If a company cannot pay it’s bills on time, as and when due, under the Insolvency Act 1986, technically your company is insolvent, or in a state of insolvency.

If the company owes a lot of money to creditors, and has insufficient assets to meet those debts, technically, the company is insolvent.

Insolvency laws are not rocket science.

In fact, they are fair and reasonable. They have evolved over the last 100 years or so, to strike a balance between encouraging risk trading ventures, to promote commerce and economic growth, and to protect traders and investors from dishonest dealings. They are not perfect, but nothing is. The old rules apply in the sense that if the company owes the bank a lot of money, it’s the banks problem, but if the company owe the bank a small amount, it is the company’s problem.


Innovations in all markets are occurring due to Mobile broadband devices that access web interfaces for information and applications. Companies are adapting to seize opportunities, evolving improved business models that take advantage of technology to create a strong competitive position. Rather than get left behind and face extinction. There is much debate about whether human evolution has halted due to medical science thwarting natural selection. Perhaps evolution has evolved, and we are seeing the convergence of technology, markets and society in new ways, where information is free, markets are transparent, and people are more connected and better informed. Time will tell, it is still early days in the tech-evolution theory department. We are all pioneers, some more than others, pushing to create new ways of doing things, to improve on the status quo. [/column_2_thirds]

Survival of the Fittest

The Insolvency system is where the market economy and natural selection collide – the gales of creative destruction, where survival of the fittest is the only rule, and innovations from competitors a constant threat to survival.

InsolvencyDirect is one such evolution

An evolution to a new, better way of doing things, taking advantage of our systems to liquidate a company online, legally, with no fuss. It makes sense. You form a company online, so you should be able to liquidate one too.

Now you can.

This is new, we are unique, our systems have taken a decade of development, to provide our clients with a standard of service that is a revolution as regards the insolvency profession, most of whom are using legacy systems and technology, and operating business models that require high overheads and consequently, high fees. We offer a better service and a better price, because of the efficiencies and productivity of our web based platform. We have Ten years of actual experience building an insolvency system on a desktop windows platform, for Findlay James Chartered Accountants who are our in-house Licensed Insolvency Practitioners. We have evolved, by migrating our desktop systems that were mainly office based, and accessed only by internal staff members, to a web based system that is anywhere based, and can be accessed by our clients and other stakeholders, such as creditors of our clients. You don’t need to visit our offices to liquidate your company, you place your company directly into liquidation and appoint Findlay James as the Liquidators, our system is failsafe, you cannot go wrong.

It is easy, simple, and secure.