What are my options if my company is struggling and cannot pay its debts?"

What is a company voluntary arrangement? How does it work? Can I cut costs dramatically in a CVA?

Find Out More

What is administration? What does it mean to appoint an administrator and how does it work? Who can appoint an administrator? What is a pre pack administration ? How do you do an administration followed by CVA?

Find Out More

A common sense way to trade out of cashflow problems.This a very common approach. You hit a problem that is not life threatening but you have serious cashflow difficulties, possibly Tax and VAT arrears and creditors shouting loudly. Following this guide and applying common sense may help you get out of that position. View Now

Under the Business Payments Support Service you can obtain a time to pay deal directly from the tax man. Call 0845 3021435 and ask for assistance. Ideally you will have prepared forecasts, cashflow forecasts and a plan to repay the tax over an AFFORDABLE period of time. We can help you with this.

View Now

If your business is in trouble and the relationship with the bank is breaking down, we suggest that you look carefully at the guides in this site. Work out the viability of the business, can you trim costs? Work out the problems, set out the position and have a meeting of directors.

View Now

What if there was a way we could quickly close the company and get rid of our worry and stress? We don't want to risk personal liability and we need to stop these creditors putting us under more pressure. Voluntary liquidation could be the answer! View Now

When a company ends up in compulsory liquidation it is usually a sign that a creditor has given up trying to recover money from the company, or it indicates that a Crown or Government agency has wound up the company, using a winding up petition under the public interest. So, how does a company go into compulsory liquidation and what happens in the winding up process?

View Now

With only a few debts dissolution might be the answer View Now

Our guide to refinancing the company. View Now

Selling your business when it is in distress is difficult as buyers will want to know why and will price accordingly. View Now