As a Limited Company you have limited liability but we may still be able to help.
From time to time a business may experience financial difficulties and set backs. This could be due to economic climate, market change, cashflow problems, competition, increased costs, contract disputes and more.
Providing Insolvency services to the UK and Northern Ireland, we are one of the leading debt help companies in the UK. We pride ourselves on offering suitable debt solutions that can help you through the difficulties you and your business are facing.
For over 80 years we have been helping businesses overcome their debt problems with debt advice and insolvency solutions tailored to suit the needs of each individual business. We specialise in offering solutions to Self Employed individuals.
Whether you are a Sole Trader, a small/large Limited Company or in a Partnership ; if you are struggling with debt, we may be able to help you.
If you get into financial difficulties, whether in your business or personal life, you need practical advice and solutions which are constructive and achievable .We can quickly analyse your situation, assess the options and help you reach the right solution.
If you are not insolvent or if we cannot assist you in gaining control over your personal or commercial financial situation with an Insolvency solution, we will point you in the right direction of a provider that can help.
Total Debt: £182,400 (including £89,500 to HMRC)
Solution opted for after consultation: IVA
Payments: £54,300 for 60 months
Total paid towards IVA (including fees): £23,400
Causes of debt: Use of credit facilities to grow business. Loss of trade due to recession.