We will detail the various options available to your company, highlighting the pros and cons of each particular option, and we will also identify the financial benefit to you and your business of each option.
We will recommend what we believe is the best course of action to save your business, bearing in mind the cost implication of each option available, and after this initial review of your company's circumstances, we will agree a fixed fee, which is normally based on the circumstances relating to your company's particular financial affairs, and will include all costs associated with transferring the business to a new, debt-free phoenix company.
In any scenario, we assure you that your business will significantly financially benefit, and be in a much stronger financial position, as all liabilities will be written-off, and if required, the transfer of ownership of the old company’s assets will include the book debts (sales ledger) of the old business, significantly improving the cash-flow of the business.
Costs will always be agreed in advance and fixed, and will be based solely upon the benefit directly achieved by your business, and in most circumstances, will be borne by the assets of the company itself, and therefore will not place a greater burden upon the financial resources of your business.
The costs involved in any insolvency procedure can be unclear and can prove to be ultimately very expensive. At Company Rescue we offer complete clarity of costs from the outset, and all costs, which will be based on the value of your company's business & assets, and more importantly, the benefits to your business, are fixed and final. The costs for a formal company insolvency start from as little as £2,500.
Initial advice to directors, including an initial review of your company's current finnacial position and options for the future, is of course free and totally confidential.
We offer a low cost, fixed price liquidation service from as little as £2,500 (subject to criteria), which will be designed specifically to your company's circumstances, and which can also enable the business to seamlessly continue via a debt-free phoenix company which can acquire the entirety of the company's assets.
In certain circumstances, Pre-Pack Administration, which costs from £3,000, may be appropriate. This procedure allows for an agreement to be put in place for the sale of the business to a debt-free phoenix company prior to the formal insolvency process being instigated, with the sale subsequently being ratified.
A Debt Management Plan may be appropriate where a company is struggling to pay its debts, but with some breathing space could well become profitable again. A more cost effective solution to a CVA, with all company debt moved into a manageable monthly payment, set-up costs start from £1,500.
For a free, strictly confidential chat, complete the contact form, call us, or click below for an instant WhatsApp chat.
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