GB Insolvency specialise in assisting company directors who are faced with creditor or financial pressure. Whether, you want an inexpensive business closure or you wish to rescue your business, we can help. We appreciate that every business is unique and we will take your specific circumstances into account
OUR COMMITMENT TO YOU
GET IN TOUCH
We start by listening to you. Your circumstances are unique to you and your business. Our starting point will be to ensure that we fully understand what you want to achieve for your business.
We pride ourselves in offering a personal, non-judgemental service. We are a small team and that means you can speak to the person dealing with your case rather than a stranger.
Our advice is confidential and our staff are trained to the highest standards. Rest assured you are giving yourself the best possible chance of meeting your objectives to deal with your business.
OPTIONS FOR YOUR BUSINESS
An out of court process that is designed to protect the company from creditors and allow the business to either trade out of financial difficulties; or alternatively allow the company to be sold as a going concern in order to obtain the maximum value.
Directors can purchase the assets of the company leaving the company debt behind.
Company Voluntary Arrangement
A CVA is a process that is suitable where the core business is profitable. This is a legally binding arrangement between your business and its creditors to allow the company to continue trading. It can involve a percentage of the company debt being written off.
The Directors will remain in full control of the company and are protected from any legal action from the creditors included in the CVA provided the terms of the arrangement are met.
Non Insolvency Options
Depending on your circumstances there may be informal options for a company experiencing creditor pressure. These can include negotiating with creditors or obtaining emergency funding.
Take back control and contact GB Insolvency today on 01823 216156 for free advice to resolve your financial difficulties.
BUSINESS ADVICE YOU CAN DEPEND ON
GB Insolvency is a fully licensed Insolvency Practice and can advise on business closure. Our in house Insolvency Practitioner is a member of the IPA, R3 and a fellow member of the AAT.
The Insolvency Practitioners Association (IPA) are a membership body recognised for the purposes of authorising (licensing) Insolvency Practitioners (IPs) under the Insolvency Act 1986. They are the only one of the recognised bodies that focus solely on insolvency.
The Association of Business Recovery Professionals (R3) is active in raising awareness with individuals and businesses on the key benefits in obtaining financial advice and providing greater information to wider audiences.
The Association of Accounting Technicians (AAT) are the UK’s leading qualification and membership body for vocational accountants.