Managing issues is what you do when you are in business and the potential insolvency of your business is just another one of the many issues you will need to address, albeit of a much more emotional nature.

Managing potential corporate insolvency

By ensuring that you have the right advice and support, you can minimise the impact on your business, no matter how big or small.

Putting a plan in place to allow your business to continue to trade will be our top priority. This will also ensure that the value of the business itself is unaffected, as is the value of any assets held.

Cash flow is becoming increasingly important in the life of any business as credit becomes more difficult to secure, so by restructuring your business and making cash flow more important, we can start to turn things around before you are at the point of no return of company insolvency.

Early intervention in potential insolvency situations gives your business a much better prospect of success and survival, so don’t delay getting in touch.

There are a number of options open to you and some of these are:

  • Company Voluntary Arrangement
  • Administrations
  • Administrative Receiverships
  • Fixed Charge Receiverships
  • Law of Property Act Receiverships
  • Members’ Voluntary Liquidations
  • Creditors’ Voluntary Liquidations
  • Compulsory Liquidations

We will discuss each of these options with you in detail and in the context of your particular business and circumstances, along with the specific implications of each of them in your business.

This will allow you to have a clear idea of what the options are and you can then take some time to carefully consider your next steps after weighing up each option and if you need to actually declare insolvency, we can move onto this seamlessly and efficiently.

Why choose Berley?

Our experienced and professional team have helped many other businesses in similar corporate insolvency situations situation as yours and you should not feel any embarrassment about asking for help. In fact, the earlier you address the issues you are having, the better the outcome will be.

We do understand that this will be a difficult time for you, but whatever the outcome we will act professionally, sensitively and confidentially at all times throughout the process.

Contact us today

If you would like to know more about how our specialist corporate insolvency professionals can help your business find its way through this difficult process, call us now on 020 7636 9094 and we’ll be happy to help.

Alternatively, you can get in touch online by emailing us on info@berley.co.uk or by completing our Free Online Enquiry and we’ll be in touch before you know it.