Innovation swings and shopper taste can cause issues for what is now a quick changing online marketplace, exposed to quick highs and lows, which can turn profiatble businesses insolvent in a short space of time.
In the midst of trouble there are plenty of options accessible to Sole Traders and Limited Companies and their Directors. The key is to look at the business model for flaws and potential improvements.
We can advise on the options available to you, attempting to avoid formal insolvency where conceivable.
At the point when formal insolvency is inescapable we can guide you through the procedure to guarantee matters are managed appropriately, limiting the dangers to Directors.
Available solutions we can advise on are:
- Pre Pack Administration
- Company Voluntary Arrangements (CVA)
- Informal Arrangements
- Individual Voluntary Arrangements (IVA)
- Debt Relief Orders