Improving cash flow to turn around your company
How can I turn around my limited company when cash flow is poor? Inadequate cash flow often leads to insolvency in numerous limited companies. Recognising the reasons behind the negative cash situation is vital for reversing your company’s decline and guiding it towards profitability. Two pivotal tests exist to ascertain a company’s solvency (or insolvency). […]
Can’t afford staff auto-enrolment company pension costs
Advice for employers struggling to afford auto-enrolment pension contributions If your company can’t cover auto-enrolment pension contributions due to limited working capital and poor cash flow, consider seeking insolvency advice. This can help you avoid enforcement actions from The Pensions Regulator and ensure compliance with your auto-enrolment duties. Enforcement actions may involve a statutory notice, […]