Winding up petition in Cambridge

If creditors are trying to close down your business it can
seem like the end of the road.  However, the truth is you
may still have other options

Get a clear picture now - call now on 0800 331 7417 to find out more

No one wants to be the subject of a winding up petition. No matter what circumstances have led to this situation this is without question one of the most unsettling and difficult times you can personally face as a director. You may feel like a failure or that these are your last days running a company. It could be difficult for you to explain the situation to your staff and you could be wondering what to do next.

This is where McTear Williams & Wood could help you out. With a proven track record of brining businesses like yours back from the brink to growth and profitability, we’re ideally placed to provide assistance. Simply arrange an appointment to discuss your winding up petition at our Cambridge office and we’ll be able to give you a full appreciation of your current situation together with our best advice for getting your business back on track.

What happens next?

Following on from our initial assessment and financial health check our expert advisors can implement the following services to assist you:

• Work with the main creditor - by communicating with the petitioning creditor, either directly or by feeding you the lines we can start to move the matter towards an effective resolution.
• Find you more time - our team can adjourn your Court hearing, giving you valuable space to carry out the vital negotiations, free from the negative impact of a court judgement.
• Demonstrate that your business is still viable - if we think there is enough cause, we can create a case for the court showing that there is a definite pathway for you to return to profitability.
• Secure a validation order - if you wish to continue trading, let McTear Williams & Wood help you obtain a validation order from the Court.

Why act now?

The biggest mistake any director can make is leaving the situation until it is too late. There are often options available to most distressed businesses, but you need to act early to access the full range of assistance. Find out what options are available to you today. Make an appointment to discuss an application for a winding up order with our expert advisors in Cambridge.  Call now on 0800 331 7417