Business insolvency
If you cannot pay the money you owe to your creditors, including HMRC and your Bounce Back Loan, this is a sign that your company could be insolvent.
The most important thing is not to panic. There are ways to get out of the business insolvency spiral.
Our firm specialises in advising micro-, small- and medium-sized companies who need professional help to overcome unforeseen circumstances with their business.
How we can help with business insolvency
We understand that your business is more than the Limited Company shell. So we take into account your aspirations for it while helping you decide on the best solution to your challenges.
If you cannot pay your creditors, we can use a business insolvency procedure such as a Company Voluntary Arrangement (CVA) to manage your repayments.
Even if your company needs to liquidate its assets to clear its debts, it doesn’t mean the end. In certain circumstances you can reopen and start again, without the weight of business insolvency hanging over you.
We’ll review your company’s situation and make sure you understand all of the options that are available to you, before helping you decide on the best route to take.
Other services we offer
HMRC debt management
We’ve helped 1000s of limited companies deal with their HMRC and business debt management in a fast and cost-effective way.
Pre-pack administration
If you have a core business that works, a pre-pack administration could save it – and leave behind your old company’s debt.
Business rescue
It’s normal for a business to experience financial challenges. If these are causing you worry, we could ease the burden and get you back on track.
Get expert advice for your business
Speak directly to someone who can give professional advice,
with no obligation to use our services in the future.