Require Immediate Support? Free Director Helpline: 0800 644 6080

Real Business Rescue

Free Director Helpline: 0800 644 6080

Covid 19 Business debt Help for limited company directors

Share:

Published:

" src="" title="Video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen>
Video placeholder
 
 
 

The severe effects of Covid-19 continue to cause disruption and financial difficulty for businesses nationwide. If your limited company is in debt due to the coronavirus pandemic and you are unsure how to proceed, you should seek help from a licensed professional as soon as possible.

background curve

Take Our Free 60 Second Test

Get an instant understanding of your:

  • Debt and Asset Position
  • Formal Insolvency Options
  • Next steps

Plus much more ...

Start The 60 Second Test
apps on mobile screen

This video explains where to go for trustworthy advice, and how you can help your business recover from the unprecedented circumstances you are experiencing.

Since the start of the pandemic the government has offered vital emergency funding to help businesses survive. Options have included the Coronavirus Business Interruption Loan Scheme (CBILS) and the Bounce Back Loan Scheme (BBLS).

Need to speak to someone?

If your company is struggling with unmanageable debts, squeezed cash flow, or an uncertain future, you are far from alone. We speak to company directors just like you every single day, and we are here to give you the help and advice you need.
Call our team today on 0800 644 6080

60 Second Test Find Your Nearest Office

Although the general economic outlook has improved, however, many businesses continue to suffer financial distress and require professional help to deal with Covid-19 related debts and other payments.

This video describes the options that might be available for businesses in debt. It is important to consider options such as alternative funding, formal insolvency procedures that support recovery, and the best way to enter liquidation if rescue is not possible.

UK’s number one for director advice

We handle more corporate insolvency appointments than any other UK firm; demonstrating our commitment to helping directors and business owners in financial distress.
The team are available now -  0800 644 6080

Personal liability can also be a concern for limited company directors – if a Director’s Loan Account is overdrawn, for example, or a personal guarantee is called in. Placing creditor interests first is crucial in all cases of insolvency, but it is easy for directors to unwittingly breach insolvency laws by carrying on trading.

With so many insolvency ‘experts’ advertising online, it is also easy to approach the wrong people for advice. If you are carrying Covid-19 business debts, or indeed any form of company debt, you need professional support from licensed insolvency practitioners to ensure you take the correct route for your company.

reviews io logo

Real Business Rescue are here to help

Still unsure whether liquidation is right for your company? Don't worry, the experts at Real Business Rescue are here to help. Our licensed insolvency practitioners will take the time to understand the problems your company is facing before recommending the best course of action going forward based on your own unique circumstances.

  • UK’s Largest Liquidators
  • 100+ Offices Nationwide
  • 100% Confidential Advice
  • Supported 25,000+ Directors
Meet The Team
Team Of 4

Team of Qualified Experts

Trusted team of experts on hand to assist

Meet The Team
Rbr Accreditations Blue

Looking for immediate support?

Complete the below to get in touch

Here at Real Business Rescue we take your privacy seriously and will only use your personal information to contact you with regards to your enquiry. We will not use your information for marketing purposes. See PRIVACY POLICY
10,000+ Tests Completed

Free 60 Second Test

For Ltd Company Directors

Get An Instant Understanding Of Your:

  • Debt and Asset Position
  • Director and Liability Review
  • Next Steps

Plus much more ...

Real Business Rescue Recommended
  • UK's leading business funders
  • Free Brokerage Service
  • Full Market Access
  • Over 30 years' experience
  • Strong relationships with HMRC
  • Support from start to finish
  • 10,000 potential buyers
  • 12,000+ Businesses Sold
  • 60+ Years Experience
Next Steps

We provide free confidential advice with absolutely no obligation.
Our expert and non-judgemental team are ready to assist directors and stakeholders today.