Our objective is to assist directors in keeping a company trading if it has a viable future.
Financial difficulties can arise unexpectedly, and this can put immense pressure on directors, employees, and stakeholders. At Simply Corporate, we specialise in providing professional and practical solutions to help businesses facing financial distress. Our experienced team understands the challenges directors have to navigate and are committed to delivering expert advice with clarity, compassion, and confidence.
Not all businesses facing financial difficulties need to close. If your company is struggling with cash flow issues, mounting debts, or creditor pressure, we can explore a range of company rescue strategies tailored to your circumstances. Acting swiftly is crucial to maximising the options available and securing the best possible outcome.
Our company rescue solutions
If your company has a viable future, we can offer a variety of strategic solutions to help your business recover and get back on track.
Company Voluntary Arrangement (CVA)
A Company Voluntary Arrangement (CVA) is a formal agreement between a business and its creditors to repay a portion of its debts over a fixed period of time. It’s an alternative to liquidating a limited company, and is a legally binding solution that provides breathing space, allowing businesses to continue trading while restructuring its finances in a manageable way. CVAs are ideal for businesses with a solid underlying structure but are facing short-term financial challenges.
Administration
If your company is at risk of insolvency, Administration provides immediate legal protection from your creditors while a structured recovery plan is put in place. A licensed insolvency practitioner (IP) will be appointed to help manage your company’s affairs to ensure the best possible outcome for all parties involved. Administration is a solution that is particularly useful for businesses with long-term viability but need urgent intervention.
A Pre-Packaged Administration
A Pre-Packaged Administration (Pre-Pack) is a structured process where the sale of a company’s assets to a third-party (sometimes a company’s own directors) is agreed before entering administration. This solution ensures a seamless transaction and often allows business operations to continue with minimal disruption. This option is suitable for businesses where a buyer has already been identified.
Get in touchWhy choose Simply Corporate?
We recognise that financial difficulties can be overwhelming. Our approach is built on honesty, transparency, and professionalism, ensuring that you receive advice that is tailored to your specific situation. When you work with us, you’ll also benefit from:
Experienced and regulated professionals
Our licensed insolvency practitioners have extensive expertise in business recovery and restructuring.
A compassionate and understanding approach
We know this is a challenging time, and we treat every client with the respect and support they deserve.
Clear, practical advice
We explain all the options available to you in plain language, helping you make informed decisions with confidence.
A commitment to positive outcomes
Our priority is to help you achieve the best possible resolution for your business, employees, and stakeholders.
Take the first step towards business recovery
Don’t wait until it’s too late to seek help. The sooner you act, the more options are available to rescue and stabilise your company.
Call our expert team today for a confidential, no-obligation consultation, or complete our Quick Assessment form and we’ll be in touch with you.
Get in touch and let our team help you.
The Town Hall
Burnley Road
Padiham
BB12 8BS