DCA’s Festive Fundraiser!

DCA’S FESTIVE FUNDRAISER! DCA Business Recovery is holding this years Christmas event on 14th December, 4.00 – 7.00 pm, at our office at 18 Clarence Road, Southend on Sea. We are pleased to be raising money for Havens Hospices as part of their ’12 Days Of Christmas’ campaign, so we promise that in return for…

Interest Rate Increase

The news we all knew was coming, but most feared, was confirmed yesterday when for the first time in more than 10 years, the Bank of England raised interest rates. This means that the official bank rate has been lifted from 0.25% to 0.5%, which is the first increase since July 2007. Adding to the…

Macmillan Coffee Morning!

DCA hosted a coffee and cake morning in aid of  Macmillan Cancer charity today. A grand total of £274 has been raised so far, with donations still coming in! Thank you to everyone who attended and to those who donated, we and the charity really appreciate your support and kind donations.

How Do I Know If My Company Is Insolvent?

Is My Company Insolvent? The Cashflow Test Can the company pay its debts as they fall due for payment? For example, if your trade creditors sell to you on say 30 days terms and you regularly pay on 60 days, then your company could be insolvent. A director has a legal responsibility to the company…

What is a Statutory Demand?

What is a Statutory Demand? A Statutory Demand is a formal demand for payment which is sent by a creditor either as a scare tactic or a pre-requisite to wind up a company (Corporate) or to make someone bankrupt (Personal). The form allows for the period of 21 days from the demand being served to…

New Office!

DCA Business Recovery have now moved offices and are now located at 18 Clarence Road, Southend on Sea, Essex, SS1 1AN. The move will allow the business to continue to grow and for us to provide a more complete service with multiple board rooms and other office space to utilise when meetings are being held.…

Voluntary vs Compulsory Liquidation

Running a business can be very rewarding but also hard work and requires a lot of effort and commitment from the directors of the Company to keep the business alive. The directors should always be aware of their obligations to the Company and should decide to seek financial advice as soon as possible if they…