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Pre Pack Administration Could Save Your Business
Posted on April 28, 2014
There are many circumstances where a business can be profitable, but find itself insolvent. These are usually unforeseeable circumstances, such as a catastrophic loss of stock, look of a key customer or key staff. In these circumstances it can often be difficult to rescue the business from the current financial difficulties without major action, and […]
Rejuvenation or Bust: deciding the future of your business
Posted on April 22, 2014
In the early days of a fledgling business, it can be hard to imagine how your business can grow; whether or not you can maintain your current staff team or how you can increase profits or equity. Alternatively, it may be that you have a long standing business that has recently hit hard times. Rejuvenation […]
Solving Cash Flow Problems
Posted on April 17, 2014
With any business, cash flow is key, and delays on the part of your customers in paying their invoices can lead to cash flow problems. Building rent still needs to be paid, suppliers need their invoices paid before they will send more product, and your staff need their wages. Cash flow problems are not a […]
Different Methods of Business Rescue
Posted on April 15, 2014
Dissolving a business you have built from the ground up and managed for a considerable number of years is understandably a difficult and stressful time. Despite the government’s promises to help small businesses by removing the red tape at the banks and financial institutions, borrowing can be a headache. There appear to be only two […]
Is a Customer Voluntary Arrangement (CVA) right for my business?
Posted on May 8, 2013
How does a Customer Voluntary Arrangement work? What are the advantages of a Customer Voluntary Arrangement? Be aware, it is not always the easiest decision for the future of your company
Why would I choose to undertake a Customer Voluntary Liquidation (CVL)?
Posted on May 8, 2013
Here is a list of reasons why a CVA would be an appropriate option for you.
Company Administration FAQs
Posted on May 8, 2013
Some of the frequently asked questions about company administration.
A Guide to Winding up Petitions
Posted on October 18, 2012
A Winding up Petition (WUP) is a serious and very real threat from an unpaid creditor. It is likely that you have been unable to pay a creditor on time and they have lost trust in you and your business, forcing them to take action.
A Guide to Company Voluntary Arrangements (CVAs)
Posted on October 16, 2012
A Customer Voluntary Arrangement (CVA) is a turnaround solution for businesses that may have become insolvent, so unable to pay their debts.
As a director, you may have recently recognised that your business is becoming insolvent or has already become insolvent. You know that your business model is profitable but have had a problem with cashflow which has caused some serious problems.
