Business insolvency advice in Dundee
Distinguish business income from development funding
A Dundee company investing in a product or project may have limited trading income while development continues. Separate sales receipts from loans, investment and conditional support. The funding plan needs to show how essential bills will be paid if the next stage takes longer.
Identify contractual milestones, ownership of intellectual property and commitments to staff or suppliers. Scottish procedures should be considered where applicable, using the company's registration and circumstances. If the remaining funds cannot support completion, discuss the alternatives before making further expenditure commitments.
Speak to an adviser
Quote Dundee 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 Dundee and the surrounding area
We support company directors in Dundee, Dundee City, including businesses in the DD1 postcode district. You can also contact us from Broughty Ferry, Monifieth, Invergowrie, Tayport. 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 income and recurring technology costs
A Dundee digital business may have irregular project receipts but monthly software, staff and hosting commitments. Review the confirmed project schedule and protect essential customer access. Scottish company and personal insolvency questions should be distinguished when assessing the appropriate route.
The problem and possible next steps
Pressure from several creditors: put amounts, due dates and any enforcement action into one schedule. A cash-flow review helps distinguish a timing problem from a business that cannot support its debts.
No affordable recovery: take advice on company liquidation before committing more funds. Asset ownership, employees, leases and guarantees all need consideration; simply ceasing trade does not settle these obligations.
For companies registered in Scotland, the relevant Scottish procedure must be checked before formal action. A trading postcode alone does not determine jurisdiction.
For issues involving it, see our sector guidance. We consider the business’s actual contracts, costs and liabilities rather than assuming every company in Dundee faces the same problem.
Questions from Dundee business owners
Should development costs be treated as the value of the project?
Not automatically. Money spent does not establish what another party would pay or what the company can recover. Rights, commercial demand and remaining work all affect the assessment.
Do you help businesses in DD1 and around Dundee?
Yes. Our enquiry service covers Dundee and nearby areas including Broughty Ferry, Monifieth, Invergowrie. DD1 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.
How should recurring subscriptions and unfinished projects be treated?
List subscription commitments, cancellation terms, customer prepayments and the work still owed to clients. Recurring revenue is useful only if the cost of supporting it leaves enough cash to meet ongoing bills and any proposed debt payments.
What should I have ready when discussing my Dundee 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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