We are dedicated to help businesses throughout the UK, to deal with and move on from situations in which they may face financial difficulties.
No one likes to think about the possibility of things going wrong, if and when the worst does happen, it is reassuring to know that we have numerous contacts that are perfectly qualified to help you get through it.
Our team has a unique combination of commitment, professionalism, expertise and attention to detail and are only interested in you and your needs, not that of your creditors. This means we can deliver a solution that will always be best suited to your specific needs and circumstances.
When you are under growing pressure from the Banks, HMRC, (Tax or VAT issues) Creditors and possible house repossession, it can sometimes seem as if there is no way out.
However, our range of contacts can show you many practical alternatives and options by drawing on our unrivalled knowledge and experience, carefully co-ordinating each separate element to deliver a fully integrated, timely and above all, effective solution.
There is very little help out there for business. Accountants and Solicitors often do not understand your needs and indeed in some cases, “company law”, so invariably you get steered down the unnecessary path of Insolvency.
Why not contact us today to see what we can do to help your business?
Have you been effected by an LPA Receivership?
Have you been effected by an LPA Receivership? if so we can help fast.
Our associates are committed to working in your interests and no one elses, to protect your assets and minimize your liabilities. We have a network of professional lawyers, barristers, Insolvency Practitioners, Accountants, High Court Sheriffs and business angels that assist us in orchestrating the best possible course of action. By drawing on our unrivalled knowledge and experience, you will find that a problem shared is often a problem solved and those continuing sleepless nights will go away.
As many of our clients have found, with us on their side, not only has their business fully recovered but subsequently gone on to enjoy sustained success. We very much welcome the opportunity to assist and play a part in helping achieve the same for you.
Why not contact us today to see what we can do to help your business?
Asset Protection
Worryingly the majority of the companies that we visit do not have the correct protection in place for their assets. They may have taken advice from their accountant or simply believe that a Directors Loan offers all the protection they need. What they don’t realize is that if the company closes (or is forced to close) the Directors Loan would not receive any preference over any other creditor.
Our associates offer a proactive approach to protecting company assets; this can be done at any stage of business and guards against any action that may be taken. As companies tighten their belts to ride the financial storm, they are thinking of effective ways to collect their debts. This means that more companies are being issued with County Court Judgements (CCJs); these may be justified or may be part of a dispute. Even if the action taken is a dispute assets can be placed in jeopardy – protecting them correctly ensures that they cannot be taken.
Imagine if a bailiff walked into your premises today (if you premises are solely commercial they can enter without permission) – what could they take? In 99.5% of the cases they can take anything.
However there is a grey area in bailiff law which covers tools of the trade. It is a little known fact that when bailiffs refer to tools of the trade it only refers to one set. Therefore if for example the debtor runs a large hairdressers employing several hairdressers the bailiff only need leave one pair of scissors, one hairdryer, one set of combs etc. This was an amendment to the 1981 Supreme Court Act in 1996. It states:-
“Section 138(3a)(a)(i) such tools, books, vehicles and other items of equipment as are necessary to that person for use personally by him in his employment, business or vocation”
Imagine how that could ruin the livelihood of a business, it could be costly and time consuming to purchase new “tools” in a short space of time.
Some companies we have visited have illegally protected assets, they have done this with information they have retrieved from the internet. Luckily, we have now ensured that they are protected within the law. Illegally protecting assets could be construed as misconduct and is viewed dimly by the courts and action could be taken on the Directors personally.
Our associates specialize in legally protecting assets, this can be done quickly and conveniently and without disrupting trading. It doesn’t matter whether the company has just set-up, been trading seventy years has £30million or £10,000 turnover. What matters is they have assets that need protecting, this could be physical assets or money personally lent to the company.
All your assets can and must be protected, for your safety as well as your business, and this can be done quickly and conveniently and without disrupting trading.
Why not contact us today to see what we can do to help your business?
FREE Business Health Check
Hopefully your business will be thriving despite the current economic climate, but as I’m sure you’ll appreciate the majority are not. Many of our clients contacted us after they felt they could “bury their heads” no longer and at the eleventh hour,leaving your problems can be costly.
Our associates are now offering a business health check, this can be used at any stage of business and whether you are a sole trader or a large Limited company. Any problems starting to surface can be “nipped in the bud” and you may find new ways of increasing profitability!
This is a FREE service and as with all our services there is no obligation to act upon any advice given.
Why not contact us today to see what we can do to help your business?
