We provide a range of company insolvency services including business rescue and recovery, company liquidation, administration and corporate voluntary arrangements.
Economic downturn, rapid market changes, new competitors, failure of customers to pay overdue accounts, the loss of a major contract or strategic errors — any or all of these can plunge a company into serious financial distress.
When a business finds itself experiencing increasing cash flow problems, the pressures of chasing the next sale, collecting money owed, paying impatient suppliers and meeting payroll commitments can cause much distress. Quite often the owner of the business or the board of directors feel they have no options available to them.
As licensed company insolvency practitioners, we assist both company directors and sole traders when difficult trading conditions are being experienced. All businesses regardless of their size are likely to experience periods of difficult trading at some point. Whether they can weather the storm depends on a variety of factors. A business insolvency practitioner will assess your particular situation and advise on the best course of action, whether that is a rescue and restructuring plan to improve cashflow and profitability or a formal insolvency procedure such as a CVA, company administration or company liquidation. A range of company insolvency services are available including:
We specialise in assisting small and medium sized businesses including limited companies, partnerships and sole traders.