Business insolvency advice in Brighton
Separate cash generated from sales shown in the accounts
For a Brighton company selling through several channels, turnover may be split between direct payments, platform settlements and unpaid invoices. Reconcile each channel to the bank and deduct fees, refunds and amounts being held back. Reported sales can otherwise overstate money available for bills.
A recovery review should show which activities make a contribution after their true costs. If a channel is losing money, further sales can deepen the problem. Discuss the viability of changing the business before assuming that new borrowing or a payment plan will be sufficient.
Speak to an adviser
Quote Brighton and tell us your postcode so we can discuss suitable arrangements.
If a notice has a deadline, give us the date and the type of notice at the start of your enquiry.
Support across Brighton and the surrounding area
We support company directors in Brighton, East Sussex, including businesses in the BN1 postcode district. You can also contact us from Hove, Portslade, Rottingdean, Saltdean. Give us your full trading postcode and company details so the discussion starts with the right business and location.
Initial support is available by telephone and online enquiry. The locations listed describe our service coverage; they are not advertised walk-in offices. Any proposed meeting needs to be arranged in advance.
Project deposits and uncertain completion costs
A Brighton creative or events company may use new deposits to cover earlier projects. Compare every live assignment’s receipts with its remaining delivery costs. This helps identify whether repricing, a smaller workload or a formal insolvency discussion is required before more commitments are accepted.
The problem and possible next steps
Tax arrears: if VAT, PAYE or Corporation Tax is overdue, review whether the business could afford a payment proposal alongside new bills. HMRC Time to Pay requires HMRC’s agreement; it is not an automatic write-off.
Debts that trading cannot repay: compare business rescue with an orderly closure. A licensed insolvency practitioner must handle any formal appointment, and the appropriate route depends on the full financial position.
For issues involving events, see our sector guidance. We consider the business’s actual contracts, costs and liabilities rather than assuming every company in Brighton faces the same problem.
Our guidance draws on experience in business debt and insolvency matters since 2000. We use that experience to explain the available options and the information needed to assess them.
Questions from Brighton business owners
What if a payment platform retains part of the takings?
Show the retained balance separately, with the expected release date and any conditions. Do not count it as immediately accessible working capital when assessing wages, rent or tax payments.
Do you help businesses in BN1 and around Brighton?
Yes. Our enquiry service covers Brighton and nearby areas including Hove, Portslade, Rottingdean. BN1 is one example postcode district, rather than a boundary for advice. Tell us your full postcode and where the company is registered when you contact us.
Can advance ticket or event income be used to clear old debts?
Review the obligations attached to that income first, including delivery costs and possible refunds. A full bank account can hide a future shortfall. Set out each event’s remaining costs before assessing what funds are genuinely available.
What should I have ready when discussing my Brighton company?
Prepare a summary of creditors, cash available, unpaid customer invoices and the next essential payments. Include tax arrears, finance agreements and any personal guarantees. Mention legal notices and their deadlines at the start; you do not need a finished recovery plan to make an initial enquiry.
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Company rescue and liquidation services · HMRC arrears support · Director responsibilities
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