Hmmm...a recent ruling in a Tax Tribunal may open the floodgates to more companies seeking to get away with delayed payments to HMRC without having to go through a Time To Pay ("TTP") scheme.
I have to stress that each case is considered on it merits by a Tribunal, but with HMRC getting tougher on granting TTP's, I can see this trend getting bigger. However, the Tribunal needs to decide if the delayed payments were due to a "reasonable" excuse - a very subjective test indeed. You will need to be sure your reason is reasonable before even thinking about this one!
Otherwise you'll definitely need the advice of an Insolvency Practitioner!
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