If your business is struggling it can be tough to know which way to turn next. Pressures from creditors including HMRC and suppliers add daily pressures, whilst unpaid invoices and bad debt could be slowing your business down. At such times a Creditor’s Voluntary Liquidation could seem like the only way out. Even though closing down your company might seem like the safest course of action, there may be routes back to full profitability that you haven’t as yet explored.
Interim management with experience of such situations, Time to Pay Agreements with HMRC, debt restructuring with CVAs and even additional finance could help your business get back on course.
Discover everything you need to know about your current situation with McTear Williams & Wood. In the first instance we provide you with a free consultation session where we review your finances and inform you of all the choices available to you. With a history of helping a number of businesses with insolvency services in Ipswich, we are ideally placed to assist you in finding the right outcome.
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 in Ipswich to find out your full range of options. Arrange an appointment today – 0800 331 7417