When business has taken a sharp downturn it is always easy to think the worst. With mounting pressures from third parties like the banks, suppliers and even HMRC prompting contact on a daily basis, you’d be forgiven for wanting to close down your business with a Creditor’s Voluntary Liquidation or a similar measure. But have you explored all the options available to you? It might be the case with expert advice you could still bring back your business from the brink and return to full profitability.
With measures such as CVAs, which allow debt restructuring, through to interim management and even emergency specialist finance, there are other choices than simply shutting down business and starting again. Find out all your options with a simple 1-2 hour consultation session with the expert advisors at McTear Williams & Wood. We’ll be able to help you understand the full constraints of your current situation and discuss plans for business recovery and with years of experience working with insolvency clients in Colchester, we’re ideally placed to help your business get the best result.
With all insolvency matters it is always advisable to contact an insolvency practitioner as early as possible in the process to ensure that the full spectrum of solutions is considered. As time passes it may be that some of the options for turnaround such as agreements with HMRC or debt restructuring are no longer viable so act now. Call us to arrange your appointment at our office near Colchester to find out your full range of options. Arrange an appointment today – 0800 331 7417