Directors of troubled Thames Valley and Wiltshire companies struggling to repay Covid loans may be ‘sleepwalking’ into director disqualification if they don’t take the right advice at the right time.
The warning comes from Mike Pavitt, council member for the Southern and Thames Valley Region of R3, the UK’s insolvency and restructuring trade body.
He said: “Covid-related loan repayment difficulties have not gone away, especially with new tax burdens anticipated in the Spring, and nor, it seems, has the Insolvency Service’s appetite for pursuing director disqualifications…
