There is often light at the end of the seemingly darkest tunnel and at Real Business Rescue, our objective is to keep a company trading if it is viable to do so. Our corporate recovery experts have restructured and arrested the decline of thousands of businesses since the late 1980s and continue to lead the way in assisting company directors in times of financial distress.
There are a number of common rescue services which are summarised below:
BUSINESS FINANCE & FUNDING – We work with over 50 specialist lenders who are particularly forthcoming to companies who may have been refused finance by their bank, or have hit upon hard times and need a cash flow injection to get a viable business back on the road again. We can help you attain that critical funding even if you've had prior rejection.
COMPANY ADMINISTRATION – Administration is a common process which enables a viable but struggling business to continue trading but undergo key restructuring to make it profitable once again. We have hundreds of administration case studies from small businesses to huge multinational corporations and we can assist in this manner if your company is suffering with operational expenditure but has potential going forward.
There is also the potential option of a pre-pack administration a pre-pack administration which would see the pre-arranged sale of an insolvent company's assets to a third-party (sometimes the company's own directors).
COMPANY VOLUNTARY ARRANGEMENT – Commonly known as a CVA, a Company Voluntary Arrangement is a formal insolvency procedure which ring-fences your company and protects it from creditor pressure during times of financial distress. An insolvency practitioner will recommend a CVA if he/she believes that the business has a viable future and a realistic prospect of recovery.
RECEIVERSHIP – This is another formal insolvency process which has become less common over the last decade since legislative changes made Administration the more appropriate solution but, for many companies that have debentures dating back before September 2003, receivership will apply if said company reneges on their Floating Charge agreement.
TIME TO PAY – Our expert business rescue team have over 25 years' experience negotiating with HMRC and helping to secure breathing space for companies in financial peril. If your company is struggling with tax liabilities, contact us today.
7th November 2017 Sales of non-food products among retailers across the UK showed a record low level of growth in the year to October 2017.
31st October 2017 As many as one in five restaurant businesses in the UK are exhibiting signs which indicate that they could be at risk of becoming insolvent.
27th October 2017 British businesses are losing out financially to the tune of tens of billions of pounds as a result of mental health issues among the members of their workforces.
27th October 2017 The latest official figures on growth within the UK economy showed faster-than-expected expansion in the third quarter and have raised expectations that the Bank of England will now opt to increase in
25th October 2017 A growing number of British companies are showing signs of being in financial distress, according to a new set of figures on the subject.
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.