Simple Liquidation blog

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...

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...

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...