Limited companies are safe to run for their owners, as they have legal personality. They are separate from their owners and the owners are not liable for their companies’ debts.
There are, however, some exceptions specified in the Insolvency Act 1986.

Read provision 213 of the Act which explains what fraudulent trading is and choose the correct word to fill in the gaps. You can use one word twice.

Fraudulent trading.
(1) If in the creditors winding purpose intent course (1 p.) of the creditors winding purpose intent course (1 p.) up of a company it appears that any business of the company has been carried on with creditors winding purpose intent course (1 p.) to defraud creditors of the company or creditors winding purpose intent course (1 p.) of any other person, or for any fraudulent creditors winding purpose intent course (1 p.) , the following has effect.

(2) The business liquidator assets contributions court (1 p.) , on the application of the business liquidator assets contributions court (1 p.) may declare that any persons who were knowingly parties to the carrying on of the business liquidator assets contributions court (1 p.) in the manner above-mentioned are to be liable to make such business liquidator assets contributions court (1 p.) (if any) to the company’s business liquidator assets contributions court (1 p.) as the business liquidator assets contributions court (1 p.) thinks proper.