Take back control in the face of adverse business circumstances and poor cashflow. Call now on 0800 331 7417
Whilst many directors like to portray a picture of evergreen financial growth this is not always the case. Often market forces, HMRC pressures and late payments from clients can combine to threaten your business with a negative balance and insolvency. Fortunately there are routes back that will allow you to regain full control of your company. One of the best known is the company administration. You are allowed to appoint the Insolvency Practitioner of your choice to run the company, negotiate with creditors and resolve key accounting issues.
One option that’s taken by many directors is to liquidate the company and buy back key assets. These are subsequently used to relaunch the business as a new entity, shedding debt and focusing on the company operations that are profitable. McTear Williams & Wood has helped many organisations regain profitability in this manner.
If you think a company administration is right for you meet one of our experts near Bedford to confirm whether this is the best option for your business.
Through prompt action you may be able to salvage more value, some more jobs and get yourself in a position to successfully buy back the business and assets so you can trade in a new incarnation. Call McTear Williams & Wood for a free consultation appointment now on 0800 331 7417
Other services we offer in your area:
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Company liquidation in Bedford
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Insolvency in Bedford
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Liquidation in Bedford
Members' voluntary liquidation in Bedford
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Winding up order in Bedford
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