Business insolvency advice in Manchester
Review whether growth is producing cash or consuming it
A Manchester company can report rising turnover while depending increasingly on overdrafts, tax arrears or director funding. Compare cash collected with the cost of generating those sales. Identify whether recruitment, premises and delivery expenditure have grown faster than the money coming in.
The review should establish what the business would look like at a sustainable scale. Restructuring may be possible where a viable core remains, but it needs achievable assumptions and funding. If losses persist after realistic changes, discuss liquidation before additional debt increases the exposure.
Speak to an adviser
Speak to our Manchester team or arrange a meeting at 82 King Street.
If a notice has a deadline, give us the date and the type of notice at the start of your enquiry.
Support across Manchester and the surrounding area
We support company directors in Manchester, Greater Manchester, including businesses in the M1 postcode district. You can also contact us from Salford, Stretford, Prestwich, Chorlton. 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. Our Manchester office is at 82 King Street, Manchester M2 4WQ. Please arrange any in-person meeting in advance.
A growing company with a shrinking cash buffer
A Manchester agency or consultancy may expand its client book while needing more staff and subcontractors. Track the time between completing work and collecting payment. A rescue assessment should show whether growth creates a cash surplus or simply adds further commitments the company cannot yet fund.
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 Manchester faces the same problem.
Questions from Manchester business owners
Is a profitable profit-and-loss account enough to support a rescue?
It is one part of the evidence. Debtor recovery, loan repayments, tax, asset purchases and timing can produce a cash shortfall even when accounting profit is reported.
Do you help businesses in M1 and around Manchester?
Yes. Our enquiry service covers Manchester and nearby areas including Salford, Stretford, Prestwich. M1 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 Manchester 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.
Where is your Manchester office?
Our Manchester office is at 82 King Street, Manchester M2 4WQ. Use the Google Maps link on this page for our exact listing and directions. Please arrange any in-person meeting before travelling.
What are the Manchester office opening hours?
The Manchester office is open Monday to Friday, 9am to 5:30pm, and closed on Saturday and Sunday. Call 01246 912052 or submit the online enquiry form to discuss your company’s position.
Explore your options
Company rescue and liquidation services · HMRC arrears support · Director responsibilities
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Our Manchester office
Business Insolvency Helpline: Manchester Office
82 King Street
Manchester M2 4WQ
Telephone: 01246 912052
View our Manchester office on Google Maps
Please arrange any proposed in-person meeting before travelling.
Opening hours
Monday to Friday
9am–5:30pm
Saturday and Sunday
Closed
Find us in Manchester
82 King Street, Manchester M2 4WQ.
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