East Midlands-based airport Flybmi collapsed earlier this week leaving hundreds of passengers stranded overseas. With the failure of the UK’s fifth biggest airline Monarch just last summer, and Flybe recently being sold for just £2.2m, it’s clear that the UK’s…
Receiving threatening letters from HMRC and not knowing what the next steps are can be stressful. Find out your options and how to respond.
Many companies struggle with VAT arrears and problems paying VAT on time and it is important to know how to properly manage this situation.
If you have recently received a winding up petition, this is the most serious threat against your limited company and you need to act swiftly.
Not knowing how to manage a personal guarantee can be a concern for directors. Find out how this can affect personal assets, such as the family home.
HMRC are assertive when targeting tax that is owed and this can be a stressful time if not handled professionally and with due-diligence.
Find out the most appropriate option when considering liquidation. We explain the difference between solvent and insolvent liquidation.
When faced with large company debts and creditors applying pressure, a company voluntary arrangement (CVA) may be a viable option to keep the business trading.
Administration helps to provide protection from increased creditor pressure and enables the company to assess how-best to return to profitability.
Confidential Business Debt Advice for Insolvent Companies
Here at Company Debt, we provide UK directors with straightforward and confidential business debt advice, tailored insolvency solutions and invoice finance, to help solve your company’s debt problems. Many businesses struggle to meet their financial obligations, including making tax payments on time. Our skills have enabled us to rescue companies all over the UK including London and the South East, Manchester, Liverpool, Birmingham and more.
If your company is insolvent or struggling with business debt and you need advice from a leading debt company, contact our confidential insolvency helpline to arrange a free consultation today. With decades of experience, our senior consultants will explain all of your options clearly in a free initial consultation. Whether you’re looking to rescue your business, deal swiftly with stressful creditor pressure, or secure an appropriate and tax efficient exit strategy, we’re here to help.
The Company Debt team have been the most incredible and professional people that I have dealt with. It all happened after a night out when I found a Personal Liabity Notice on my door step, I was devastated my business… Read More
The Company Debt team have been the most incredible and professional people that I have dealt with. It all happened after a night out when I found a Personal Liabity Notice on my door step, I was devastated my business had major financial problems, I lost millions and I drained all my money, and frankly my mind was all over the place for debts and collectors that I simply couldn’t face. It really felt like there was no way out and I was basically a finished man.
Having paid lawyers, accountants and other organisations to help me, there was nothing they could do, nobody was willing to help and, out of desperation I called JSCO and left a message at about 1am.
Out of my surprise I have received a phone call back the next morning, I was doubtful as many have taken my money and said goodbye, but this time it was different, JSCO not only helped me to talk to the toughest HMRC department but also refereed me to a number of professionals who have helped me and contribute to sort out my situation, the best thing was that they were there for me, answering every text or phone call, support you and of course dealing with the problem and when you are in the situation that I was believe me the only thing you want is people who still see the good in you, I tried again and in one month I have rebuild my business because my confidence was back.
I cannot thank enough Company Debt and all the people who helped me.
A reference is not enough to express my satisfaction the only thing I would say is:
100% best service everClose
“Our limited company had started to have financial difficulties so I decided to contact professionals to help me deal with the issues at that time. I had been put onto Mike Smith who has been excellent support from day one.… Read More
“Our limited company had started to have financial difficulties so I decided to contact professionals to help me deal with the issues at that time. I had been put onto Mike Smith who has been excellent support from day one.
I have been advised about rescue solutions for our company which I did look into. Unfortunately, our business is seasonal, and after few months our situation started to be critical, and after consulting with Mike, we have decided to liquidate the company. Mike has advised me in detail about the process and helped me to get in touch with liquidators and insolvency practitioners who have been taking over all important stuff.
As this was my first director experience, I didn’t know what to expect, and I was under extreme pressure. Mike and everyone who has been involved has given invaluable support, and without their help, this process would have been an absolute nightmare.
If you ever get into a similar situation, I highly recommend getting in touch with Mike who will guide you through the “scary” but simple process and help to take a lot of pressure off Directors’ shoulders.”Close
“We had an unpaid VAT bill of £45K which was keeping us awake at night. With Mike’s help and direction, we negotiated a repayment schedule with HMRC. I would, however, advise any person/company seeking advice, that you be prepared to… Read More
“We had an unpaid VAT bill of £45K which was keeping us awake at night. With Mike’s help and direction, we negotiated a repayment schedule with HMRC. I would, however, advise any person/company seeking advice, that you be prepared to be able to produce facts and figures and to simply ‘just get on with it’ and do it.
Burying your head in the sand will not make HMRC go away. If you can demonstrate a genuine will to be given a ‘breathing space’, then give Mike a call. Every business has its ‘moments’, and we were no different. This is a genuine recommend.
Thanks, Mike and all his team at Company Debt.”Close
What makes us a leading debt help company?
- We have decades of experience helping directors in trouble
- Our service is entirely confidential: we’re here to help
- Scores of testimonials from real directors we’ve helped
- We are some of the UK’s most experienced mediators with HMRC
- We are company ‘rescue’ experts, foremost
- We assess each situation individually to provide tailored advice.
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