If your business is facing financial difficulties, you're not alone. Taking action now can make the difference between recovery and closure. Learn what you can do and why seeking expert help quickly is crucial.
When your business faces financial trouble, you have several options. The key is understanding which path is right for your situation and acting quickly.
Work directly with your creditors to arrange payment plans, reduce debt, or gain breathing room. Many creditors prefer negotiation over legal action.
A formal agreement with creditors to pay back debts over time. Allows your business to continue trading while managing debt repayment.
A licensed professional takes control to protect the company and maximize returns to creditors while exploring rescue options.
Secure additional funding through investors, directors, or alternative finance to stabilize operations and pay pressing debts.
Sell the entire business or key assets to generate funds to pay creditors, potentially saving jobs and value from the company.
If rescue isn't viable, an orderly wind-down ensures fair distribution to creditors and proper closure, protecting directors from wrongful trading.
Our experts can assess your situation and recommend the best path forward – usually within 24 hours.
Get Free ConsultationMany business owners wait too long before seeking help, often because of stigma, denial, or hope that things will improve on their own. Unfortunately, delay usually makes the situation worse and limits your options.
The earlier you seek help, the more rescue options remain available. Delay can force liquidation when CVA or administration might have saved the business.
Continuing to trade while insolvent can lead to personal liability for wrongful trading. Early action protects you legally and financially.
Acting quickly preserves asset value and relationships, often resulting in better outcomes for everyone involved, including creditors.
Early intervention maximizes the chance of saving the business and protecting employee jobs, which is better for everyone.
Key Insight: Most successful rescues happen when directors seek help at the early or middle stage, not when they're in crisis.
Recognizing these warning signs early can make all the difference. If you're experiencing any of these, it's time to seek professional advice.
Unable to pay suppliers, staff, or taxes on time
Debts increasing faster than you can pay them
Receiving court papers or bailiff notices
Bounced checks, maxed overdraft, frozen accounts
Tax arrears, VAT demands, or winding-up petitions
Late wages, redundancy considerations, or low morale
Revenue falling with no recovery in sight
Losing sleep, health suffering, relationship strain
Not opening mail, avoiding calls from creditors - See all warning signs
Don't wait until it's too late. Our team of experts can confidentially assess your situation and provide clear guidance on your options – with no obligation.
All conversations are completely confidential
Our team has decades of combined experience helping UK businesses navigate financial difficulties. Learn more about us.
We review your financial situation confidentially and provide an honest assessment of your position and available options.
We explain all your options in plain English, including pros, cons, costs, and likely outcomes for each approach.
If you choose to proceed, we handle all aspects of the process, dealing with creditors and regulatory requirements on your behalf.
Whether rescuing your business or closing it properly, we ensure the best possible outcome and help you move forward with confidence.
Dedicated professionals with extensive business recovery knowledge
We've helped hundreds of businesses across all industries
All conversations are private and protected
Initial consultation is free with no pressure to proceed
We serve businesses throughout the UK - London, Manchester, Birmingham & beyond
No jargon – just clear, actionable guidance
Our team is fully qualified and regulated by recognized professional bodies, ensuring you receive expert guidance you can trust
We understand you may have concerns. Here are answers to the questions we're asked most often.
Not necessarily. Many of the options available – such as CVA, administration, or cash injection – are designed specifically to rescue businesses. The earlier you seek help, the more rescue options remain available. Even if closure is the best option, doing it properly protects you legally and can preserve value.
Yes, absolutely. Our initial assessment is completely free with no obligation to proceed. Everything you discuss with us is strictly confidential and protected by professional regulations. We're here to help, not judge, and we'll give you honest advice about your situation.
In most cases, directors are not personally liable for company debts (unless you've provided personal guarantees). If liquidation is handled properly and you've acted responsibly as a director, you can move forward and even start a new business. However, if you continue trading while insolvent without seeking help, you could face personal liability for wrongful trading – which is why early action is so important. Learn more about director protection.
Costs vary depending on the option you choose and the complexity of your situation. We'll provide a clear fee structure upfront before you commit to anything. In many cases, fees can be paid from company assets or spread over time. The initial consultation is always free, and we'll discuss all costs transparently during our conversation.
We understand urgency. In most cases, we can provide an initial assessment within 24-48 hours. If immediate action is needed (for example, to prevent a winding-up petition), we can often mobilize within hours. The sooner you contact us, the more options we have to help. Get emergency support now.
That's exactly when you should reach out. Early conversations often reveal that situations aren't as dire as feared, or they identify simple steps that can prevent bigger problems. Even if you don't need our services immediately, getting expert perspective on your concerns is valuable and could save you significant stress and money down the line.
No. Your initial contact and consultation with us is completely confidential. We won't contact creditors or anyone else without your explicit permission. Many business owners speak with us several times to understand their options before deciding on any course of action, and their creditors never know they consulted with us.
Still have questions? Visit our full FAQ page or speak with an expert.
Speak with an ExpertYour business challenges don't define you. How you respond to them does. Whether you're looking to rescue your business or close it responsibly, we're here to guide you through every step with expertise, empathy, and confidentiality.
Don't Wait Until It's Too Late
Every day you delay reduces your options and increases the risk. The best time to seek help is now – while you still have choices. Explore our free crisis resources or take our crisis assessment.