DISTRESSED BUSINESSES
Advice to protect you and maximise value...
HOW CAN WE HELP?
We understand how stressful it is when you or your business is facing financial problems. We have a wealth of experience in helping clients find practical, pragmatic and commercial solutions, whilst also ensuring that the issues faced by the business and those involved are dealt with care and empathy.
When faced with some of the issues listed below, it is important to seek advise as early as possible to ensure value can be maximised for all stakeholders.
OUR VALUES
SIGNS OF DISTRESS
Cashflow
pressures
Struggling to pay your suppliers, landlord or HMRC is often an early sign of insolvency
Creditor
noise
Suppliers pressure can lead to the rapid deterioration of a situation
Winding up
Petitions
Legal action by creditors to recover monies can lead to insolvency
SIGNS OF DISTRESS
Non-Statutory options
Early action may mean the business is protected without formal insolvency
CVA
A Company Voluntary arrangement will allow you to compromise creditor payments
Formal Insolvency
Administration and/or Liquidation may lead to closure of the company
