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Insolvency  

Helping you reverse business failure… or obtaining the best exit.

Are you on the business decline curve? This illustration clearly shows the stages a business will go through as it encounters financial difficulties.

A company is said to be insolvent if it is unable to pay its debts when they are due to be paid, or its liabilities exceed its assets. When insolvency ensues, measures can be taken to restore a business to solvency (if possible) or to wind it down to get the best result for creditors, directors and other stakeholders in the business.

An individual is insolvent if he/she cannot pay any debts when they are due to be paid, above a minimum of £750.

DS Insolvency Services provides experience and resource that you can take advantage of to help deal with any financial difficulties and distress that you and your business might experience. Our director, Martin Williamson, has been advising companies and individuals since 1986. As a member of the Association of Business Recovery Professionals, also known as R3 - Rescue, Recovery and Renewal - he is an expert in his field.

Rescue/Recovery Insolvency Advice/Assistance
Administration/Receivership
Individual Voluntary Arrangements
Company Voluntary Arrangements
Bankruptcy
Liquidation
Business Investigation/Review
Advice to Directors
Advice to Individuals
Services for Creditors
Solvent Liquidation/Capital Reduction

Whichever option you need help with, early identification of problems, followed by a prompt request for assistance will make it far easier for us to help you resolve those problems. Leaving things to the last minute narrows your options considerably. Our advice is " …the sooner, the better…"

For more information email Martin Williamson.

 
Chartered Accountants + Business Advisers
 

The information in this site is of a general nature and is not a substitute for professional advice. You are recommended to obtain specific professional advice before you take any action. © Copyright Dean Statham LLP. All Rights Reserved.

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