Impending insolvency can be clear as day but the formal insolvency proceedings can cause a little more uncertainty.
We take a practical and commercial approach to resolving your issues. Please contact Dutton Gregory Solicitors if your company is financially distressed and you require some assistance.
Insolvent building firm 'was credit risk for over a year' The Cuddy Group has not filed accounts with Companies House since 2016 so a more recent picture of the family firm's financial position had not been clear until now. The directors of the firm also took dividends out of the company in 2013/4 and 2014/5 despite it making a loss but did not take anything out in 2015/6 when it made a profit.
