Finance and Investment - Business Funding - Insolvency Advice For Companies and Businesses

Our team of professionals at RMT KSA are all passionate about saving viable businesses and giving the best possible advice to directors, creditors and stakeholders in any insolvency situation. This website that you are reading has been providing online advice to directors for 20 years.

Many of our team have had direct personal experience of business distress and have felt that there are better ways to advise all those involved. Our team is headed up by Keith Steven, the managing director, Iain Campbell, the operations director, and our 2 licensed insolvency practitioners Wayne Harrison and Eric Walls.

Our corporate advisors have many years of experience of talking to and negotiating with creditors, including banks and HMRC.

The regional managers have all held senior positions in companies and know how to help businesses in distress.

A deeper dive into companyrescue.co.uk

Common questions asked about www.companyrescue.co.uk

What is a Company Voluntary Arrangement (CVA)?

A Company Voluntary Arrangement (CVA) is a formal agreement between a company and its creditors to repay debts over a fixed period of time. It allows the company to continue trading while repaying its debts in a manageable way. A CVA can help a company avoid liquidation and provide a chance for financial recovery.

What is Creditors' Voluntary Liquidation (CVL)?

Creditors' Voluntary Liquidation (CVL) is a formal insolvency process that allows a company to wind up its affairs and distribute its assets to creditors. It is initiated by the company's directors and requires a vote from the company's creditors. CVL is often used when a company is unable to pay its debts and there is no reasonable prospect of recovery.

What is a Pre Pack Administration?

A Pre Pack Administration is a process where the sale of a company's assets is arranged before it enters into administration. The sale is then completed shortly after the appointment of an administrator. This allows for a quick and efficient sale, preserving the value of the company and maximizing returns for creditors. Pre Pack Administrations are often used to rescue a company's business and save jobs.

What happens to me as a director after company liquidation?

After company liquidation, as a director, you may face certain consequences depending on your actions leading up to the liquidation. If you have acted responsibly and in the best interests of the company, you may be able to move on without any personal liability. However, if you have been found to have acted wrongfully or in breach of your duties, you may face disqualification as a director and potential personal liability for the company's debts.

How can Company Rescue help me?

Company Rescue offers free and confidential advice to directors facing financial difficulties. We can help you explore your options, such as Company Voluntary Arrangements, Creditors' Voluntary Liquidation, and Pre Pack Administrations. Our experienced team can guide you through the process and provide support to help you navigate the challenges of insolvency. Contact us today for personalized assistance.

Some reasons to choose companyrescue.co.uk

Professional Service and Support

The company provides a professional service and offers personal support to clients. The team is available and sympathetic to the dire situations that businesses may be facing.

Expert Knowledge in CVA Process

The company has extensive knowledge in the Company Voluntary Arrangement (CVA) process and provides guidance to clients. This expertise helps businesses navigate through the CVA process successfully.

Wide Range of Services

The company offers a wide range of services to assist businesses in various stages of financial distress. These services include HMRC Time to Pay Arrangement, Company Voluntary Arrangement (CVA), and Members Voluntary Liquidation (MVL) process, among others.

Rescue Stories

The company shares success stories of businesses in the care sector and education industry that have been rescued through their services. These stories demonstrate the company's ability to help struggling businesses overcome financial difficulties.

Accessible Advisors and Testimonials

The company provides accessible advisors who can answer questions and provide advice to clients. They also have testimonials from satisfied clients, showcasing the positive experiences and outcomes achieved through their services.