We mostly deal with owner managed and family businesses, which make up the build of businesses across East Anglia and London, in all sectors.
No, we welcome the change to advise clients in areas outside insolvency, including turnaround and restructuring. The earlier we can get involved the more chance there is of avoiding insolvency.
Yes. We have successfully turned around many businesses that would have otherwise been threatened with closure. Click on the links for more information on our turnaround business angel and interim management networks.
Yes and in order to help employees of insolvent companies the Insolvency Service runs a scheme to pay creditors unpaid wages, holidays not taken, pay in lieu of notice and redundancy up to a limit (currently £479) per week). The appointed insolvency practitioners will help you make these claims online.
Companies with assets up to £5,000,000, turnover up to £40,000,000 - up to 200 staff and banking lending up to £2,000,000. But we usually deal with much smaller businesses with assets c.£250,000,turnover £500,000 and a dozen staff.