not need to know the insolvency terminology. Start with the area that feels closest to your situation.
Deadlines, demands and enforcement
HMRC and creditor pressure
Work out what kind of pressure the company is facing, what may be time-critical and which information to gather before making promises.
Explore this topic →Guarantees, drawings and conduct
Personal risk for directors
Separate company debt from possible personal exposure and understand which documents, transactions and decisions may matter.
Explore this topic →Understanding the available routes
Rescue, closure and next steps
Consider whether the underlying business may be viable, how control can be preserved and what formal or informal routes may be available.
Explore this topic →