EPISODE · Nov 11, 2025 · 7 MIN
What to Do When Your Company Is Insolvent
from For Finances Sake (FFS) · host Rachael Chadwick-Harrison
This week on the FFS Podcast, we’re tackling a topic most directors would rather avoid. If cashflow has dried up, creditors are circling, and the company can’t pay what it owes, this is your calm, straight-talking guide to what happens next. We’ll walk through your real-world options, from doing nothing (and why that’s the worst plan), to compulsory liquidation, creditors’ voluntary liquidation, strike-off routes, director redundancy and working with a proper insolvency practitioner, so you can stop panicking, start planning, and exit responsibly if you need to.
What this episode covers
This week on the FFS Podcast, we’re tackling a topic most directors would rather avoid. If cashflow has dried up, creditors are circling, and the company can’t pay what it owes, this is your calm, straight-talking guide to what happens next. We’ll walk through your real-world options, from doing nothing (and why that’s the worst plan), to compulsory liquidation, creditors’ voluntary liquidation, strike-off routes, director redundancy and working with a proper insolvency practitioner, so you can stop panicking, start planning, and exit responsibly if you need to.
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What to Do When Your Company Is Insolvent
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