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Most of the cases we deal with are referred to us. This may be by:
In these circumstances they will be referred to us with the business owners’ consent for an initial confidential meeting.
We try and help businesses in trouble and the directors or owners of that business. It is important we got a whole picture of the finances to understand what the possible options are.
Sometimes this may mean we can help the client with dealing with one pressing creditor and agree a payment plan acting as a bridge between the business and the supplier (who maybe HM Revenue and Customs). In other cases, there is just a ‘wall of debt’ and the right answer is to close and liquidate.
If you have referred a case to us and it becomes a formal insolvency we will always refer back any tax work or other work back to you where possible. For example the tax work may mean preparing final accounts to make a terminal loss relief claim which can be carried back against any tax paid in the last three years. It may also mean processing the final payroll or getting vat returns up to date. We will pay you for this work from the company assets and funds.
We help business owners decide on what to do by asking them questions. For example, typical questions may include:
We will then help work out what is the likely financial impact based on the above.
Ask me any questions
As an accountant you may have questions your client just does not know the answer to – please email me email@example.com. You can ask my anything and I will help free of charge. We will only need to charge a fee if it becomes a formal insolvency appointment.
Simply fill out the short form below and I will get back to you.
Licensed Insolvency Practitioner