Business rescue

Our business rescue services – a helpful lifeline

Just because your business is struggling right now doesn’t mean it’s the end. Business rescue means taking action to get businesses facing difficulty back on track. 

It’s a strategic process, and there are several options available. We offer our business rescue services to those who need it most. Whether you’re facing a challenging financial situation or insolvency, we’re here to help.

Business rescue methods

The best course of action depends on the situation you’re in. There are several options we can look at together. 

Time to Pay

If you find yourself with creditors, or perhaps HMRC, chasing after you, there are ways to help give you breathing space. By setting up a time-to-pay (TTP) arrangement, you can organise a payment window over a relatively short period of time. We can potentially do this for you, and it will be our first step.

Company voluntary arrangement

Not as harsh as insolvency, a company voluntary arrangement (CVA) acts as an agreement between your business and your creditors where a portion of your debt is written off and you pay the rest in manageable monthly instalments.

Administration

A form of formal insolvency – administration involves someone else stepping in to take control of the situation. Our goal is to try to make sure it doesn’t come to this point but, if it does, we’ll be here to guide you through.

Our approach

We know that if you’re at the point of needing our business rescue services, things are pretty tough.

We’re here to get you back on track wherever we can, but there may be times when that’s not possible. If that happens, we’ll advise you on the best route for liquidation, making sure we explain everything clearly.

No matter the outcome, you’ll be supported. We don’t believe you should go through these things by yourself, so we won’t let that happen.

Get in touch to talk to us about your business rescue needs.