Unfortunately, in some cases, there comes a time when the owner(s) of a struggling business need to take a step back and assess their situation. Getting insolvency advice early may help if your company is having problems with debt and accrued liabilities.
Assistance from an experienced team of specialist practitioners will lead to a more positive outcome for your business than choosing to negotiate with creditors independently.
RSM’s formal insolvency team has significant experience across all types of formal insolvency proceedings including liquidations, receiverships, examinerships and bankruptcies.
We have worked in various sectors dealing with a wide range of entities from large multinational PLCs down to SMEs. Though the circumstances may be difficult, our professional approach will focus on damage limitation, managing exposure to loss and realising value where possible.
If you feel you may be able to benefit from our services, please do not hesitate to get in touch with our formal insolvency team.