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Business Continuity Plan in the United Kingdom

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Running a business is rarely smooth sailing. From economic challenges to supply chain disruptions, unexpected situations can quickly test your company’s resilience. That is why having a Business Continuity Plan (BCP) is essential for any business in the United Kingdom. It is not just about protecting your company during a crisis, but also ensuring you can recover quickly and continue trading with minimal disruption. At Simple Liquidation, we understand that many directors face difficult decisions when financial pressures mount. While we specialise in helping businesses through liquidation, we also encourage directors to plan ahead and protect their operations wherever possible. A strong continuity plan can sometimes be the difference between recovery and closure. What is a Business Continuity Plan? A Business Continuity Plan is a structured document that outlines how a company will continue its critical functions during and after an unexpected event. This might include anything from I...
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How to Avoid Partnering with Risky Businesses in the UK

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Doing business always involves some degree of trust. Whether you are supplying goods on credit, entering a joint venture, or outsourcing a service, you rely on the other party to deliver on their commitments. In the UK’s current economic climate, where corporate insolvencies remain at historic highs, that trust has never been more important. Partnering with the risky business can quickly lead to unpaid invoices, disrupted operations, and even financial instability for your own company. For directors, the challenge is clear: how do you avoid risky business relationships without losing opportunities? This article explores the warning signs, due diligence strategies, and practical steps directors can take to protect themselves. It also highlights how the right professional advice, including from insolvency experts like Simple Liquidation, can safeguard your company from unnecessary exposure. UK company insolvencies have been climbing steadily in recent years. In July 2025 alone, more than...
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Location: United Kingdom
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Construction and Hospitality Insolvency in 2025

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The UK economy in 2025 has been testing businesses across almost every sector, but two industries stand out as bearing the heaviest weight: construction and hospitality. Both employ hundreds of thousands of people, support regional economies, and act as lifelines for local communities. Yet both are finding themselves among the hardest hit when it comes to company insolvencies this year. Simple Liquidation has been monitoring these developments closely. As insolvency practitioners with decades of experience, we know that behind every statistic lies a story of directors struggling to keep things going under unprecedented pressures. This blog explores why construction and hospitality insolvencies remain so high in 2025, what the drivers are, and most importantly, what company directors can do if they feel their own business may be heading down a similar path. Insolvency data published this summer showed construction continues to be the most affected sector, accounting for around 17% of al...
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Location: London, UK
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River Island’s Restructuring: Lessons for Retail Facing Insolvency

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At Simple Liquidation, we see many well-known businesses reach a crossroads, a moment when decisive action is needed to protect jobs, preserve value, and prevent a full collapse. The recent restructuring of River Island is one such example. The high street fashion retailer, famous for its trendy styles and long history, has just secured approval for a rescue plan that will save over 4,000 jobs. But the cost is significant: 33 stores will close immediately, more than 1,000 jobs remain at risk, and a further 70 sites may shut in the future. While River Island will live to fight another day, the case carries important lessons for any retail business navigating the turbulent waters of UK high street trading. River Island’s restructuring didn’t happen overnight. Like many high street brands, the company faced a sharp rise in the cost of doing business, from increased wages to soaring energy bills. Add to that the shift in consumer behaviour with more shoppers heading online and fewer visiti...
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Location: United Kingdom
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Britain’s Insolvency Landscape – 50,000 Companies on the Brink

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Latest reports show that almost 50,000 companies are now on the verge of collapse, struggling under the combined weight of tax hikes, inflation, and ongoing economic instability. For many directors, these challenges aren’t abstract statistics; they’re the daily reality of running a business right now. At Simple Liquidation, we’ve seen firsthand how quickly financial strain can escalate when cash flow tightens and costs keep rising. If your company is one of the many feeling the pressure, now is the time to understand your options and take control before the situation worsens. This highlights three major forces pushing businesses towards insolvency: Higher Taxes – Recent changes to corporation tax, dividend taxation, and business rates have increased the financial burden on companies. For businesses already running on tight margins, even a small percentage rise in tax can tip the balance from profit to loss. Persistent Inflation – While the headline inflation rate has eased from its pea...
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Location: United Kingdom
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Thames Water’s Crisis Management: What Insolvency Preparation Can Teach Us

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Thames Water has been making headlines for all the wrong reasons. With an estimated £4 billion debt burden and failed attempts to secure new funding, the UK’s largest water supplier has been teetering on the brink of insolvency. In a proactive move, the government has appointed insolvency specialists to prepare for the possibility of a Special Administration Regime: a rare and serious step designed to keep critical services running if the company collapses. While Thames Water’s challenges are unique in scale and public impact, the way the crisis is being handled offers valuable lessons for directors of all companies. At Simple Liquidation, we believe that understanding these principles could be the difference between a smooth transition and a chaotic collapse. The Scale of the Thames Water Problem Thames Water provides essential services to millions of homes and businesses. A sudden collapse would not only risk jobs and shareholder value but could also disrupt a vital public utility. T...
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Location: United Kingdom
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Tax Policy Drives Entrepreneurial Liquidations

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If you’ve been following UK business news over the last year, you’ll know there’s been a remarkable rise in voluntary liquidations, the highest we’ve seen since the pandemic. While insolvency statistics often climb during periods of economic stress, this latest spike isn’t purely down to businesses struggling. This time, tax policy is a big part of the story. Specifically, changes to Capital Gains Tax reliefs have prompted many directors, especially those with profitable, solvent companies, to act sooner rather than later. Here at Simple Liquidation, we’ve been speaking to more entrepreneurs than ever who are keen to close down now, not because they have to, but because it makes financial sense to do so before new rules bite. The Link Between CGT Relief and Voluntary Liquidations Capital Gains Tax applies when you sell or dispose of certain assets, including shares in your own company. For years, UK entrepreneurs have been able to benefit from Business Asset Disposal Relief (previously...
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Location: Norwich, UK
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