Dear All, I am at a complete loss of what to do. I have a company that has been running for 7 years now and we are perpetually swimming against the current. My business apparently makes a profit of about £25k/annum however we are always at the limit of the overdraft and the debts are now mounting. I moved accountants 14months ago and things have got worse since then. I have just been informed that my DLA account is now running at £60k (I used to get a quarterly warning with a dividend issued to clear this) I have the following company debts: £10k overdraft £6k credit cards £25k loan £5k to other suppliers I literally never have a pot to P**s in and not sure where the money is going or how its got to this point, I accept full responsibility for this. At this point I am thinking to just fold the company however, I have never done this before and not sure what I can do. I owe HMRC some money in past Tax credits of £5k hence the request to the accountant to see what my personal figures are with the company. The company has zero assets, the computer on an a lease agreement and thats it. Can anybody advise on what I should do?