Let us safeguard your business
Many business failures could have been avoided if sound financial advice had been sought and followed from the outset. Some of the most common causes of business collapse include bad debts, reduced demand, excessive borrowing and low property value.
Many business owners do not seek help for these issues until it is too late and the company is beyond help.
Under the Insolvency Act, directors can face charges of fraudulent trading, misfeasance or wrongful trading if they choose to ignore the signs that things are going wrong.
Therefore it is vital that you react swiftly, and seek professional help and advice as soon as things begin to get difficult. With well-timed, expert advice, a business can be saved from the fate of liquidation or receivership.
Our experienced and highly skilled team can:
- Identify the cause of your problems
- Recommend solutions to improve cash flow
- If applicable, arrange a corporate or individual voluntary arrangement to help you trade your way out of trouble
If the worst case scenario should become reality and your business has to go in to receivership, administration or insolvency, we can offer you professional and sensitive advice and support.
However, the best advice is to make sure you visit us for regular business health check-ups in order to avoid any unpleasantness further down the line.
Contact us for an initial discussion about how we can help your business stay on the straight and narrow.