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It is a well-known fact that many business failures could have been prevented if the owners had taken action at the right time.
All too often, business owners do not face up to problems such as bad debts, reduced demand and excessive borrowing 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 genuinely profitable core to the business.
Blue Spire, based in Brighton, can help you identify the cause of your problems and recommend solutions to improve profitability and cashflow. In some cases, we can help you arrange a corporate or individual voluntary arrangement, which will allow you an opportunity to try to trade out of difficulty.
Contact us today to help get your business back on the road to success!
20 Jan 2022
HMRC expects to recover only a quarter of the total £5.8 billion lost to fraudulent claims and mistaken payments from the coronavirus (COVID-19) support schemes.
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