Our Services
We provide an independent national advisory service to the Directors of Limited companies. This service is focused on SME (annual turnover £ 50k - £ 25 million) company recovery. Our pre-insolvency advice ensures compliance with constantly changing Society of Insolvency Practitioners (SIP) conditions and minimises your exposure to risk.
We maintain confidentiality as required to ensure that a plan can be negotiated and considered without impacting business confidence. We attend meetings or talk anytime Mon-Sun: 9am-9pm including holidays.
A step by step walk through our process is typically:
1. Viability screening
We provide an initial telephone assessment of your financial position. From this we can assess the likely viability of pre-pack administration.
2. Valuation estimate
A Regional Consultant will visit you to estimate a valuation of the assets & undertaking. From this we can assess what improvement in the financial position would be achieved by a pre-pack or if a CVA is appropriate.
3. Personal guarantees
We help consider your own exposure and can negotiate with banks for acceptable payment terms for the repayment of personal guarantees.
4. Negotiation
We can then negotiate an agreement on your behalf with leading insolvency practitioners approved by banks, debenture holders, sources of finance and other stakeholders. At this stage the selection of the right IP is as important as the decision to go ahead.
5. No commitment
Until the point that you instruct us to act on your behalf there will be no costs to you in relation to our advice. You remain free to end negotiations at any point. We will make clear to you any fees that we require before commitment is required.
6. Formation of a phoenix company
If you decide to sign-up for pre-packaged administration we support you through the process of transferring your company to a new phoenix company.
- Continue to, About Us.