Business Insolvency Case Studies
As a family firm we will always strive to rescue a business where possible and seek to reduce any personal liability that the directors may have incurred by way of a personal guarantee. Only when that is not possible will we consider a formal wind down of the business and in that event we will always maximise realisations of all the company's assets to ensure the best possible outcome for both you as a director and your creditors.
To illustrate this we have set out a selection of case studies showing how we have helped businesses in financial difficulty. We have received a lot of positive feedback from the people directly involved.
In May 2013 we were approached by the director of a general building and civil engineering company that was experiencing cash flow problems due to incurring significant bad debts.
This involved a commercial interior design company which was set up in 1991. Following the notice of intention to appoint an Administrator over the company, the business was marketed for sale but the only offer received was from the director via a newly f
It is essential that businesses and individuals seek early advice as it is often possible to avoid formal insolvency proceedings and implement a recovery plan
25 April 2016
22 March 2016
20 January 2016
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