Middlebrooks

A company can be financially distressed while its underlying business remains viable. The important question is whether there is something worth saving — and a realistic way to save it. #Insolvency

What's scarier than Halloween? 🎃 A pile of unopened creditor letters. If your company is facing legal action, don't wait and hope the problem disappears. Understand your options.

Statutory demands. Winding-up petitions. Compulsory liquidation. Familiar terms to insolvency practitioners. Frightening words to many company directors. Our job is to explain what they mean, not make them scarier.

A creditor is threatening legal action against your company. Don't ignore the letter. Understand the debt, the deadline and your options. Early advice can make a significant difference. #Insolvency

When a client tells their accountant they can't pay HMRC, suppliers or wages, early insolvency advice may preserve options that disappear later. The earlier the conversation, the more useful it can be.

Double celebration at Middlebrooks! 🏆 We've been shortlisted for Boutique Insolvency Firm of the Year at the 2026 TRI Awards, while Katie McLachlan is shortlisted for Next Gen Leader. A proud moment for our team! #TRIAwards #Middlebrooks

Sometimes insolvency practitioners are better at telling directors what they CAN'T do than explaining what they CAN do. Good advice should provide clarity, not more fear.

Your company can't pay everyone. What do you do first? Don't make major financial decisions based on who is shouting the loudest. Understand the position. Get advice. Protect your options. #Insolvency

Being busy isn't the same as being financially healthy. If your company is constantly choosing which bills to pay, it's time to understand why. #BusinessRecovery

Directors shouldn't need to understand insolvency law before asking an insolvency practitioner for help. Explaining the complicated bits is our job.

A company can be busy, profitable on paper and still run out of cash. If HMRC and suppliers are being paid late, don't ignore the warning signs. Early advice can preserve options. #Insolvency

Limited company ≠ every liability is automatically limited. If you’ve personally guaranteed company borrowing, understand the position before the company reaches crisis point.

“I think I signed a personal guarantee.” One sentence that can change an insolvency conversation very quickly. Don’t guess. Find the document. Understand the exposure.

Most directors signed their personal guarantees when the business was growing — not when it was failing. Context matters. So does understanding exactly what you signed.

A personal guarantee shouldn’t be the reason a director avoids insolvency advice. It should be one of the reasons they take it early.

Employees of an insolvent company may be able to claim redundancy, unpaid wages, holiday and notice pay, subject to eligibility and statutory limits. Directors should understand this before, not after, closure.

Behind every redundancy is a person. And behind many insolvencies is a director who has spent months trying to avoid making that decision. That's why early advice matters.

Speaking to an insolvency practitioner does not mean deciding to liquidate your company. It means understanding the options before the options disappear.

The first question many directors ask us when their company is struggling isn't “what happens to me?” It's “what happens to my staff?” Insolvency is never just a balance sheet. #Insolvency

What are the latest insolvency statistics telling us? 📊 At Middlebrooks, we want to bring more transparency to insolvency — explaining not just the numbers, but what they mean for businesses, directors and advisers. #Insolvency #Middlebrooks