Real Business Rescue
Real Business Rescue
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How can I save a failing business?
How can I save a failing business? Over the years we've had a number of owners and directors that have come to us in distress asking the question my company's failing what can I do?
There is no simple answer to that question but what we can tell you is there's no time to lose if you're experiencing cash flow problems and unable to pay your debts don't wait until you've been issued with a winding up petition the moment you find that your priority bills are not getting paid on time this is the time to look carefully at what's going on and there are multiple number of reasons for business failure.
Perhaps it's a matter of not being able to collect due invoices on time or it could be your business model needs restructuring whatever the reason is we can help and support you if you'd like a confidential chat about a distressed business please call us at Real Business Rescue or click on the link below.
www.realbusinessrescue.co.uk/company-insolvency/my-company-is-struggling-financially-what-are-my-options
#realbusinessrescue #cashflow #windinguppetition
Переглядів: 4

Відео

What happens when bailiffs are chasing me for Ltd Company Debts
Переглядів 1014 годин тому
What happens if Bailiffs are chasing me for limited company debt? So to get straight into this a limited company is a separate legal entity to the company director so if a bailiff is appointed to seize items only the possessions owned by the limited company can be repossessed if you've not been able to reach an agreement with a creditor for a debt that you owe it is likely that the bailiff will...
Can HMRC chase a dissolved company?
Переглядів 8День тому
Can HMRC chase a dissolved company? So dissolution is only suitable for solvent companies that are debt free so if you dissolve a company with tax debts, HMRC can chase payment for up to six years from the date of the dissolution. However if they believe fraud is taking place or director negligence they can chase for up to 20 year HMRC can then reinstate the company and investigate the affairs ...
What are antecedent transactions?
Переглядів 6День тому
What are antecedent transactions? So antecedent transactions are specific types of transactions that were made prior to a company entering into formal insolvency proceedings such as a liquidation. What's important to know here is that they may be reversible by a liquidator or an administrator if the company was insolvent at the time they were made or if the transactions caused the company to be...
What are creditors rights during a liquidation?
Переглядів 514 днів тому
What are creditors rights in a liquidation process? So in a voluntary or compulsory liquidation process both secured and unsecured creditors have certain rights as far as secured creditors are concerned there is a defined hierarchy for a payment that allows them to be repaid ahead of other creditor groups there is also a general Assumption that unsecured creditors have few rights during liquida...
What happens to a director during a company liquidation?
Переглядів 1214 днів тому
What happens to a director during a Company Liquidation? If your business is insolvent and you enter into liquidation or indeed if you're forced into liquidation by a creditor it's a good idea to prepare yourself for what's coming during the liquidation process your role as company director changes dramatically. Firstly you will no longer have control over the company and anything that it owns ...
How do I close a company that has never traded?
Переглядів 921 день тому
How do I close a company that has never traded? Now limited companies that never trade are relatively common it's not unusual to set up a company and then go in a completely different direction a company that has never traded won't have employees creditors or assets which makes the closure process pretty simple. Your options are to make the company dormant or you can close the company down by t...
What is a directors conduct report in Liquidation?
Переглядів 1321 день тому
What is a directors conduct report during Liquidation? So when an insolvent company enters liquidation one of the liquidators key duties is to investigate the causes of its financial decline and this includes looking into the conduct of directors during the time leading up to the insolvency. So these findings are then put into a Directors report with any further actions that may be needed the r...
Difference between a Voluntary and a Compulsory Liquidation?
Переглядів 13Місяць тому
What is the difference between a voluntary and a compulsory liquidation? So when it comes to company liquidation there are two main forms that this can take a voluntary and a compulsory liquidation. Now while both involve formal closure of a limited company there are several key differences the main difference is in the way they are initiated and also in the manner in which the liquidator is ap...
What is Business Restructuring?
Переглядів 20Місяць тому
What is Business Restructuring? Restructuring a company involves changing the existing financial operational and legal structure to improve the efficiency profitability and cash flow of a business restructuring comes in a variety of forms and can include a process of refinancing streamlining and corporate simplification. Although the process of restructuring can be utilised by healthy companies...
What happens to employees in a liquidation?
Переглядів 23Місяць тому
What happens to employees when a company is liquidated? When a company is liquidated all employees will be made redundant as part of the process and this is because with a liquidation it means that the company ceases to exist as a legal entity and therefore all trade must stop upon the company entering a formal procedure staff will be entitled to claim redundancy pay along with other statutory ...
What is a Company Voluntary Arrangement?
Переглядів 20Місяць тому
What is a Company Voluntary Arrangement? A Company Voluntary Arrangement is a formal insolvency process which functions as a payment plan that is entered into by the indebted company and its creditors CVAs typically last between three to five years and during which time the company will make a series of monthly repayments which will then be distributed amongst creditors on a proportional basis ...
What is the Future of a Members Voluntary Liquidation? - (BADR)
Переглядів 638Місяць тому
What is the future of Members' Voluntary Liquidations with a potential removal of Business Asset Disposal Relief (BADR) in the October budget? So with the October budget nearly upon us there's a lot on directors' minds as there are concerns that Members' Voluntary Liquidations (MVL) will be affected if business asset disposal relief is abolished. And we know that MVLs are an extremely efficient...
What is a Time To Pay Arrangement?
Переглядів 24Місяць тому
What is a Time To Pay Arrangement?
What Happens If You Cannot Pay Corporation Tax?
Переглядів 33Місяць тому
What Happens If You Cannot Pay Corporation Tax?
What Happens If I Can’t Pay VAT?
Переглядів 29Місяць тому
What Happens If I Can’t Pay VAT?
What Are The Risks Of Trading Whilst Insolvent?
Переглядів 17Місяць тому
What Are The Risks Of Trading Whilst Insolvent?
How to Close Limited Company?
Переглядів 272 місяці тому
How to Close Limited Company?
What is a Winding up Petition
Переглядів 232 місяці тому
What is a Winding up Petition
What is Company Insolvency?
Переглядів 302 місяці тому
What is Company Insolvency?
Unable to pay Company Debts?
Переглядів 142 місяці тому
Unable to pay Company Debts?
Am I Liable for Company Debts?
Переглядів 152 місяці тому
Am I Liable for Company Debts?
What is an Insolvency Practitioner?
Переглядів 192 місяці тому
What is an Insolvency Practitioner?
How Do I know If My Company Is Insolvent?
Переглядів 262 місяці тому
How Do I know If My Company Is Insolvent?
Can you Strike Off a Limited Company with a Bounce Back Loan?
Переглядів 282 місяці тому
Can you Strike Off a Limited Company with a Bounce Back Loan?
Don't Get Caught By Lead Generation Firms
Переглядів 202 місяці тому
Don't Get Caught By Lead Generation Firms
What is a Company Administration?
Переглядів 403 місяці тому
What is a Company Administration?
What does Company Liquidation mean?
Переглядів 343 місяці тому
What does Company Liquidation mean?
Key Messages from Company Directors In Financial Distress
Переглядів 223 місяці тому
Key Messages from Company Directors In Financial Distress
Do Directors go to Court to Liquidate a Company?
Переглядів 473 місяці тому
Do Directors go to Court to Liquidate a Company?

КОМЕНТАРІ

  • @xchelseawilliams
    @xchelseawilliams Місяць тому

    🙌🏻

  • @aymanfazeli6605
    @aymanfazeli6605 Місяць тому

    very useful video, thanks for sharing

  • @DennisTaylorSM
    @DennisTaylorSM Місяць тому

    Great advice

  • @SolventLiquiation
    @SolventLiquiation Місяць тому

    Great advice

  • @SolventLiquiation
    @SolventLiquiation Місяць тому

    Very well explained.

  • @sophiebarton1455
    @sophiebarton1455 2 місяці тому

    Great video!

  • @shaunbarton9831
    @shaunbarton9831 3 місяці тому

    really useful

  • @xchelseawilliams
    @xchelseawilliams 3 місяці тому

    Thanks for the honest information, this is really helpful

  • @xchelseawilliams
    @xchelseawilliams 3 місяці тому

    This is very informative and useful to know! Great video 😊

  • @xchelseawilliams
    @xchelseawilliams 3 місяці тому

    Very insightful

  • @DennisTaylorSM
    @DennisTaylorSM 3 місяці тому

    Really useful to know this 👍🏻

  • @KathrynHall-y5t
    @KathrynHall-y5t 3 місяці тому

    Great advice 👍🏻

    • @realbusinessrescue
      @realbusinessrescue 3 місяці тому

      We're glad you found it helpful Kathryn, we're just a phone call away if you need any further assistance. ☎ 0808 253 3846

  • @xchelseawilliams
    @xchelseawilliams 3 місяці тому

    Very informative

  • @xchelseawilliams
    @xchelseawilliams 3 місяці тому

    Great channel and great company!

  • @vickybarton9381
    @vickybarton9381 3 місяці тому

    Always useful to get advice on how to deal with HMRC - they provide a great service 🙂

  • @vickybarton9381
    @vickybarton9381 3 місяці тому

    Really useful and well explained 😊

  • @vickybarton9381
    @vickybarton9381 3 місяці тому

    A great video explaining clearly what they do - very informative and useful! 😊

  • @vickybarton9381
    @vickybarton9381 3 місяці тому

    They provide a fantastic expert service - a great video explaining what they do! 😊

  • @sophiebarton1455
    @sophiebarton1455 3 місяці тому

    Great video! 👏👏👏

  • @DennisTaylorSM
    @DennisTaylorSM 3 місяці тому

    Some top quality advice for company directors on this channel, keep up the great work.

  • @andrewportch8441
    @andrewportch8441 2 роки тому

    Hi, great video, i had a compulsory strike off and it was suspended, can i sell company assets at this time? I.E car, no finance on but registered to the business, please help :)

    • @realbusinessrescue
      @realbusinessrescue 2 роки тому

      Hi Andrew, we can help with this but just need a bit more information. Please drop us an email at advice@realbusinessrescue.co.uk and one of our licensed IPs will review your situation and provide free advice. Thank you.

  • @businesswell2911
    @businesswell2911 2 роки тому

    Nice summary. So many lenders require PGs. It's so important the guarantor understands their responsibilities in the event of a default. Thanks for sharing.

    • @realbusinessrescue
      @realbusinessrescue 3 місяці тому

      Absolutely, it's an essential stage of the process, but many company directors aren't aware of the consequences.