The business landscape is one that is ever-changing. Some days you’re up, others you’re down. As a boutique insolvency firm, which deals with all sizes of businesses, we absolutely understand the financial difficulties that can arise within new and well-established businesses. That’s why our team of suitably qualified professionals are here to help guide you through your business turnaround with ease.
A business turnaround represents a company’s financial recovery after a period of significant financial hardship. The business turnaround generally takes place as a way of bringing renewed profitability to the company and restoring its overall business health and stability.
Helm Advisory can assist with the monitoring of a business restructuring plan on a monthly basis. Our business turnaround services are managed in five key stages:
In a business restructuring or sale of a business, Safe Harbour offers directors a shield from insolvent trading claims, provided they follow specific guidelines to achieve a ‘better outcome’ for the company and creditors than administration or liquidation. The following list of factors must be considered by directors who wish to use the safe harbour provisions:
When you partner with Helm Advisory to manage your business’s turnaround, you can be rest assured that you are in the best possible hands. Not only are we insolvency experts but we also understand business. For example, one of our team members, Philip Hosking, brings 20 years’ experience as a director of an SME in addition to his highly experienced insolvency work at Helm Advisory. Get in touch with one of our team today to discuss how we can help you navigate this tough financial time.