Are you working for a company that you believe is struggling financially? Or perhaps youve been waiting for an invoice to be paid for a long time. Alternatively, you may be trying to ascertain your own companys situation and whether or not its insolvent.
Thankfully, there are numerous insolvency practitioners out there such as Hudson Weir Insolvency Practitioners who offer advice and help to the directors of struggling companies.
Here aresome steps you can take to determine another companys circumstances or your own as well as gauge the severity.
How to Find Out if a Company is Insolvent
Information on any insolvency can be found by browsing the Individual Insolvency Register online.
On the insolvency register, youll find:
- The add…
Read the full article at: https://theedinburghreporter.co.uk/2021/05/what-is-the-company-insolvency-register/