Helping your business in difficult times
(stop this box auto launching)If you are reading this then chances are that you are asking yourself a few questions, the most common being 'is my business insolvent?'…
Click for moreA CVL is the most common type of insolvency process in England and Wales. When people talk about a company ‘going bust’ or similar a CVL is usually what they mean…
Click for moreThis is when your company is solvent, but you and your fellow directors wish to cease trading and wind up the company. It works by realising all the assets...
Click for moreIf you arrived because you were looking for information on Insolvency or Bankruptcy, we know from decades of experience that you have a lot on your mind right now. Questions such as “Is my business insolvent?” are probably keeping you awake at night, but the chances are that the research you are doing is just returning a lot of technical jargon.
Don’t worry, this site was created to help you when you need it most.
Facing potential Insolvency is a worrying and difficult time. We think what you really want right now is:
The first thing to do is look around the information we have provided here. It will give you the answers you want in clear English. If anything makes you think you need help, (or if you came here knowing you are facing insolvency) contact us right away. There will always be a button to press to arrange a free first discussion where we can decide what to do next.
These are difficult times, and right now you are not alone if you are looking at insolvency. If you are the director of a limited company the best thing to do is visit our sub-site ‘help for directors’ you will find a lot of the information you need and also how to contact us if you need our help.
While personal bankruptcy is perhaps less common than company insolvency, it is often more difficult to deal with emotionally. Worries over losing your home or how difficult things will be for your family are probably uppermost in your mind. The first piece of advice is to act now. Look at our personal bankruptcy section and see where you stand. If you think you need help, then we can start to look at options.
Do you owe money to HMRC? Are you concerned about paying them or already owe them money? If the answer to these questions is ‘yes’ or even ‘maybe’, our pages on ‘HMRC arrears’ will give you clear information on what that could mean.
We have a section dedicated to solvent liquidation that will clarify where to start and what you need to do if you are closing your business to retire or move on. A good place to start would be our downloadable guide which explains the process of how to release the money in your business to the shareholders so you can move on in life.
Why we can help
We’ve been working in the insolvency and recovery sector as licenced insolvency practitioners in and around Leicester, Warwickshire, Coventry, and Northampton, since 1990. Just as importantly though, we understand people. Whatever we are working towards with you, we recognise that you are also dealing with the distress and unhappiness that accompanies a financial crisis - whether business or personal we understand and we want to help.
You don’t need to be molly-coddled; you need honest and actionable support and advice. But that doesn’t mean we don’t have empathy for what you are going through. Part of our commitment to you will be making sure that all processes are carried out as smoothly and quickly as possible. We will always look to make all this happen with the minimum of stress to you and your colleagues, partners, or employees.
Read more about our Three Pillars of Principle here to see what underpins everything we do for you.
Where we can help
Business Insolvency: Clear, straightforward guidance and support, using our skill and experience to point you down the right path for you.
Personal Insolvency: Supporting you with empathy and clarity through difficult personal financial circumstances.
Partnership Insolvency: Supporting you and your partners through the tough decisions that come with insolvency.
Business Advice: Using our years of experience to advise you with issues concerning Restructuring, Refinancing, Debt Collection and Exit Strategies.
Members Voluntary Liquidation: When it is time to call it a day and retire or perhaps just release the cash in a solvent business to move on in life, we can support you to get the best result from an MVL.
If you feel you may need any of our services, click below to book your free initial appointment.
We’ve been working in the insolvency and recovery sector since 1990. But our experience doesn’t only cover the complex financial elements of insolvency, liquidation and recovery. We also understand people. We have a close empathy with the distress and unhappiness that accompanies financial crises - whether business or personal. Read more about our Three Pillars of Principle
Find out more about our insolvency, liquidation or recovery service. Learn how we can support you with clear, straightforward and empathetic guidance and support.
Call us on 0116 2967507 (Leicester), 01926 969000 (Warwick), 02476 0179639 (Coventry) or 01604 263179 (Northampton), or email us on info@smartbusinessrecovery.co.uk