Unqualified advice continues to plague the corporate insolvency industry which is why company directors must be on-guard and seek qualified and reputable advice from licensed insolvency practitioners.
In recent years, we’ve seen unfortunate growth in the number of rogue advisers –particularly online – who often purport to be regulated firms with licensed IPs but are often merely lead generation websites that demand upfront fees and act as middlemen before passing your enquiry onto rogue ‘advisory’ firms with no reputation or regulation.
Our approach couldn’t be more different. We act as standard-bearers for the corporate insolvency industry with 70 licensed insolvency practitioners across the country handling more corporate insolvency appointments in 2015 than any other firm.
In many cases, we advise directors who have become exasperated by their experience with such advisers. Many of these concerns are common themes and act as a huge warning sign of a rogue, unlicensed or untrustworthy corporate insolvency firm.
If any of these strike a chord with you from your experience with a ‘corporate insolvency adviser’, we would urge you to speak with one of our licensed insolvency practitioners today. We offer a free initial consultation to all directors and can advise on a range of corporate solutions including HMRC arrears, winding up petitions, statutory demands, cash flow problems, finance options and more.
16th January 2017 A construction business based in the Yorkshire city of Hull has been forced into administration after suffering sizable losses in recent quarters.
12th January 2017 A list of the 10 most curious and least persuasive excuses given by employers for failing to pay their staff the National Minimum Wage has been published by HM Revenue & Customs (HMRC).
6th January 2017 Colson Castors and Colson International has been entered into administration after being unable to maintain a viable financial position in recent weeks.
4th January 2017 The travel and package getaways company All Leisure Holidays has stopped trading and called in administrators after succumbing to financial crisis.
20th December 2016 The number of British businesses surviving by only paying off the interest amounts on their outstanding debts rose sharply in recent quarters.
Every day we help companies just like yours turn things around against seemingly impossible odds, regardless of your situation we can help. Find your nearest office today.