Safe Harbour

The Safe Harbour regime was introduced in September 2017. Safe Harbour provides directors scope to develop a strategy that is reasonably likely to provide a better outcome for the company than the immediate appointment of an administrator or liquidator. Safe Harbour protects directors from insolvent trading liability arising from debts incurred whilst developing and implementing this course of action. Wexted Advisors are one of the leading providers of Safe Harbour advisory services, in particular to Boards of publicly listed and significant private companies.