If you are a creditor of a company that has gone into an insolvency procedure at the very least your own cashflow will have been dented and you are probably facing a bad debt. Larger bad debts can wipe out the profit from many weeks or even months of hard work. Where we have been appointed to act as insolvency practitioners to one of your (former) customers we work hard to minimise your loss and keep you informed about the payments of each case.
If you are concerned about the financial position of a customer and are still trading with them early action/intervention can vastly improve your position. If you would like to know more about how we can help please contact us.
In this section of the website we provide information on some of the insolvency appointments we take and other information that may assist you.