Company Rescue

Our Blog is to inform accountants what tools are available for restructuring distressed but viable companies. We use CVA's, CVA and Hive Downs, pre-pack Administrations and liquidation to restructure companies. We have rescued over 400 companies with CVAs and helped with turnaround advice many more. We feel that many accountants often realise there is a problem with a company before the directors know! We have an extensive website at www.companyrescue.co.uk with hundreds of pages of informative content.

Latest posts

Oct

15

HMRC Levying Distraint

HMRC has the power to take your client's business assets and sell them at auction in settlement of an unpaid tax bill. This process is called “distraint”.

Aug

31

Free Seminar for Accountants in Birmingham Area

A Seminar on the CVA process in Birmingham

CVAs have been in the press recently with Glasgow Rangers and Fitness First both proposing them as ways to rescue and restructure their businesses and even Travelodge..

Jul

24

Overdrawn Directors Current Accounts

In more than 75% of our enquiries from directors of struggling companies, we find that this is a major problem. So what is an "overdrawn director's current account?"

Jul

09

Warning signs of a business in trouble

2

Below are the tell tale signs that a company is in trouble. Many of them seem obvious and some not so obvious. As a professional advisor you may not know all the information but asking some questions should give you some pointers.

Jun

15

Ways to finance and refinance a business

Finance and Refinancing in 2012/13

May

14

Insolvency Statistics spun as usual

The latest insolvency statistics showing figures for the first Quarter (Q1) have been met with the usual wailing and spin by the press and those who stand to benefit from any increase in insolvencies. Yes we work in the industry but we are going to report on the statistics how we see it.

Sep

20

Calling all Scottish Accountants

Is the company rescue mechanism the Company Voluntary Arrangement or CVA underused in Scotland?

Aug

04

How to advise your clients if they are struggling financially

Keith Steven of turnaround and insolvency practitioners KSA Group Ltd sets out how your accountancy firm can help clients, avoid sudden closures and protect

May

25

HMRC are less inclined to offer Time to Pay Deals but Dont panic if one has been refused

Time to Pay Programme

Jan

27

Overdrawn Partnership Accounts

Partnership Overdrawn Current Accounts

In limited companies overdrawn directors current accounts are a common problem when companies face an insolvency situation