TruSolv

05/06/2026

This week, Matt and Gordon headed out to Hockley Golf Club for the Clear Vision Charity Golf Day, raising funds for The Knights Foundation.

Making up the TruSolv team were Tim Cole and Phil Antrobus.

Sadly, no prizes were won as the rain truly dampened spirits and the team didn't complete the full round of 18 holes. 😆

More importantly, a significant amount of money was raised for charity.

The team are hoping for better weather for The Rose Road Association Charity Golf Day in a few weeks!

03/06/2026

We've never heard a company director say that running a business wasn't stressful. There's a lot of responsibility on their shoulders. All of that is amplified when things aren't going to plan.

We appreciate that there is a stigma associated with speaking with an insolvency practitioner. People assume speaking with an IP means the company has failed and is over. In reality, speaking with an IP can identify some positive solutions.

We believe that speaking to an IP when a company is in financial difficulty can help reduce stress. Here's how:

✅ 1. Acknowledging the situation.

We wish we had the opportunity to speak to every company director as soon as the warning signs started to appear, but that isn't always the case. Naturally, the directors put effort into trying to resolve the cash flow issues themselves, and sometimes that goes on for too long. Some company directors ignore all the warning signs until it's too late. By speaking with someone external to the business, they can alleviate some stress because they're not continuing to ignore the problems. They've actually taken a step forward in resolving them.

✅ 2. Speaking to someone with qualified experience.

Asking questions and getting factual answers based on the company's situation means directors can start to make decisions. Directors aren't stuck with ambiguity. More importantly, they aren't getting the wrong advice from well-meaning supporters that could lead to a more troublesome outcome.

✅ 3. Understanding the options available.

By speaking with an IP about the company, the directors will be able to get advice and fully understand the options that could be available. The longer they put off seeking professional advice, the fewer options there are left to explore. This is why it's so important to speak with an IP as soon as those warning signs start to appear.

📞 0808 196 8676
📩 [email protected]

27/05/2026

Why it's important to use a licenced Insolvency Practitioner when your company is insolvent.

As with any professional service, there will be unqualified advisors circulating to take advantage when you’re in a vulnerable position. These types of advisors could leave you exposed to further legal action and significantly more stress. You need to seek advice from qualified professionals. Here’s why we believe you should contact TruSolv if your company is insolvent:

✅ We're licenced, qualified and regulated.

Our team of Insolvency Practitioners are licenced and regulated in the UK by the Institute of Chartered Accountants in England and Wales (ICAEW). This means they’ve been externally qualified to provide such advice and their competencies are regularly reviewed.

✅ Realistic and fair.

Some advisors will focus on directing you to a limited choice of options, or they’ll simply tell you what you want to hear, so you’ll work with them. Our recommendations to you will always result in what’s best long term. We understand the sensitivity to the situation, but it’s our job to be realistic and fair.

✅ Decades of experience.

Our Insolvency Practitioners have been working with company directors facing insolvency for over thirty years. We’ve advised businesses of all shapes and sizes from a variety of sectors. Many of our team also have practical experience of running businesses themselves – we can sympathise with what’s happened. We’re trusted time and time again by other professionals to help their clients who are facing insolvency and manage the situation to the best possible outcome.

Here's how to contact us:
➡️ Call 0808 196 8676
➡️ Email [email protected]
➡️ Visit www.trusolv.co.uk and download our free guide for business owners.

25/05/2026

The monthly company insolvency statistics for April 2026 have been released.

Registered company insolvencies are 2% higher in April compared to March, and 3% higher than April 2025.

When we look closer at the company insolvencies for April 2026, there are higher numbers of CVLs and compulsory liquidations but lower numbers of administrations, compared to March 2026. It's important to note that the statistics for March and April 2026 were affected by more than 100 connected companies in the Real Estate sector entering administration in March 2026 and 73 companies in the Real Estate sector entering administration in April 2026.

Scroll across to see the breakdown of the 2,085 company insolvencies last month.

📞 0808 196 8676
📨 [email protected]

22/05/2026

The World Cup isn’t going to magically resolve the external pressures this hospitality sector is facing, but it could be an opportunity landing at the right time.

Those businesses that have a full understanding of their financial health before the World Cup, who lean on their professional advisors for guidance, and plan for a variety of scenarios, and the ones that stand to make the most of this seasonal trading.

We explain more in our latest blog. https://trusolv.co.uk/fifa-world-cup-2026-how-hospitality-businesses-should-be-preparing/

18/05/2026

How time flies... It's been four years since we rebranded to TruSolv!

In that time, we've continued helping companies get on with the vital business of restructuring, refocusing and recovering. Our team is still among the most qualified and experienced in the UK.

We’re local, independent and understand that each situation is unique. Our solutions are always tailor-made to match the specific requirements of each client.

Whenever you need us, here's how to get in touch:

➡️ Call 0808 196 8676
➡️ Visit our website www.trusolv.co.uk, where you'll find our latest advice guides

06/05/2026

Last week we held another top padel event at PadelStars UK Southampton.

16 players in total. It was great to have several playing for the first time.

We played a series of drills followed by a round robin competition, rounded of nicely with some networking and a chat outside in the sun over pizza and drinks.

Thanks to everyone who joined us!

Thanks to James and Sam from PadelStars for doing a great job with some coaching and running the event.

Looking forward to the next one after the summer! Let Matt Hoy, Gary Hodgson or Sam Jones know if you'd like to join us.

17/04/2026

Football fans and business owners in the hospitality sector haven’t got long to wait. The FIFA World Cup isn’t far away, kicking off on Thursday 11 June in Mexico. As well as making sure venues are prepared for those busy five weeks (fully stocked and fully staffed), we want to highlight that this is the ideal time for company directors to review the financial health of the business.

This World Cup, with group games scheduled for late evening, is a perfect opportunity to boost summer trading BUT without the right planning, the additional income could be offset by the additional costs of staffing the late nights and high taxes.

Our latest article explains the planning and forecasting that hospitality businesses should be doing now, to help them make the most of the World Cup.

https://trusolv.co.uk/fifa-world-cup-2026-how-hospitality-businesses-should-be-preparing/

We explore how trade from the FIFA World Cup 2026 can boost UK hospitality businesses and help them plan for the second half of the year.

15/04/2026

The phased increase of the Business Asset Disposal Relief (BADR) rate has completed, and as of 6 April 2026, business owners will pay 18% tax on qualifying disposals.

Naturally, we've seen the motivation of business owners to take advantage of the previous rates of 10% and 14% reflected in the number of MVLs instructed over recent years. In 2024, we dealt with 75% more solvent liquidations than in 2023. MVL enquiries slowed down in 2025 but they were still significantly higher than in 2023.

The predictions for 2026 and beyond?

Understandably, we expect fewer MVL enquiries through the door. It's a topic of conversation in the office. Has the incentive of entrepreneurship been lost? Will we see BADR rates fall back to what they once were? Time will tell.

What are your thoughts?

02/04/2026

HMRC is one of the most common business creditors with tens of thousands of companies grappling with VAT payment issues every year. This does not, however, mean that HMRC are anything less than energetic when it comes to pursuing VAT monies it has determined it is owed.

We work with scores of UK companies who need help managing their VAT payment issues, and we can do the same for you if you've fallen into this situation.

📞 Pick up the phone today or use the call-back option on our website for a call at a time that's convenient to you.

👍 Use our expertise to get back on track with your VAT bills.