Is your company experiencing poor cashflow, bad debt problems and the pressures of creditors like HMRC and your main suppliers? Whatever has caused these issues, from bad debt to market changes it may seem like the end of the road for your company with no options left. Do not decide to end your company without considering a pre-pack administration.
Legally strip down your company’s debt, buy back the important assets as a third party individual and start up as a new entity. Achieve a seamless transition with this specially designed insolvency measure that allows you to continue serving your customers.
Over the years McTear Williams & Wood has helped a number of companies go on to return to full profitability after restructuring using pre-pack administrations. You too can access this knowledge and skill to make the best out of your current adverse situation.
Is this the next step for your distressed company? If you want to know more about how this process could work for you, arrange an appointment to discuss a pre-pack administration at our offices near King’s Lynn. You can talk with one of our expert advisors who will go through all of your available options.
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 near King's Lynn 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 7418