As the previous restrictions preventing any creditor from presenting a winding up petition to the court expired on 30 September 2021, new legislation has now been put in place, in a further effort to reduce the number of companies being wound up by the...
In its broadest term, cash management refers to the collection and redistribution of a company’s finances.
Cash management is an important strategy for any business owner; taking proper control of a company’s finances will help to fund the day-to-day running of the business, prevent outstanding debts mounting up, and reduce the risk of insolvency.
Stephensons is a leading business law firm, with many years’ experience of advising business owners on cash management practices, helping them to properly manage their company’s finances, and stave off the threat of insolvency in struggling organisations.
For expert, impartial advice about the best cash management practices for business owners, from a team with years of legal experience, get in touch with Stephensons, by calling 01616 966 229.