“Welcome to Real Business Rescue’s office in Fareham. I’m Stephen Powell, and I work here alongside my team of business rescue and recovery experts. We are here to provide help and advice to limited companies, their directors, and shareholders during times of financial and operational uncertainty.”
During their lifetime, many companies will experience some level of financial pressure at one point. In some instances, this may be a minor hiccup which can be navigated relatively easily; there are other situations, however, which will require professional intervention to help stabilise the company. Seeking professional company debt advice may seem daunting, but it is not an admission of defeat, nor a foregone conclusion that your business is going to fail. On the contrary, the sooner you seek this advice, the greater the chances of your company emerging stronger.
Whether your business needs to deal with a shortfall in cash flow, has fallen into arrears with trade creditors or HMRC, or is facing threats of legal action, obtain expert insolvency advice will help you understand your current position and allow options for recovery to be explored.
There are a range of formal business rescue, recovery, and turnaround solutions, which can help get a struggling company back on a solid financial footing. A licensed insolvency practitioner will be able to talk you through these options and recommend the one which is most appropriate for your company, its current situation, and your aspirations for the future of the business.
Stephen and his team can help implement formal repayment plans such as Company Voluntary Arrangements (CVAs) and Time to Pay (TTP) arrangements with HMRC, explore the possibility of placing your company into administration, as well as explaining whether liquidation may be appropriate should recovery not be possible.
17th September 2021
Sales across the UK’s retail sector fell in August for the fourth consecutive month, according to the latest figures from the Office for National Statistics (ONS).Read More
9th September 2021
High levels of debt are causing significant concerns for decisionmakers at small and medium-sized enterprises around the UK, according to a new piece of research.Read More