Insolvency articles

MVL Returned Capital

Posted on March 27, 2019 by Jeremy Frost

And now for the good news…

Despite Brexit, global warming and the war on terror, Frost Group has continued in its never-ending quest of returning capital to hard working business owners whose circumstances have changed.

With 2018 over we can now report that we distributed £17m to shareholders, arising from businesses as diverse as accounting, property development and marketing professionals, as well as the ubiquitous IT contractors.

For 2019 we have already identified over £5m of monies to be returned, as our plans to top the £30m mark for the year are certainly on track.

We continue to attract good feedback, particularly from those who, despite instructing other providers, usually at their accountant’s behest, now actually want the job done in a timely and cost effective manner.

So, my question is simple. Do you want to help your clients get their hard earned money back and us return £30m of capital during 2019? Our fixed fee charges have not changed, however, small charges have been placed up us in terms of advertising.

For more details, visit the website on https://frostgroup.co.uk/members-voluntary-liquidation

We look forward to working with you.

Trading Whilst Insolvent

Posted on August 04, 2015 by Patrick Wadsted

Cases involving the disqualification of directors for trading whilst insolvent are something like a bus. One never comes for ages and then two come at the same time.

What can I do if my business is behind with VAT and PAYE payments

Posted on May 12, 2015 by Patrick Wadsted, Licensed Insolvency Practitioner

Benjamin Franklin has been quoted as saying “In this world nothing can be said to be certain, except death and taxes”. Nothing can be more true if your company does not pay the tax that it owes to HMRC. It will eventually die. However the death of the company is often avoidable if proper professional advice is taken early enough.

The Administration and CVA of AFC Bournemouth

Posted on May 12, 2015 by Frost Group Limited

Darlington away, 3 January 2009. Not my first away game as an AFC Bournemouth fan (far from it!), but it seems like the most appropriate place to start this modern day football fairy tale, which is as much about Eddie Howe as it is about the Club itself.

In a failing business - what if you change a dividend to a salary ?

Posted on May 05, 2015 by Steve Bicknell, Business Advisor

Steve Bicknell, Business Advisor examines what could happen when faced with a failing company and an unethical accountant - he looks at the case of Richard and Julie Jones v HMRC [2014] UKFTT 1082 (5 December 2014).