We are all acutely aware that the UK is currently going through what some pundits say is a
recession but, hopefully, this will only be short lived.
However, some of our clients may find themselves experiencing difficulties during this period.
If this is the case, then we have a professional duty to bring to your attention the dangers that you, as
a Director(s), may face. Should the financial position of your business not improve in the short term, you
run the risk of wrongful trading and personal liability.
Therefore, we recommend that if you are concerned about your current financial situation, you
contact us as soon as possible in order that we can properly assess this for you and advise you in good
time of the action necessary.
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