Home
Budget Analysis Webinar: Find out how the budget will impact you

Latest News

By Lindsey Cooper

19th November 2024

Landlords: what can you do when your corporate tenant becomes insolvent?

If property you own is occupied by a corporate tenant who enters into an insolvency process, there may be restrictions on the way you can recover debts and minimise future losses.

Read this post

By Armstrong Watson

16th October 2024

Armstrong Watson makes key appointment welcoming new Restructuring and Insolvency partner

Armstrong Watson is delighted to announce the appointment of experienced Restructuring and Insolvency partner Lindsey Cooper.

Read this post

By Whitney Whitfield

14th August 2024

Retention of title clauses: supplier protection for unpaid goods

If your business supplies goods, there is always a risk that you will not get paid. By default, once you sell goods they belong to the customer, whether or not they have paid for them, and the customer owes you the purchase price. But what if your customer refuses to pay or becomes insolvent. This is where the existence of a retention of title (ROT) clause is vital.

Read this post

By Armstrong Watson

18th July 2024

Armstrong Watson becomes first UK accounting firm to join Institute of Customer Service

Armstrong Watson is is aiming to be recognised as  “the best financial advisory firm to deal with, delivering the best client experience in the UK" and has become the first accounting firm to join The Institute of Customer Service

Read this post

By Whitney Whitfield

18th July 2024

What are the risks for a company director signing a personal guarantee?

When a personal guarantee is given by a director it means that that person can become personally liable for the company’s debts if the company cannot meet its obligations. How can a director can protect themselves from personal guarantee risks? 

Read this post

By Armstrong Watson

9th July 2024

How to close down an insolvent charity

As many charities are faced with increased costs and reduced income, trustees must be vigilant in ensuring that their organisation is in a sound financial position to achieve its goals. If this is not the case, there are steps that should be taken to minimise damage to all interested parties.

Read this post
charity-challenges

By Ann Probert

18th June 2024

3 challenges facing charities in 2024 and how to address them

Increased operating costs, increased legal obligations and cyber security threats are amongst the variety of challenges currently facing charities and those in the not for profit sector.

Read this post

By Ed Connell

28th May 2024

Changes to redundancy payment claims for directors

When a company enters an insolvency procedure, often the only positive outcome for directors and shareholders is if they can receive compensation for unpaid wages, holiday pay, pay in lieu of notice and redundancy, however, the Redundancy Payments Service has changed its stance on directors' claims. 

Read this post

By Ed Connell

21st May 2024

What is a pre-pack administration and would it be appropriate for my company?

The administration process is designed to protect a company from creditor pressure, in order for a licensed insolvency practitioner to consider whether it is possible to achieve a better return for creditors than would be likely if the company were to be wound up.

Read this post

By Whitney Whitfield

26th March 2024

Steps to take when a law firm cannot avoid insolvency

Several issues can lead to a law firm’s financial instability, and in some cases, actions can be taken to improve performance. However, sometimes a firm’s debt is just too large to make survival possible. What are the next steps? 

Read this post

Enquiry Form

All content © 2020 Armstrong Watson. All Rights Reserved. Website by Simon Pighills.

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.