Government support withdrawal – are businesses ready?

The end of this month will see the end of some of the Government Support Schemes, particularly the end of the restrictions on issuing winding up petitions which was introduced to protect companies from creditor action during the pandemic and landlords will be given the green light to issue eviction notices.

The Furlough Scheme will continue until the end of September and this may well be the final nail in the coffin for many businesses which have been unable to trade during the last 18 months.

For more information on bankruptcy, liquidation, administration and all the other insolvency procedures, or to take advantage of our free consultation and business health check, please telephone Stella Flemmings on 01377 257788 and she will make you an appointment with one of our insolvency professionals at our Driffield, Hull, Grimsby, Scunthorpe or York offices.  Meetings can be held virtually or in any of our offices whilst observing the socially distancing guidelines.

Because we are an independent insolvency practice, we keep our overheads low and have put systems in place to deal with simple liquidations at an affordable price of from £1,995 + VAT + Disbursements.  Our MVLs are from £995 + VAT + Disbursements.

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