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Helping you with your business recovery

Here's How We Can Help

Worried about Insolvency or Imminent legal action?

Here's How We Can Help

Company Rescue and Restructuring

If the company is viable but just needs to restructure, then a Company Voluntary Arrangement (CVA) could be the answer. A CVA allows your company to repay a fixed amount in monthly instalment that you can comfortably afford, generally over a period of 5 years, and at the end of the period, any outstanding debt is automatically written off. Creditors vote on the CVA proposal, usually at a virtual (video) meeting and decide whether to accept the CVA. This approach allows the company to continue to trade on and pay creditors what it can afford to pay, rather than Liquidation which would usually return a much lower payment in the pound, if anything at all.
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Thinking About Closing Your Company?

Closing your company through Liquidation.

There are three different types of liquidation and we can help make sure you’re going down the right path:

  • Creditor Voluntary Liquidation (Insolvent)
  • Compulsory Liquidation (court winding up)
  • Members Voluntary Liquidation (Solvent)
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Common Issues Businesses face

Cash Flow Issues

Since the economic crash of 2008, it has been increasingly difficult for Companies to raise much-needed cashflow in the form of overdrafts and/or loans from their bankers.
Factoring is now a viable method of finding that much-needed cash flow quickly. Over the years we have established good working relationships with numerous Factors, and because of this, we may be able to source a better deal than a Director would if he/she were to go to the Factor directly. Please call us to discuss what we can offer your Company in this respect.

Bounce Back Loans

During the lockdowns, many small to medium-sized companies took out a bounce-back loan of up to £50,000 in order to save their company.
With inflation at its highest in 2022 and interest rates rising in 2023, it has become even harder for businesses to pay back their bounce-back loans.
If the payments are now affecting your cash flow, we strongly recommend you contact us for advice as soon as possible. We can help you understand what affects it can have on your company and even you as a Director.

HMRC and Winding up Petitions

During the pandemic HMRC and other trade creditors were stopped from filing winding-up petitions against companies; however, that has now changed and winding-up petitions from HMRC and trade creditors are now reaching pre-pandemic levels. If you're behind with the payments to HMRC and/or other creditors, some arrangements can be put into place to prevent creditors from filing winding-up petitions against your company, taking the pressure off and giving you the breathing space you need to continue trading.

County Court Judgements

As a Director, CCJs against your company can be stressful, especially if your company has fallen on hard times and you are unable to pay creditors. CCJs can also escalate into bailiff action or a winding-up petition if not paid within 30 days. If your company has received a CCJ and needs advice then we are here to help, as there are arrangements that can be put into place to stop bailiffs and other potential legal action against your company.

The cost of living crisis and the Pandemic

The cost of living crisis isn’t just a problem for the consumer. Increasing costs in energy, fuel, and supplies are also affecting small businesses, and many of these companies will have already been hit hard by the impact of the pandemic. We can help you to take action now to potentially save your company from possible Compulsory Liquidation.

Has your company been affected?

There were occasions in 2020 and early 2021 when companies were forced to shut down as they were “non-essential” businesses. With the loss of trade, a lot of companies have found themselves unable to pay their liabilities as and when due. On top of that, we have a cost of living crisis with ever increasing interest rates. Even though the business is viable,

What if its too late?

If your company faces imminent legal action, you may think it's too late to do anything. But if you're reading this, it probably isn't. You just need the help and advice of an experienced business consulting and insolvency expert. We've got a proven track record of helping people like you to deal with all kinds of financial crises, including