DEBT RECOVERY – THE BASICS UNDER ENGLISH LAW

We are often contacted by those who have an issue with a significant debt owed to them - more often than not - arising from a business relationship. It's one of those areas of legal practice - where there isn't generally much 'law' at stake, and we fell that contacts/clients are best served (in large) [...]

By |2023-06-08T09:50:59+01:00January 31st, 2023|Uncategorized|Comments Off on DEBT RECOVERY – THE BASICS UNDER ENGLISH LAW

“BE CAREFUL OUT THERE” – THE FCA AUTHORISES SOME DUBIOUS BUSINESSES

https://suite.endole.co.uk/insight/company/08443946-crossflow-payment-solutions-trading-limited = This is the wholly insolvent "Crossflow Payment Solutions" - Incredibly, they are authorised and regulated by the U.K.'s Financial Conduct Authority (#FCA) in relation to their business. One will quite quickly realise that #CrosslowP are insolvent upon a balance sheet basis, and the circa GBP £5,000,000 insolvent position they are in - is [...]

By |2023-01-29T13:49:50+00:00January 28th, 2023|Uncategorized|Comments Off on “BE CAREFUL OUT THERE” – THE FCA AUTHORISES SOME DUBIOUS BUSINESSES

THE “ONE DAY DIDDLE” = SHORTENING OF AN ACCOUNTING REFERENCE PERIOD ACTUALLY ‘BUYS TIME’ TO DELAY PRODUCING STATUTORY ACCOUNTS

Whenever you see an accounting reference date shortened by a day (such as this example) - One should know that they are taking advantage of an ability (by shortening their accounting reference date – just before they are due to file accounts) - which results in the company involved having more time before they are [...]

By |2023-01-29T13:47:33+00:00January 28th, 2023|Uncategorized|Comments Off on THE “ONE DAY DIDDLE” = SHORTENING OF AN ACCOUNTING REFERENCE PERIOD ACTUALLY ‘BUYS TIME’ TO DELAY PRODUCING STATUTORY ACCOUNTS
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