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About Janet Mayo

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So far Janet Mayo has created 33 blog entries.

Five Indicators of Financial Distress

In navigating the intricate landscape of business finance, recognising early warning signs of financial distress is paramount for proactive management. The following five tests serve as crucial indicators, signalling potential challenges that require swift attention. From overdue payments and legal entanglements to cash flow struggles and balance sheet examinations, these markers provide a comprehensive overview of a company's financial health. Timely recognition and remedial actions based on these tests can often prevent further complications and foster a healthier financial trajectory for businesses of all sizes. Overdue Payments and Legal Notices The business has either received a Statutory Demand or County [...]

2024-02-19T00:32:00+00:00February 8th, 2024|Advice, Company news, Uncategorized, Updates|

Meet the team – Andrew Bland

Andrew is a Chartered Accountant and Insolvency Practitioner. Having trained as a Chartered Accountant at a small local firm, qualifying in 1986, he moved to the Corporate Recovery and Insolvency department at Ernst & Young's Manchester office. In 1999, he successfully completed the Joint Insolvency Examinations and became a Licensed Insolvency Practitioner. Following this, Andrew went into industry, concentrating on companies listed on the Alternative Investment Market, initially at a vehicle telematics company and latterly at a market leading personal insolvency business where he became the Group Operations and Finance Director. In 2004, Andrew returned to public practice and set [...]

2024-02-05T23:21:33+00:00February 6th, 2024|Uncategorized|

Protect Your Business: Identifying Scam Emails from HMRC

In the digital age, small businesses are increasingly reliant on electronic communication, making them susceptible to scams, especially those impersonating reputable entities like HMRC. Scammers often use sophisticated tactics to trick unsuspecting individuals, and small businesses can be particularly vulnerable. One common approach is through fraudulent emails, where cybercriminals pose as HMRC officials. Here's how small businesses can spot scam emails and protect themselves from falling victim to fraudulent activities. Check the Sender's Email Address Legitimate HMRC communications will always come from an official domain. Be wary of email addresses that don't end in "gov.uk." Scammers often use similar-looking addresses [...]

2024-02-12T13:04:46+00:00February 1st, 2024|Uncategorized|
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