Business
Is your company facing insolvency? At some point in their lives, most businesses encounter cash flow or working capital difficulties. This may be a result of slow payment by customers, or even rapid growth resulting in overtrading.
However profitable a business may be, if these issues are not addressed quickly and decisively, the future viability of the business could be severely compromised.
Whatever the cause of the difficulties, Gorvins’ team of company insolvency specialists will help you get things back on track or, if that’s not possible, manage the situation to the best possible outcome.
To speak to a specialist insolvency solicitor call us on 0161 930 5151, e-mail corporaterecoveryteam@gorvins.com or fill in our enquiry form and we will call you back at a time to suit you.
We will advise you on the best way to resolve the situation, working as required with your accountants, bank and other professional advisors to achieve:
Where serious and sustained financial difficulties arise, it may be that some form of insolvency process must be considered. We will review all the options with you to achieve the best possible outcome for you, your shareholders and finance providers, whether this involves:
You and your fellow directors may have also have given Personal Guarantees to the Bank to secure overdraft and loan facilities. Where this is the case, you and your directors could face severe financial hardship, and even personal bankruptcy, if the wrong decisions are made in relation to your business’ financial affairs.
Gorvins’ insolvency recovery team will help you to ensure that the right decisions are taken at every stage, minimising the effect of your business’ financial difficulties on your personal financial situation.
Discuss your issue with one of our specialist insolvency solicitors today on 0161 930 5151, e-mail corporaterecoveryteam@gorvins.com or fill in our enquiry form and we will call you back at a time to suit you.
