In the current economic climate companies nationwide are finding trading conditions difficult. This is true of companies in the Perth area too. We have experience of assisting small and medium companies with the turnaround and recovery of their business and, when necessary, insolvency.
There are a number of recovery and insolvency services that our turnaround and recovery team can recommend for businesses in Perth facing financial difficulties.
Not every company in difficulty needs to enter a formal insolvency process. We can help you avoid this through drawing on our expertise in private equity, management buy-outs, preparation of the business model, financial modelling and business valuation.
Formal corporate insolvency process
Our priority is to advise you on how best to handle the financial difficulties facing your company and to achieve the best outcome for your company’s creditors.
We will advise you on the various options available, including administration, liquidation and Company Voluntary Arrangement (‘CVA’), and explore the most suitable option for your particular circumstance.
Our experienced staff work alongside specialist lawyers and valuation agents in the Perth area to ensure business assets are maximised in distressed circumstances.
Members voluntary liquidations
If your company is solvent but you wish to cease trading and distribute assets to shareholders then you may consider voluntary liquidation. This process can offer protection and an orderly wind down.
We also have extensive experience in dealing with group simplification, assisting organisations in dissolving dormant companies making their group structure more transparent and reducing operating costs.
The next step
If you think your business may be at risk of insolvency please contact one of our turnaround and recovery specialists.