Help for Directors

All businesses face the occasional financial crisis but when they become a critical problem you need to know exactly where you stand. In our help for directors section, you will find specific information for answering your questions around if you are insolvent, what you need to do if you are and how it will affect you.

Creditors Liquidation

What is known as Creditors Voluntary Liquidation is the process that most businesses must go through if they are insolvent. It can be a difficult time for everyone involved, so we have created this special section of our site to give you the important facts about CVLs in a clear and down to earth way so you can see where you stand.

Members Voluntary Liquidation

This is when your company is still solvent, but you (and your fellow directors) decide it is time to call it a day and retire or move on to the next stage of your lives.  With an MVL, you will release the assets and use these funds to pay off the creditors before returning the remaining funds to the shareholders.

Business Restructuring

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Business Restructuring

One answer to rescue a struggling business is to restructure its debts, perhaps by selling off unnecessary assets.

Whenever possible, our goal is to avoid formal insolvency and return your business to financial health.

We’ll work with your stakeholders - lenders, creditors, shareholders and investors to identify a clear view of the current financial position, plus a projected long and short-term cash requirement forecast.

We’ll help you by analysing and explaining your debt restructuring options.

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Exit strategies

What is a Business Exit Strategy? Essentially, this would be your strategic plan to sell your ownership of your company to investors or to another ... more

Latest Blog

Yes, for those of you that watched ‘Game of Thrones’ you will appreciate that this is the threat of bad things happening. We have heard similar phrases being used in the press, such as ‘Winter of discontent, ‘Shortages’ and stories of empty shelves.

Yes, for those of you that watched ‘Game of Thrones’ you will appreciate that this is the threat of bad things happening. We have heard similar ... more

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Are you concerned for the future of your business? Is Restructuring your company debt an option? Contact the Refinance specialists

Call us on 0116 2325117 (Leicester), 01926 671891 (Warwick), 02476 017639 (Coventry), 01604 263179 (Northampton) or email us on info@smartbusinessrecovery.co.uk