More often than not, the concerns that you have about the future and finances of your business can be solved without the need for insolvency proceedings. With professional insolvency advice, there are many opportunities to resolve cash flow issues and creditor pressure through practical, tailored solutions. At RMT, we aim to help businesses recover and continue trading, minimising the disruptions associated with insolvency.
Exploring Alternative Solutions
Our experience in this field helps you explore ways to solve cashflow issues and creditor pressure, hopefully preventing the need for a formal insolvency. These arrangements might include negotiating with creditors to establish an informal agreement or even considering a more structured voluntary arrangement, depending on the specific needs of your business.
Supporting Business Turnaround and Restructuring
We work closely with directors to understand their business, the issues they are facing and measures that can be put in place to support a successful turnaround or restructure. This may include raising debt funding or sourcing additional investment for your business. Alternatively, we can support with cash flow management or liaising with funders, key creditors and other stakeholders to support directors and management teams through difficult periods.
Guidance for Formal Insolvency
While our primary focus is to avoid formal insolvency proceedings, we understand that some situations require a more structured approach. Should it become necessary, we are here to guide you through every step of the process, ensuring you receive expert insolvency advice tailored to your circumstances. Whether it involves formal insolvency routes like bankruptcy or a voluntary arrangement, we provide practical guidance to minimise disruption and protect your interests.
No matter your situation, our team is here to offer clear and constructive advice. If you’re concerned about the future of your business, don’t hesitate to reach out. We are committed to helping you explore all options available and working towards a solution that allows your business to recover and thrive.
Key Contacts
Chris Ferguson
Director of Recovery and Restructuring
0191 256 9500