Welcome to Gibson Booth
Business Solutions & Insolvency
Endless LLP Saint Nick Awards 2012:
Boutique Restructuring Firm of the Year
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 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, 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 undervalued 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 administration, particularly if there is a genuinely profitable core to the business.
Our team of trained professionals can help you identify the cause of your problems and recommend solutions to improve profitability and cashflow. In some cases we can help you arrange a corporate or individual voluntary arrangement, which will allow you an opportunity to try to trade out of difficulty.
If it is necessary for your business to go into administration, liquidation, or insolvency, we can advise and assist you, but the best advice is to come in for regular business health checks so we can identify potential difficulties at an early stage and recommend appropriate courses of action in good time.
- Viability investigation
- Company voluntary arrangement
- Creditors' voluntary liquidation
- Members' voluntary (solvent) liquidation,
- Insolvent liquidation
- Advice to directors
- Personal insolvency services (which includes IVAs)
For further details please contact Ted Wetton on
01226 215 999
For monitoring and training purposes your call will be recorded.
R3 - The Association Of Business Recovery Professionals
Whether your business is facing a financial crisis or your personal debt is becoming unmanageable, taking early advice is good sense. As a member of R3, the Association of Business Recovery Professionals, Gibson Booth can help you.
R3 members have helped to save many businesses, large and small, across most industry sectors. They also advise on personal insolvency.