Find out more about a company voluntary arrangement in Peterborough

Can't quite make cashflow work?

Struggling to keep up with supplier payments and HMRC

Help is at hand from McTear Williams & Wood

Call us now for a free consultation on 0800 331 7417

Many of the businesses that survive the treacherous first year period suffer from distress further on down the line. Cashflow inconsistencies coupled with tax bills and payroll can put a huge pressure on a company’s resources, especially when key personnel are engaged in servicing the debt rather than money making activities. 

There is a measure that’s been designed to help businesses in such situations, it’s called the company voluntary arrangement and it allows you to consolidate all your debt into a single sum, which can subsequently be managed through regular monthly payments. 

Interested in setting up such an arrangement? You will need the assistance of registered insolvency professionals who negotiate the arrangement on your behalf and set an acceptable schedule for payments with creditors. 

Discover if your debt can be restructured with an appointment to discuss a company voluntary arrangement at our Peterborough offices. In a simple, free 1 – 2 hour long consultation session, we answer any questions you have and point you towards the best options for your future. 

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.

Your next step

Time is critical with a company voluntary arrangement. Whilst there is still liquidity left in your business it is easier to put such an agreement in place, however if the situation is allowed to deteriorate then it may be the case that this option is no longer available to you.

Act now to achieve the best result for your business turnaround.   Visit McTear Williams & Wood at our Cambridge office to discuss a company voluntary arrangement today.  Call us now to set up your appointment on 0800 331 7417

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