We need some advice about our business cash flow problems. What do words like insolvent, liquidation, company voluntary arrangement (CVA) and pre-pack administration mean? We're so worried can you help us get out of this mess? Yes, you have come to the right place - This website provides FREE, CONFIDENTIAL online insolvency advice on what you should do in the best interests of your company.
Alongside this professional advice, there are hundreds of simple guides to answer your business cash flow problems, as well as recent up to date industry news, to keep you informed. We have over 20 years of turnaround and insolvency experience. We are licensed Insolvency Practitioners, so we guarantee to help you find the best solution for your business.
Alongside this professional advice, there are hundreds of simple guides to answer your business cash flow problems, as well as recent up to date industry news, to keep you informed. We have over 20 years of turnaround and insolvency experience. We are licensed Insolvency Practitioners, so we guarantee to help you find the best solution for your business.
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Our team of professionals at KSA Group are all passionate about saving viable businesses and giving the best possible advice to directors, creditors and stakeholders in any insolvency situation. This website that you are reading has been providing online advice to directors for 20 years. Many of our team have had direct personal experience of business distress and have felt that there are better ways to advise all those involved.
Your company has not recently had any communication from HMRC about arrears and ongoing payments. This is about to change. Read it here. HMRC will write to your company at its registered office warning that your company is in arrears and it should make payments immediately. Or contact HMRC debt collection departments to arrange a deferral, or a time to pay arrangement.
Usually it is pressure in the form of cash flow problems. Running a business is not an easy thing to do, being a director of a limited liability company, partner or member of a LLP can be a lonely place. You may be really good at running a business in the good times. But no one has trained you or your fellow managers for difficult times and nothing except experience prepares you for when the pressure starts to build.
High street names, once bastions of the High Street are using company voluntary arrangements to restructure their leases, to cut costs during the pandemic. But is this fair? Should I vote? These are just some of the questions we are being asked daily as CVA experts. Keith Steven has experience of dealing with over 500 CVA cases in 23 years, so he knows a thing or two about turnaround.
So how do you know if your business is insolvent? You may have studied the warning signs pages and learned that apparently insignificant issues can lead to business failure when combined. A company is deemed to be insolvent if it is unable to pay its debts as and when they are due, or the value of its liabilities is larger than the total value of its assets i.e. it has a negative balance sheet.
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