https://www.out-law.com/topics/financial-services/restructuring/corporate-insolvency-the-basics/doesn't say much, what trouble are you referring to??
Doesn't seem good...A company is considered to be insolvent under English law if it is unable to pay its debts. There are two tests for corporate insolvency:
the cash-flow test: is the company currently, or will it in the future, be unable to pay its debts as and when they fall due for payment?
the balance sheet test: is the value of the company's assets less than the amount of its liabilities, taking into account as-yet uncertain and future liabilities?
When I drove my savage long ago I never broke anything major. I'm almost done completing my truck now to get back to driving it and will be stocking up on a few parts to be safe, but I don't see a reason to not drive it.I really hated to see this. I hope they are able to pull though. The savages were one of my favorite platforms but I ended up selling both of mine. I would love to own some hpi's again if they can get the company going again.