The lifespan of any business is a mixed story. Very few enterprises get through their entire journey without having to navigate tough times. From late payments through to cashflow issues created by HMRC pressure – there are so many factors that can put pressure on your finances and all companies suffer from times when they have considered a company liquidation.
However many directors don’t get professional insolvency advice until it’s too late. By acting quickly you can access the maximum range of options to bring your business back on track. You can make the best decision for your future when you have all the facts, allowing you to make a considered and informed choice.
For instance, in the case of HMRC debts there’s the option to negotiate time to pay agreements. Anxious creditors can be satisfied through regular pre-agreed payments that come with a CVA and if the business needs to be restructured, losing the unprofitable parts of the enterprise whilst retaining the departments that are working then a pre-pack administration could be the answer.
Why Use Our Service?
Confidential advice on your terms – at McTear Williams & Wood you will receive a professional service with the capacity to work around you – including out of hours calls and appointments.
Working on your behalf – if you decide to use a liquidation to extract your money from your company, then we can talk to your creditors and ensure that your business is closed down properly.
All legal obligations are discharged – when your company is shut down there are a number of legal requirements that must be met so that you are not personally liable. We are able to make sure that all the correct procedures are followed.
Evaluate all your choices will a free consultation. Speak to a licensed Insolvency Practitioner who will assess your current situation and give you detailed answers on many legal and accounting matters including personal liabilities - giving you an accurate picture of your options.
Over the years we have helped many businesses with company liquidations in Southampton. Book an appointment today and find out how we can help.
How else can we help? Other services we offer in your area: