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Contact Middleton Partners - Licensed Insolvency Practitioners

Directors Responsibilities

The two Golden Rules

  • You must take charge of the situation before someone else does (the difference between the two is enormous). Seek advice and have a clear plan of action, possibly with different strategies for different circumstances.
  • You must be able to justify your actions, taking into account the long-term consequences of your actions.

    • If you would like advice on any of the following issues,
    in the first instance please call Mark Smillie on 0845 061 6000.

    Wrongful trading (continuing to trade whilst the company is insolvent)

    How do I know if my company is solvent or not?

    Preference (preferring one creditor above another, particularly a related party)

    What are my duties and responsibilities as a company director?


    Please feel free to contact our sponsored company helpline if you have any questions.

    Middleton Parnters