Just a quick note to say a big thank you to all the staff at KSA, our CVA was passed today by creditors voting in an overwhelming number including HMRC to accept the proposal as prepared by KSA.
The road to reach today’s conclusion has been bumpy, but at each stage your team has supported and guided us through the issues and we have reached a very satisfactory outcome to the benefit of customers, staff, all creditors and shareholders.
Information Technology Insolvency Case Studies

Every business is different, however there are particular issues that IT companies face which are unique to the sector.
Although this type of business often requires no stock for trading (which, of course, limits supplier issues), a number of problems can still occur. For example:
- Constant change and innovation needed in technology putting pressure on Human resource
- The internet makes “everyone an expert” now!
- Low margins on sale of hardware
- Getting clients to pay for service and support
- Larger firms tend to dominate
- Small contractors fail to keep books and records, then get hit with tax bills they cannot afford
- Overdrawn director loan accounts
As turnaround practitioners, our specialists can help tackle these issues with you to get your IT business back on track. We can go through all the available options, like expert assessment of the issues your company faces, improved financial reporting, Time to Pay deals, CVAs and pre-pack administrations.
KSA Group has our own turnaround practitioners available to help IT companies. We can also provide referees on request.
Call us on 0800 9700539 for free expert advice and a talk through your options. We can visit you onsite to discuss your specific situation.
We can also accept payments in cryptocurrencies.
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The director of the I.T. company contacted KSA to discuss the company’s present...
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The secretary of a telecoms company contacted Keith Steven of KSA to discuss the...
Southern UK based software development company
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Software designer company exits CVA early
The company accountant contacted KSA as he was concerned that the business was...
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South East Internet Retailing Company Rescued
The company was incorporated in 2010 and trades from its premises in the South...
CVA Case Study West Midlands Software development company
This company developed software for estate agents clients and was a spin out of...
CVA Case Study Software Company
Like almost all of KSA's clients this company nearly left it too late to effect...
Web design and marketing company saved by a CVA
The director of a is a web design and SEO (search engine optimisation) company...
Birmingham IT company £1.71m Blue Chip CVA Case Study
This company provided support, computers, PDAs and software to a national...
CVA Case Study - IT Services to Education Sector
The directors of the company contacted KSA Group as they were having cashflow...
Group of Companies £15m T/o saved by interlinking CVAs
Even when a company's accounts and records are very poor and there is a tight...
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We were approached by a number of such companies in 2005 and now see a rash of...
Case Study: Pre-Pack Administration for a London IT Company
Our client is an ITC service provider to a large number of SME companies in...