So many businesses can suffer from debt and distress in today’s marketplace. Often cashflow problems may even be the cause of clients or suppliers having their own struggles with insolvency. With all this financial uncertainly with sales and revenue generation – it’s no wonder when you factor in the biggest responsibilities like VAT, PAYE and corporation tax that debt can become an incredibly heavy burden.
Setting up a company voluntary arrangement requires you to use the services of a licensed insolvency practitioner. They will implement all the required legal and accounting services are correctly overseen alongside the negotiation process to help achieve the best deal with your creditors.
Choose a company that knows how to work with businesses like yours. At McTear Williams & Wood we understand how to negotiate with creditors to get a realistic and achievable result that gives you the time and space to get back on the road to profitability.
Why choose McTear Williams & Wood?
The right facts and figures - you need the right evidence to support your claims that your company can return to profitability and meet the financial obligations of a company voluntary arrangement. We will find this information for you.
Working with creditors - it is essential that your creditors submit to the proposed schedule of repayments stipulated in a company voluntary arrangement. We will put your case to them and help explain why this course of action is in their interests.
Accountancy support - we understand how to present your accounts to your creditors in order to provide them with a fully accurate and transparent picture of your current situation.
Expert consultation - pick up our best advice on how to resolve your situation in a simple one to two hour meeting. If we do not think a company voluntary arrangement is the best for you then we will provide you with some ideas for alternative course of action.
Thinking about a company voluntary arrangement for your Bedford business?
Get in contact with McTear Williams & Wood where we can give you the full details on all the options available to you.
How else can we help? Other services we offer in your area: