Solvency & Liquidity Test

 

Coming soon...

 

Section 4 of Companies Act 2008 requires that every company must be both solvent and liquid at all times.

Genesis' Solvency and Liquidity Test (S&L Test) Calculator computes the Solvency Element and the Liquidity Element to confirm that the company meets the Going Concern Test of section 22 of the Companies Act and that the directors are not personally liable for trading under insolvent conditions.