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

How can we help?

One of these routes may fit your situation. You do not need to know all the answers.
The business has a future, but cash flow, tax arrears or creditor pressure are getting in the way.
The company cannot pay its debts and you need to understand a responsible way forward.
Arrears are mounting up. There may be options to manage payments and respond to pressure.

Explore your business options

Clear explanations to help you understand the routes available. Explore guidance for your sector.
Understand the process of closing a company and dealing with its outstanding liabilities.
Explore a director-led liquidation where an insolvent company cannot continue.
Assess whether a viable business can recover through a practical restructuring plan.
Understand how an administrator takes control and assesses the available outcomes.
Explore whether a formal proposal to creditors could help a viable company continue.
Get support with VAT, PAYE and Corporation Tax arrears and HMRC correspondence.
Review affordability and prepare a repayment proposal for HMRC to consider.
A petition requires urgent attention. Understand the position and the action to consider.
Understand the factors that affect fees and how the process may be funded.
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.

What happens after you contact us

A straightforward conversation, followed by clear next steps.

01

A confidential first conversation

Tell us what has happened and what is worrying you most.

02

A clear review of your position

We consider the company’s debts, assets, trading position and any urgent deadlines.

03

Your options, explained in plain English

Understand the potential routes, the information needed and the questions to ask.

04

A route forward, at your pace

Agree the next step. Where formal insolvency is needed, a licensed insolvency practitioner must act.

Your questions, answered

Straight answers to common concerns. Your circumstances will determine the right approach.

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.

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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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.

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