

Small Business
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.
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