Rescue and recovery
It is a well known fact that many business failures could have been avoided if the owners had taken the right advice at the right time. Some of the commonest causes of company collapse are bad debts, reduced demand, excessive borrowing, and low property values. All too often business owners do not face up to these problems until it is too late. The key is to seek professional help as soon as the first signs of difficulty appear. With timely advice a company may be saved from liquidation or receivership, particularly if there is a genuine profitable core to the business.
BHG is a licensed insolvency practitioner and has considerable expertise dealing with businesses and individuals with financial difficulties across a broad range of business sectors.
Whatever the nature or scale of a financial problem, we endeavour to identify and implement a pragmatic and commercial solution designed to achieve the optimum outcome for all parties involved.
The firm provides a value for money service where fees are always discussed openly and, if required, an estimate of costs can be provided before work is undertaken.
We provide a full range of services including:
- Viability reviews on behalf of banks, creditors, or investors
- Advice and assistance to businesses considered to be under-performing
- Support on corporate restructuring and raising additional finance
- Design, monitoring and implementation of a business rescue package
- Advice on the responsibilities and obligations of directors whose company is faced with insolvency
- Support for individuals in financial difficulty
- Assistance to debtors making proposals for a voluntary arrangement
- Guidance to third parties dealing with insolvent businesses
- Expertise on buying businesses from receivers, liquidators or administrators
- Assistance in reconstructions and winding-up insolvent companies
As a licensed insolvency practitioner, BHG is authorised to accept formal insolvency appointments as:
- Administrative receiver
- Receiver
- Administrator
- Supervisor of a voluntary arrangement
- Liquidator
- Trustee in bankruptcy
As always, an initial consultation with us is without charge or obligation.
People in financial difficulty invariably find that a brief meeting with us helps to eliminate many concerns, so help is at hand.
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Tax planning
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Specialist sectors
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