Guidance

Director information hub: Consequences of company insolvency

Companies become insolvent for a variety of reasons. What happens next will depend on the individual circumstances involved.

• From: The Insolvency Service
• Published: 7 July 2023
• Last updated: 17 July 2026
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  1. 17 July 2026

     Link removed for ‘Debts and insolvent companies - Where to get help’ as it's been moved to another areas.

  2. 13 May 2026

     Added 'Director information hub'; to title. Moved feedback content tot foot of page to tidy it up.

  3. 25 September 2025

     New link added.

  4. 24 April 2024

     New section added - HMRC joint and several liability notices.

  5. 7 July 2023

     First published.

Consequences for directors

What can happen to a director if a company is insolvent.

Disqualification: the insolvent investigation process

Understanding the process when the Insolvency Service investigates your conduct as director of an insolvent company.

HMRC joint and several liability notices

HMRC action to deal with tax avoidance matters.

Antecedent transactions

Information about transactions during administration or liquidation.

Go back to the director information hub homepage.

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