Welcome to Business Rescue Ltd
helping you to sleep again at night…
Once we have established and put in place any defence measures required for your business our next task is set in motion the business rescue strategy that you have chosen to move the company from where it is now to where it needs to be. One element of the business rescue strategy may be, and we stress may be, the use of a formal arrangement to help effect the required change in the structure of your company in order to turn it from a failing business into a viable proposition that investors will then be interested in.
Any arrangements that we recommend are based on the viability of your business and will take into account future profitability and cashflow potentials.
Company Voluntary Arrangements (CVA)
In simple terms, a CVA is a contract between an insolvent company and its creditors which allows the insolvent company to pay back a proportion of its current debts out of future profits. This allows the company to continue trading, rather than be wound up or liquidated and thus offers the opportunity to the creditors to eventually have a proportion of their debts honoured rather than to potentially lose out completely as may well be the case should the company be wound up or liquidated.
A properly managed CVA process will take account of redundancy costs when laying off staff as well as dealing with lease agreements and similar contracts.
In order for a CVA to be feasible, the company must display the potential to make future profits and improve its current circumstances. Once this has been established using the Business Medical™ a proposal is then offered to the various creditor parties to pay back a proportion of existing debts over a period of time. Such an arrangement can instantly improve cash flow and alleviate mounting pressure on the business owners or directors.
Business Rescue Ltd’s expert advice and guidance will illustrate the pros and cons of CVA’s and determine whether this is a viable option for you and your company to consider.
The CVA process must be run by a licensed Insolvency Practitioner; our partners are Baker Tilly and T H Associates. However, it may be possible for Business Rescue Ltd to negotiate an informal arrangement with the support of the key creditors using a Business Debt Management plan.
At Business Rescue Ltd, our expertise and experience make us adept at achieving rapid action. Call us NOW on 0844 414 2618 so that we can put our expertise and experience into action and help you to escape from your current business pressures and save your business.
Your call allows us to gain a primary understanding of your company and answer any initial questions you may have.
We will then arrange either a face-to-face meeting or telephone conference with the consultant who will be with you throughout the business rescue process so that we can continue to learn more about each other and your company’s circumstances.
This initial consultation is totally CONFIDENTIAL, FREE of charge and FREE of obligation.
Business Medical™
Having engaged Business Rescue Ltd we will in the first instance conduct a comprehensive Business Medical™ to ascertain the full state of your business and how it may be saved. We provide you with an in-depth report which we review with you in detail at the feedback meeting. This report will provide you with pertinent information and analysis, as well as conclusions and recommendations written in plain English that focus on the business rescue process of saving your business.
No-nonsense answers to the questions you really want answered!
Don’t forget that the first thing we do is to take away all the pressure from your creditors. We instruct them in writing to stop calling you and call Business Rescue Ltd instead.
Regardless of your circumstances and the nature of your business, Business Rescue Ltd will use an extensive range of strategies, methods and solutions, both formal and informal, to help you to save your business.
No one fights harder for you than Business Rescue Ltd!
Business Rescue Ltd is the original and 1st emergency service for businesses. We are a bespoke organisation of business professionals specialising in business rescue, recovery and development. We are NOT insolvency practitioners.
Our sole aim is to help you to save your business and achieve the 3R’s:
RESCUE RECOVER RENEW
So, salvage the present, secure the future and sleep again at night
To speak to one of our specialists about your business rescue, in confidence, or request a free no-obligation consultation, call Business Rescue Ltd on 0844 414 2618 or email us at 999@businessrescueltd.com