Struggling with company debts?

If your business is facing financial difficulties, it can be hard to know what to do and where to turn.  Whether it's HMRC tax arrears, pressure from creditors, cash flow issues or a winding up petition, Help2Grow can provide you with a free, no obligation and confidential  consultation with a professional advisor who can help you to navigate this minefield.

Insolvency and business rescue solutions

If your business is struggling to meet its financial obligations, the most important thing to remember is that you are not alone.  In fact, each year there are thousands of UK businesses that experience financial issues or struggle with paying tax bills.  You can rest assured that there is a solution out there for you, and at Help2Grow our partners are on hand to help you find the right one.

Every business is different, and we recognise that each industry comes with its own nuances and challenges.  Our business insolvency and rescue partners take the time to understand the background of your business and how you came to your current situation.  In doing so they are better able to devise a plan of action that meets the needs of both yourself and your company.

At this juncture, making the right decisions about the future of your business is vital.  It therefore requires careful consideration of all of options available to you.  Some business owners want to rescue their business (where there is a viable long term plan to do so), whilst others would rather consider the best exit strategy.  Whatever your preference, our business insolvency and rescue partners can provide the expert help and guidance that you need to achieve your objective. 

Depending on the specific circumstances, the long term viability of the business and your objectives, options available may include:

  • AdministrationThis is a process that a company can enter which aims to keep a viable business trading and staff unaffected.
  • Company Voluntary Arrangement (CVA)A CVA is an agreement between a company and it's creditors to delay and/or compromise debt repayments.
  • Liquidation - Depending on circumstances, a liquidation may be either compulsory or voluntary.  Ultimately it concludes with the closure of a company.
  • Invoice finance - It may be possible to obtain critical business finance, even if banks have rejected your applications.  More information about invoice finance can be found here

No matter where in the UK you are based, we are able to provide access to an expert advisor in your area who can guide you through the process.  Our partners provide a free consultation with no obligation to proceed, often available at short notice.  The consultation is a great opportunity to discuss your concerns, learn more about the available options and help you plan your next move.  Contact us today for more information on insolvency and business rescue solutions for your business.

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about how we can help you with company insolvency issues, business rescue and turnaround