Business insolvency advice in Cardiff
Build an affordable proposal from current trading
A Cardiff company with tax or supplier arrears needs to establish what it can pay after meeting the cost of ongoing work. Start with recent bank activity and the next few weeks' receipts, rather than a turnover target. Include current liabilities as well as debts already overdue.
That assessment helps distinguish a business that may recover from one needing a formal closure discussion. If employees, leases or customer contracts would be affected, include them before comparing options. Wider business support may be useful, but it does not replace insolvency advice where creditor losses are a concern.
Speak to an adviser
Quote Cardiff 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 Cardiff and the surrounding area
We support company directors in Cardiff, South Wales, including businesses in the CF10 postcode district. You can also contact us from Penarth, Barry, Caerphilly, Radyr. 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.
Several revenue streams with different margins
A Cardiff service business may have one profitable activity supporting another that consistently loses cash. Separate the activities before discussing rescue. Review staffing, contracts and shared overheads so any proposed change addresses the whole company rather than relying on one encouraging headline figure.
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 professional services, see our sector guidance. We consider the business’s actual contracts, costs and liabilities rather than assuming every company in Cardiff 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 Cardiff business owners
Can a repayment proposal use all the forecast surplus?
Leave realistic allowance for fluctuations and essential spending. A proposal that fails after a small delay in receipts may not be sustainable, even if its headline monthly payment looks attractive.
Do you help businesses in CF10 and around Cardiff?
Yes. Our enquiry service covers Cardiff and nearby areas including Penarth, Barry, Caerphilly. CF10 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 a profitable firm still need insolvency advice?
Yes. Fees recorded as income do not necessarily provide cash for wages, tax or rent. Review unpaid and unbilled work, client disputes and the cost of completing current assignments alongside the business’s total liabilities.
What should I have ready when discussing my Cardiff 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.
Explore your options
Company rescue and liquidation services · HMRC arrears support · Director responsibilities
Browse all locations or request a confidential discussion about your Cardiff business.
Other Wales coverage guides: Llandudno · Newport · Swansea. Browse all areas.