Is your company experiencing the pressure of debt, financial arrangements and poor cashflow? If so then it might seem like a CVL is the only options. You may even be bearing the brunt of failure personally, causing upset and stress in your personal life.
Even in the toughest situations, you may be surprised to find that you still have options. Use a pre-pack administration to transfer key assets over to a new company. Created to provide you with a seamless transition from your old business to the new, this is the ideal way to keep trading and meet your customer’s expectations.
Over the years working as insolvency practitioners, McTear Williams & Wood has supported several SMEs and large businesses through this process, enabling each organisation to shed its debt and transform into a new, viable company.
Is this the right way forward for your struggling business? Would you like to find out more about this process? Contact us on our main number to discuss a potential pre-pack in Guildford. One of our expert insolvency professionals will review your current situation and work with you to understand the best routes forward.
There is only a limited time window for your business to implement a pre-pack administration. The sooner you act, the more options are available to you as alternatives and the greater the chance is that this chosen pathway will be successful. Call McTear Williams & Wood today to find out if a pre-pack administration will fulfil your business needs. We will set up an appointment at our offices in Guildford and in a short consultation period talk you through all the implications of this course of action. To set up your appointment please call us on 0800 331 7417