Business Advice

An overdrawn director’s loan account occurs when directors owe money to the company. Learn what it means, how it’s recovered, and what to do if you can’t pay.

Insolvency Truths: Debunking 10 Myths That Could Stop You Making the Right Decision

Clarifying common misconceptions about insolvency and liquidation

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Parker Walsh is the trading name of Parker Walsh Corporate Recovery Limited, incorporated and registered in England and Wales under Company Registration Number: 13430485 and VAT number 387732845.
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Please note that Molly Monks is licensed to act as an Insolvency Practitioner in the UK by the Insolvency Practitioners Association and bound by the Insolvency Code of Ethics. Where the affairs, business and property of the Company are being managed by Molly Monks as an Administrator, please note that she does so as agent for the Company and without personal liability.
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Business Advice

What is an Overdrawn Director’s Loan Account (ODLA)?

Insolvency Truths: Debunking 10 Myths That Could Stop You Making the Right Decision

Get in touch with us on 0161 546 8143 or request a callback