Since 1989, we have helped 1000s of businesses and the list of our successful insolvency case studies can literally form a book of minimum five hundred pages. But we know your time is precious and you are looking for fast resolution to your problem, and for this reason we have outlined some interesting real life case studies for your better understanding. These case studies will help you to understand our expertise in this industry as well as give you confidence as how your business can be saved like others.
Case Study 1: Limited Company Insolvency
Back in September Paul had a total debts of £375,000. Paul could not see his way out of his current debt situation for his limited company. It did not take an accountant to work out that this limited company was way over its head unless it could find an investor, which under the current climate is hard, very hard.
Case Study 2: Insolvency Winding Up
Lisa came to see me about 5 months back regarding her business winding up her company because she had debts that she could not pay back and she was being pressured by the bank and other creditors to take out loans against her house to pay off some of her creditors so they will not wind her company up.
Case Study 3: Free Business Debt Advice
The phone ringing at 4.50 pm. My name is Peter —— can you please help me with my business debts. Peter went on to explain he had been to see two insolvency practitioners one recommended by his accountants and another from the internet both of these people were not able to provide a solution for my problems, can you? I would be happy to if you could tell me what your total business debts problems are Peter, I said to him.
Case Study 4: Liquidation Advice
May last year I was giving a talk about company liquidation and company debts at the chamber of commerce, when Suzanne approached me at the end of my talk and asked if it were possible to give her about 20 minutes of my time regarding liquidation advice of her company.
Case Study 5: Insolvency Practitioners London
Last year I got a telephone call from a woman who said she had a business in the London area and needed a reputable insolvency practitioner to help wind her company down. I asked this woman to tell me about her business problem that she was facing and why she wanted to wind her company down. After a brief history of her 7 year old catering business which had now accumulated debts of £311,000.00 to suppliers and hotel venues.
Case Study 6: Insolvency Practitioners Manchester
I remember getting a call from a woman who sounded as if she was about to cry, as she asked if I could recommend a good insolvency practitioner in Manchester because she had creditors harassing her on the phone and bailiffs turning up in her office.
Case Study 7: Business in Debt & No Holidays Again
Tom was in his early forties running his own business for the past 7 years, for the last 2 years Tom had not been able to take his family on holidays. Business was slow and the economy was not helping with the doom and gloom but the business debts kept rising each month.
Case Study 8: Administrative Receivership
I remember James coming in to our London office for a meeting about a creditor who was threatening to appoint an administrative receiver unless James Company came up with £97,000 which was impossible as he explained. James was in the building and construction industry and had houses that were on sale but not selling. The £97,000 was owed to the bank and James was 3 months behind on his payments.