As well as the resources listed below, you might also want to look at the pages on this site related to legal issues and stress and depression.

As a Director of a limited company you have a legal obligation to ensure your company finances are in order.  If you allow a company to trade when it is insolvent and there is no prospect that its financial condition will improve, you may be personally at risk.  Additionally, if the company goes into liquidation, administration or administrative receivership, the administrator, receiver or liquidator will review your actions when submitting their report to the Department of Trade & Industry.  This may result in you being prohibited from being a Company Director for a period of between 2 and 15 years.

Where can I get advice?

• Business Link
  
  Government advice to businesses on a wide range of issues - includes a tool for assessing the health of your business.
  
  
• Business Debt Line
  
  Free confidential helpline for small businesses run by the Money Advice Trust. 
  Download booklet: Dealing With Small Business Debts 
  Tel: 0800 197 6026
  
  
• UK Insolvency Helpline
  
  Dowload factsheet: How To Deal With Business Debt