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A Guide to Winding up Petitions

Posted on October 18, 2012

A Winding up Petition (WUP) is a serious and very real threat from an unpaid creditor. It is likely that you have been unable to pay a creditor on time and they have lost trust in you and your business, forcing them to take action.

Solving Cash Flow Problems

Posted on April 17, 2014

With any business, cash flow is key, and delays on the part of your customers in paying their invoices can lead to cash flow problems. Building rent still needs to be paid, suppliers need their invoices paid before they will send more product, and your staff need their wages. Cash flow problems are not a […]

Different Methods of Business Rescue

Posted on April 15, 2014

Dissolving a business you have built from the ground up and managed for a considerable number of years is understandably a difficult and stressful time. Despite the government’s promises to help small businesses by removing the red tape at the banks and financial institutions, borrowing can be a headache. There appear to be only two […]

Is a Customer Voluntary Arrangement (CVA) right for my business?

Posted on May 8, 2013

How does a Customer Voluntary Arrangement work? What are the advantages of a Customer Voluntary Arrangement? Be aware, it is not always the easiest decision for the future of your company

Why would I choose to undertake a Customer Voluntary Liquidation (CVL)?