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Help. We need some advice about our business cashflow problems. What do words like insolvent, liquidation, company voluntary arrangement (CVA) and pre-pack administration mean? We’re so worried can you help us?"

Yes we can help you! Browse this website for FREE, CONFIDENTIAL online guides to your business cashflow problems. We have 20 years of turnaround and insolvency experience and can provide you with a wide range of guides and case studies to help you find the best solution for your business.
 
Clearly each company has its own specific problems, so please call us to find out how we can help you. We offer friendly and honest advice free of charge, so you can stop worrying and start saving your company money. End those sleepless nights now and call us free on 0800 9700539 or you can call a director out of hours on 07833 240747 (7 days a week). Find us on Google+

Scroll down to browse our insolvency guides or click on the tabs above
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    What we think

We're under a lot of pressure, but is our company insolvent? How can I tell, and what is insolvency?"

So how do you know if the business is insolvent? By now, you may have studied the warning signs pages and learned that apparently insignificant issues can lead to business failure when combined. Read this page and it will tell you whether the company is insolvent or not.

If the company is insolvent, you must act to MAXIMISE CREDITORS INTERESTS. Failure to do so could lead to personal liability.

Just need to fix a cashflow problem with say PAYE and VAT?

0800 9700539 or 0207 887 2667 or 01289 309431.

Take Our Insolvency Test!
Company Rescue

What is a CVA?

A CVA is a legally binding agreement with your company's creditors. What does CVA mean and how does a company voluntary arrangement work? The following pages will help you to discover what a CVA does, understand how it works, and learn about the CVA tool and how it can help you stop creditor pressure and turnaround your company.

If you do not wish to read through all the guides and info on the site then you can call our support centre on 0800 9700539 for a no obligation confidential chat. Read on to see the benefits of a CVA, and how it can help you.

You will find lots of free but valuable insolvency advice on our website. Or call us on 0800 9700539. Out of hours you can call Keith Steven on 07833 240747.

Read about CVAs
Company Rescue

What is Winding Up?

A winding up petition (WUP) is by far the most serious action that can be taken against your company. So what can be done about it? Often the company has broken any trust the creditor had, payment deals have failed, cheques bounced and generally the directors have not kept their word to pay. Even though your company may have tried very hard to meet payment deadlines, your customers have been slow to pay, or sales have been lower than planned.

So the creditor reacts with the "nuclear" option. Of course, sometimes it's not as simple as that; In some cases we have seen creditors issue malicious petitions as a means of trying to settle disputes. We can advise how to deal with this.

Please read the guides below to help learn more. You will find lots of free but valuable insolvency advice on our website. Or call us on 0800 9700539. Out of hours you can call Keith Steven on 07833 240747.

Read about Petitions
Company Rescue

What is Pre-pack Administration?

In the UK, a pre pack administration sale is a powerful, legal way of selling the business on to a third party, a "newco", or to the existing directors if the business is facing serious problems and creditor threats.

The main advantage of prepack administration is the continuity of the "business". When the plan is ready and a contract of purchase is drawn up, the company is quickly protected by the Court - allowing the administrator to sell the "business and assets".         

Please read the guides below to help learn more. You will find lots of free but valuable insolvency advice on our website. Or call us on 0800 9700539. Out of hours you can call Keith Steven on 07833 240747.

Can I do a Pre Pack?
Company Rescue

What is Liquidation?

Usually the company has run out of cash, the directors do not think it is viable, they know the company cannot pay its debts on time and the directors are concerned that the business may build up more debts. They are also worried about wrongful trading

A liquidation can bring a quick end to the worry, if, of course, you act soon enough and have acted properly as directors. Yes, you can be a director of another company after a liquidation, but it is important to note that there are strict controls over the re-use of a company name.

Please CLICK THE BOX to learn more. You will find lots of free, but valuable, insolvency advice on our website. Or call us on 0800 9700539. Out of hours you can call Keith Steven on 07833 240747.

Should I Liquidate?
Company Rescue

Tax problems VAT/PAYE

If your business or company has not paid the deductions of PAYE and NIC across to HM Revenue & Customs (HMRC), then there is strong possibility it will take action against the business to recover that debt.

Basically, its tax payer's money and the tax collectors are there to collect it, there are no grey areas, just black and white. After all they have heard every excuse and know that you are in financial difficulty, or the tax would have been paid.  However, there are solutions and HMRC are often happy to work with companies and their advisors to try and save the business. 

Please read the guides below to help learn more. You will find lots of free but valuable insolvency advice as you scroll down. Or call us on 0800 9700539. Out of hours you can call Keith Steven on 07833 240747.

Find out more re Tax arrears
Company Rescue
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