When is a company insolvent?

A company is insolvent if its assets are insufficient to discharge its debts and liabilities. Often, an insolvent company: Is unable to pay its debts as they fall due (cash-flow insolvency). Has liabilities in excess of its assets (balance-sheet insolvency).   What are the options in respect of an insolvent company? Administration In administration, a company … Continue reading When is a company insolvent?