We want businesses to know they are not alone when dealing with debt, we can always find a solution.
We believe we can help directors make the right decisions
At Simply Corporate, we understand that navigating financial difficulties can be one of the most challenging experiences for a business and its directors.
Based in Lancashire, we proudly support businesses across the UK, offering tailored solutions to help directors regain control, whether through company rescue strategies, structured closures, HM Revenue support, or confidential director advice. Our team combines deep expertise with a compassionate approach, ensuring you receive clear, practical options that prioritise your best interests.
When facing financial uncertainty, you deserve a partner who listens, understands, and acts decisively. At Simply Corporate, we’re here to help you navigate the complexities of business recovery with confidence, offering the reassurance and expertise you need to make the right decisions for your future.
Our Services
Directors Advice
When a company is struggling financially, the pressures on a director can be immense…
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HM Revenue Help
When a company is experiencing cash flow problems, Tax is often the first thing that director’s…
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Company Rescue
Our objective is to assist directors in keeping a company trading if it has a viable future…
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Company Closure
Liquidating a company can be a simple, cost-effective way to close an insolvent company…
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We couldn’t have been more comfortable working with Simply Corporate, they understood our situation and gave advice that was very reassuring.
Robert Smith
Why choose us?
Our clients value the personal and professional service we provide.
We care
Taking the time to listen and help every client.
Confidential and secure
Respecting privacy every step of the way.
Experienced, friendly advice
Giving confidence to every client.
Latest news
The latest company news and advice.
3 minute read
Insolvency Advice for Directors: What to Do When Your Company Faces Financial Trouble
FAQ’s
We support struggling companies through tailored insolvency advice, business rescue, structured closure, HMRC tax help and director guidance, all with empathy and expertise.
We offer a free, no-obligation consultation to assess your situation and outline possible options. Early intervention often improves outcomes.
Our team includes licensed insolvency practitioners who are fully regulated and experienced in corporate recovery and restructuring.
We prioritise recovery over liquidation whenever possible. Rather than being the last resort, we provide proactive, practical advice to help businesses stabilise and rebuild.
If you’re struggling with unpaid invoices, start by conducting a cash-flow audit. List all outstanding invoices, expected payments and immediate obligations. Reach out to clients with overdue invoices to negotiate payment terms, while simultaneously pausing or reprioritising non-essential spending. This gives you breathing room and clarity about your cash position.
Begin by categorising costs into “essential” (e.g. payroll, rent, suppliers) and “non-essential” (e.g. discretionary marketing, one-off purchases). Temporarily cut or delay non-essentials, renegotiate supplier contracts and institute tighter expense approval for the short term. Even small savings on recurring costs add up and can help stabilise cash-flow until income recovers.
If unpaid invoices and mounting expenses have caused repeated cash-flow shortfalls, eroded profitability or threatened suppliers’ ability to deliver, this signals deeper structural problems. At that stage, piecemeal fixes may not suffice. It’s wise to explore formal debt-management, restructuring options, or professional turnaround support to restore financial stability and safeguard long-term viability.
Get in touch and let our team help you.
The Town Hall
Burnley Road
Padiham
BB12 8BS