ASSESS YOUR BUSINESS’S FINANCIAL FITNESS

Name: McTear Williams & Wood
Address: Townsend House, Norwich, Norfolk, NR1 3DT
Telephone: 0800 331 7417

This business health check lets you know if your
organisation has what it takes to thrive and survive

HOW DO YOUR DIRECTORS STAND?

Check the current financial arrangements
for your business leaders.

CAN YOU STILL PAY YOUR WAY?

Having liquidity is essential for your business
to fund your day to day operations.

WHAT ARE YOUR BUSINESS ASSETS WORTH?

The assets your business possess could be
potentially utilised to fund a turnaround to profitability.

AND WHAT DOES YOUR BUSINESS OWE?

What unpaid debts and liabilities have to be satisfied
for your business to continue in its current state?

OUR INITIAL COMPANY DIAGNOSIS

These are our findings based on the answers
and the details you have provided

ASSESS YOUR BUSINESS’S FINANCIAL FITNESS

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Stage 1 complete - Now it's time to assess your directors' credentials

Directors may be able to claim redundancy and pay in lieu of notice if the company enters into a formal insolvency process. To establish how much please answer the following questions:

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Stage 2 complete – Let's see how your cashflow impacts your ability to perform your vital business functions.

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Section 3 complete – you've passed the halfway mark. Next up – we look at your assets.

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Section 4 complete - now let's take a look at your outstanding liabilities.

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Section 5 complete – Press the finish button for our final assessment.

Your Company appears to be solvent and has sufficient casflow to trade on and you probably don't currently need our services. We wish you well.

Your Company appears to be insolvent and does not have sufficient cashflow to trade out of its difficulties. The sooner you take specialist advice the better the potential outcome will be.

Conclusion - {{ results.solvent && results.net_assets >= 0 ? 'The Company appears to be solvent.' : 'The Company appears to be insolvent.' }}

Points you should consider.

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Your Company appears to be solvent and has sufficient casflow to trade on and you probably don't currently need our services. We wish you well.

Your Company appears to be insolvent and does not have sufficient cashflow to trade out of its difficulties. The sooner you take specialist advice the better the potential outcome will be.

Conclusion - {{ !this.results.solvent || this.results.net_assets < 0 ? 'The Company appears to be insolvent.' : 'The Company appears to be solvent.' }}

Points you should consider.

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Section 3 complete – you've passed the halfway mark.
Next up – we look at your assets.