Services.
Rescue & Recovery
 It is a well known
fact that many business failures could have been avoided if the owners had taken
the right advice at the right time. Some of the commonest causes of company
collapse are bad debts, reduced demand, excessive borrowing, and low property
values. All too often business owners do not face up to these problems until it
is too late.
Moreover,
directors who ignore such problems run the risk of committing offences under the
Insolvency Act such as fraudulent trading, misfeasance, wrongful trading, and
preferential or undervalue transactions - for which the penalty might be
disqualification, or worse!
The key is to seek
professional help as soon as the first signs of difficulty appear. With timely
advice a company may be saved from liquidation or receivership, particularly if
there is a genuinely profitable core to the business.
Our team of
trained professionals can help you identify the cause of your problems and
recommend solutions to improve profitability and cashflow.
If it is necessary
for your business to go into a voluntary arrangement, administration,
receivership, or insolvency, we can arrange the appropriate professional advice
to assist you, but the best advice is to come in for regular business health
checks so we can identify potential difficulties at an early stage and recommend
appropriate courses of action in good time.
Contact:
Kevin Blake or Alan Edwards
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