Confidential guidance for company directors. Practical support when your business needs it.
WORRIED ABOUT HMRC OR CREDITOR PRESSURE?
BUSINESS INSOLVENCY & COMPANY RESCUE

Company rescue and
liquidation advice

Confidential company rescue, liquidation and HMRC debt guidance for directors across the UK. Understand your options and discuss the next step for your business.
✓ Confidential first conversation  ✓ Clear options explained  ✓ Support for UK directors
WHERE DO YOU NEED HELP?

Find the right path
for your business.

Financial pressure can create difficult decisions. Start with the challenge you are facing and understand the options that may be available.
01
Explore restructuring, administration and creditor arrangements that may help preserve a viable business.
02
Understand company liquidation and directors’ responsibilities.
03
Review tax arrears, Time to Pay proposals and urgent creditor action.
A PRACTICAL APPROACH

Good advice begins
with understanding
your position.

Whether your company can be rescued or needs to close, the right course of action depends on its finances, obligations and future prospects.

Our aim is to help you understand the implications and identify sensible next steps.

Explore your business options

Clear explanations to help you understand the routes available. Explore guidance for your sector.
Understand the options for closing a company, including voluntary and compulsory liquidation.
A formal closure procedure for an insolvent limited company.
Explore whether administration may help protect a business and achieve a statutory objective.
Illustrative business advice consultation
A practical conversation about your company and the choices ahead.

How we help your business

Financial pressure affects more than the balance sheet. We start by understanding your company, the immediate risks and what matters to you.

Understand your position

Look at debts, assets, cash flow and creditor action before choosing a route.

Compare your options

Consider rescue, repayment or closure in the context of your circumstances.

Speak in confidence

Discuss the position privately and take time to understand the next step.

Consider your responsibilities

Review guarantees, director’s loans and responsibilities alongside the company’s position.
WHY CHOOSE BUSINESS INSOLVENCY HELPLINE?

Clear guidance when the decisions matter most.

Financial difficulties can move quickly. We focus on helping directors understand the position, assess the available options and make informed decisions without unnecessary complexity.
02

Rescue and closure options

Explore whether restructuring, an arrangement with creditors or an orderly company closure may be appropriate.
03

Help with urgent creditor pressure

Understand the implications of HMRC arrears, statutory demands and winding-up proceedings.
04

Clear explanations for directors

We explain complex insolvency procedures in straightforward language, including potential responsibilities and risks.
Not sure which option is right for your company?
WHAT HAPPENS NEXT?

Four clear steps forward.

01

Explain your situation

Share the challenges facing your company and any urgent deadlines.
02

Review your position

Review the company’s debts, assets, cash flow and creditor pressure.
03

Understand your options

Explore potential rescue, restructuring or closure routes.
04

Plan your next move

Agree the next steps and identify the professional support needed.

Areas we advise

We support company directors across the UK by telephone and online, with offices in Chesterfield, Sheffield, Manchester, Birmingham and Derby. View office addresses, opening hours and maps.
Telephone and online consultations.
Our Chesterfield office
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Your questions, answered

We treat your enquiry confidentially and use the details you provide to respond to your request. An initial conversation does not commit you to an insolvency procedure or a paid service.

Company debts are normally separate from your own. Personal guarantees, an overdrawn director’s loan account and certain conduct can create personal exposure. Your position needs an individual review.

Liquidation closes a company and deals with its assets and liabilities. Administration places the company under an insolvency practitioner’s control to pursue a statutory objective, which may include rescue or a better outcome for creditors.

The cost depends on the company’s assets, creditors, records and the work required. Ask for a written explanation of fees, expenses and how they will be funded before making a decision.

Company insolvency does not automatically lead to disqualification. Your conduct may be reviewed, and unfit conduct can lead to action. You must co-operate with the appointed insolvency practitioner.

HMRC may agree a Time to Pay arrangement where the proposal is affordable. You must also be able to meet new tax liabilities. Approval and repayment length depend on your circumstances; neither is guaranteed.

HOW WE CAN HELP

Support for the decisions that cannot wait.

Company rescue: Explore ways to restructure viable businesses and manage creditor pressure.

Company liquidation: Understand the formal closure process and directors’ duties.

HMRC arrears: Consider repayment proposals and the implications of enforcement action.

Winding-up petitions: Understand urgent deadlines and available professional options.

Insolvency guidance

Useful starting points when you are weighing up your next move. Browse our insolvency advice hub.
Illustrative business advice consultation

What happens to directors when a company is liquidated?

Directors must co-operate with the liquidator. Personal guarantees and director’s loan accounts may need separate attention.
Illustrative modern office meeting room

Can a company keep trading while insolvent?

Seek advice promptly. Decisions must take account of creditors’ interests and must not worsen their position.
Company financial paperwork, notebook and calculator

How does HMRC Time to Pay work?

A payment arrangement must be affordable while allowing the company to meet its new tax liabilities.
LET’S TALK ABOUT YOUR NEXT STEP

Request a confidential consultation

Tell us briefly what has happened and we will contact you to discuss the next step.
CALL OUR TEAM
An initial, no-obligation conversation.

If a deadline is approaching

If you have received a statutory demand, winding-up petition or urgent HMRC correspondence, please mention the deadline when you contact us.
Advice depends on your individual circumstances. Formal insolvency appointments must be handled by a licensed insolvency practitioner.

Request a confidential call

We use the details you submit to respond to your enquiry. Please only provide information necessary for an initial conversation.
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