Business insolvency advice in Fareham
Review deposits, materials and customer ownership
A Fareham company carrying out bespoke work may hold materials bought for particular customers. Establish who owns those goods and how deposits have been accounted for. Contracts and payment terms can affect the treatment of unfinished orders.
For rescue planning, calculate the additional cash needed to complete each order and collect the final balance. For closure planning, retain clear records of ownership, location and customer commitments. Avoid moving or selling goods until the company's rights have been checked.
Speak to an adviser
Quote Fareham 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 Fareham and the surrounding area
We support company directors in Fareham, Hampshire, including businesses in the PO16 postcode district. You can also contact us from Portchester, Titchfield, Warsash, Stubbington. 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.
Financed machinery and constrained working capital
A Fareham manufacturing company may own less of its equipment outright than its asset list suggests. Obtain current finance balances and identify secured lending. The available rescue funds depend on realisable equity and affordable future payments, not the equipment’s original purchase price.
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 manufacturing, see our sector guidance. We consider the business’s actual contracts, costs and liabilities rather than assuming every company in Fareham faces the same problem.
Questions from Fareham business owners
Do materials on our premises always belong to the company?
No. They may belong to customers, suppliers or a finance provider. Keep contracts and invoices so ownership can be established before a sale, return or insolvency appointment.
Do you help businesses in PO16 and around Fareham?
Yes. Our enquiry service covers Fareham and nearby areas including Portchester, Titchfield, Warsash. PO16 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 financed machinery be sold to raise money?
Check ownership, finance terms and any security before arranging a sale. Equipment shown in the accounts may belong to a finance provider. An adviser needs the agreements and realistic asset values when comparing continued production with a possible closure.
What should I have ready when discussing my Fareham 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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