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Welcome to Armstrong Watson

By Mike Kienlen

21st April 2023

Changes to the Leeds R&I team

Armstrong Watson has seen four new team members join the Leeds Restructuring and Insolvency team, expanding on their expertise.

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By Ann Probert

15th February 2023

When is the right time to wind-up your business?

Company insolvencies in England and Wales reached a 13-year high in 2022. This was 57% more than in 2021 and was largely driven by record numbers of Creditor Voluntary Liquidations (CVLs), accounting for 85% of all company insolvencies last year.

 

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By Elaine Wilcox

9th February 2023

Tough times for estate agents

Despite UK house prices stabilising at the start of 2023 – after significant monthly falls in November and December last year -  estate agents are continuing to face challenges.

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By Daryl Warwick

27th January 2023

5 tips to prepare your business for the challenges of inflation

2023 looks as though it is going to be another year of high inflation. The Office for Budget Responsibility (OBR), which advises the government on its economic plans, forecasts that the Consumer Price Index (CPI) inflation for 2023 as a whole will be 7.4%, down from 9.1% in 2022, but far from the Bank of England’s target of 2%.

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By Elaine Wilcox

27th October 2022

Improving Income Streams in the Hospitality Industry

In a trading environment which is becoming increasingly more challenging, it is important that hospitality business owners maximise their income in the periods that they are open.

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hospitality-business-closed

By Elaine Wilcox

24th October 2022

A Perfect Storm for the Hospitality Industry

Hotel, restaurant and public house owners are currently looking hard at their profit and loss accounts.  In these testing times, without adequate working capital, owners must look to their balance sheets for options that will allow them to trade.

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By Mike Kienlen

22nd September 2022

Could now be the time to cease trading and extract funds from your business?

Many owners are having sleepless nights worrying that all the funds that have been earned in the past may be lost in this period of high inflation and huge energy costs.

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Insolvency - how it effects employees

By Elaine Wilcox

21st September 2022

If my employer becomes insolvent how will this affect me as an employee?

We are living in very uncertain times. Probably the biggest current threat to companies is the increase in energy charges. Even with newly announced government support, it is difficult to see how many businesses will survive if their energy bill increases significantly and insufficient further government support is given. As an employee how will this impact you?

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By Daryl Warwick

19th August 2022

My Company is in financial difficulties – How can I protect my employees?

High levels of inflation are causing many problems for business owners. Statistics from the Insolvency Service show insolvencies hit 1,827 in July, 67% higher than in 2021. A growing number of directors seemingly believe current economic conditions make survival impossible.

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Business man ready creditor debt letters

By David Hush

19th July 2022

How to deal with pressing creditors

David Hush from our National Creditor Services team provides his advice about what you should do if you are facing pressure from Creditors looking to reclaim owed debts.

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Armstrong Watson LLP is a limited liability partnership registered in England and Wales, number OC415608. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU where a list of members is kept. Armstrong Watson LLP is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. Unless otherwise indicated, either expressly or by the context, we use the word “partner” to describe a member of Armstrong Watson LLP or an employee of Armstrong Watson LLP in their capacity as such.

Armstrong Watson Audit Limited is registered to carry out audit work in the UK by the Institute of Chartered Accountants in England and Wales. Registered as a limited company in England and Wales, number 8800970. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU. Armstrong Watson Audit is a trading style of Armstrong Watson Audit Limited.

Armstrong Watson Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. Firm reference number 542122. Registered as a limited company in England and Wales, number 7208672. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU. Armstrong Watson Financial Planning & Wealth Management is a trading style of Armstrong Watson Financial Planning Limited. Armstrong Watson Trustees Limited is a limited company registered in England and Wales, number 84495656. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU.

MyRetirement is a trading style of Armstrong Watson Financial Planning Limited.

Armstrong Watson is a trading style of Armstrong Watson LLP, Armstrong Watson Audit Limited and Armstrong Watson Financial Planning Limited.