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Monthly Archives: May 2013




23 May
2013


Posted in
General news

Should directors be worried about Fraudulent Trading?

Last week I talked about Wrongful Trading. In a nutshell Wrongful Trading is where the directors should have known better than to just let the business carry on getting worse and do nothing about it. Fraudulent Trading is where the directors carried on a business with the specific intent of defrauding creditors. It is not […]

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16 May
2013


Posted in
General news

Wrongful Trading – Definition and Your Options Explained

There has been a current trend to set up in business as a limited company to save tax but going back beyond the noughties it was a means of protecting the directors and shareholders. It allowed them to take the risk of commercial trading and have limited liability. However rules are in place under the […]

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