We are a very small business (Ltd Co) and have been operating at a loss for a year now. As directors we have been supporting the company with our own money to keep it going and to protect employees jobs. However, we have now run out of funds and although we are still trying to generate new business, we are in a position that if new business is not forthcoming we will have to cease trading in 3 - 6 months. We do not want to reach a point where we are insolvent. We do not want to make our employees redundant (they have been working with us for 12 years) but if we do not give notice now we will not have enough funds to pay their redundancy entitlement. Can we put them on notice of redundancy now and then lift the notice in three months time if business improves? Can anyone advise?