Protect your Company trading
Protect your Company trading
Ask to us to protect you from trading interuption, buying you time to action improvements and ensure business continuance.
Restructure Cash Flow
Companies are not usually stopped by Losses, but failed Cashflow. Amidst the urgencies of sales and business operations, control of collecting monies due and timely payment of taxes and suppliers can slip. Accelerating payment demands and delayed receipts can then push even a profitable business into insolvency.
To prevent this we represent you with the company’s creditors and debtors, making arrangements and changing terms to create safe onwards cash management.
Resist Demands and Distraint
A Statutory Demand gives only 18 days to pay the amount claimed, negotiate its withdrawal or apply to the High Court to avert a Winding Up Petition. We look to achieve voluntary withdrawal, but otherwise file an appropriate defence. We are often able to persuade Creditors to settle, as they face a large costs bill if they lose a legal action and may get nothing in a Compulsory Liquidation.
Preventing Distraint requires preparing a safe defence before any Bailiff attends. If you have assets that are not already protected by charges, we can often protect them from attachment by selling them into third party ownership so that you can negotiate settlement from strength .
Avert Winding Up Petitions
If you receive a Winding Up Petition, we act immediately to get it withdrawn, or its advertising postponed.
Our Insolvency Solutions team often STOP these actions, negotiate payment, or delay them until the Director can devise a controlled outcome If the Petition has already been advertised, we can overtake the Compulsory Winding Up by an urgent Creditors Voluntary Liquidation, or prepare a Defence Package for the Official Receiver, which explains conduct of the Director(s) favourably so as to avoid your being pursued for personal liability.
How we help
We can ringfence your Company against interruption by demands or distraint, freeing you to drive successful forward trading!
Actions We Take
These often include :
> Defer pressing payments
> Collect slow debts
> Defend hostile demands
> Prevent bailiff distraint
> Stop Winding Up Petition
> Buy valuable decision time
Restructure Cash Flow
Companies are not usually stopped by Losses, but failed Cashflow. Amidst the urgencies of sales and business operations, control of collecting monies due and timely payment of taxes and suppliers can slip. Accelerating payment demands and delayed receipts can then push even a profitable business into insolvency.
To prevent this we represent you with the company’s creditors and debtors, making arrangements and changing terms to create safe onwards cash management
Resist Statutory Demand
A Statutory Demand gives only 18 days to pay the amount claimed, negotiate its withdrawal or apply to the High Court to avert a Winding Up Petition. We look to achieve voluntary withdrawal, but otherwise file an appropriate defence. We are often able to persuade Creditors to settle, as they face a large costs bill if they lose a legal action and may get nothing in a Compulsory Liquidation.
Preventing Distraint requires preparing a safe defence before any Bailiff attends. If you have assets that are not already protected by charges, we can often protect them from attachment by selling them into third party ownership so that you can negotiate settlement from strength .
Avert Winding Up Petitions
If you receive a Winding Up Petition, we act immediately to get it withdrawn, or its advertising postponed.
Our Insolvency Solutions team often STOP these actions, negotiate payment, or delay them until the Director can devise a controlled outcome If the Petition has already been advertised, we can overtake the Compulsory Winding Up by an urgent Creditors Voluntary Liquidation, or prepare a Defence Package for the Official Receiver, which explains conduct of the Director(s) favourably so as to avoid your being pursued for personal liability.
Company Voluntary Arrangement
A CVA can sometimes offer a positive alternative to Creditors Voluntary Liquidation (CVL). The Director proposes a reduced sum settlement with creditors to cover all past liabilities, enabling the Company to continue to trade without interruption. Some downsides can be long delay negotiating uncertain acceptance, continuing liabilities and the need to be trading onwards with a high risk Credit Profile.
Phoenix
If your liabilities are too great to “trade through “, a final option is to ask us to close the current Company completely and transfer successfully, legally and seamlessly, to trade as a fresh Phoenix Company
Company Voluntary Arrangement
A CVA can sometimes offer a positive alternative to Creditors Voluntary Liquidation (CVL). The Director proposes a reduced sum settlement with creditors to cover all past liabilities, enabling the Company to continue to trade without interruption. Some downsides can be long delay negotiating uncertain acceptance, continuing liabilities and the need to be trading onwards with a high risk Credit Profile.
Phoenix
If your liabilities are too great to “trade through “, a final option is to ask us to close the current Company completely and transfer successfully, legally and seamlessly, to trade as a fresh Phoenix Company
Ask me about the protection you need
Call in confidence and without obligation for free, practical and professional advice
Michael O’Connor M.A MABRP : Director
0345 017 9773
Ask me about the protection you need
0345 017 9773
Michael O’Connor
M.A MABRP : Director
Bristol
The Quadrant – Aztec West
Gloucester
North Warehouse – Gloucester Docks
Hereford
4-5 High Town
Bristol
The Quadrant – Aztec West
Gloucester
North Warehouse – Gloucester Docks
Hereford
4-5 High Town