Corporate Recovery

It is a well known fact that many business failures could have been avoided if the owners had taken the right advice at the right time. Some of the commonest causes of company collapse are high drawings, bad debts, reduced demand, excessive borrowing, and low property values. All too often business owners do not face up to these problems until it is too late.

Moreover, company directors who ignore such problems run the risk of committing offences under the Insolvency Act such as fraudulent trading, misfeasance, wrongful trading, and preferential or undervalue transactions - for which the penalty might be disqualification, or worse!

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.

We can help you identify the cause of your problems and recommend solutions to improve profitability and cashflow.

If it is necessary for your business to go into administration, receivership, or insolvency, we can refer you to a qualified insolvency practitioner.

Contact us today to discuss how we can help keep your business in good shape.

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What our clients say…

Big or small, complex or simple, we can help you navigate through the world of tax and accountancy.
Our experience of acting for a wide range of longstanding clients across many different sectors enables us to help you, your business and your family.

Marc Smelt, Wealth Management Consultant & Partner at St James’s Place

“I have been very impressed with Jon and I have already referred him to some of my top clients who also have been extremely happy with the service he and his colleagues at Cleverdons Accountants have provided. I would recommend Jon and Cleverdons Accountants without hesitation even if his choice in football teams is appalling! His top qualities; expert, good value, high integrity.”

Michael Scrivener, Partner at St James's Place

“I've worked with Jon since 2000 both on a personal and professional basis. I have always found his work to be exemplary, going out of his way to find solutions to sometimes very complex issues. During this period I have also introduced a number of my clients to Jon for accounting / tax advice and have only ever heard positive feedback. I have no problem in recommending Jon and the rest of his team at Cleverdons. His top qualities; great results, personable, high integrity.”

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Whether you are an existing business looking to switch accountants or you are a new start up. We would love to help, so switch to us today.

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