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Our primary focus is you, the director
If you’re on this page, then you’ve identified that your business may have a problem and we should talk straight away – the more you put it off, the greater risk you’re taking.
Our initial focus is on you, the director, as we strive to protect you, your assets, and your company in uncertain times. We will advise you on how to restructure your finances to give your business the best possible chance of survival.
If this is the end of the road, we can still help
Alternatively, if this is the end of the road for your business in its current format, we can advise you on how to close the company down in a legal and structured manner or how to start your business again with a pre-pack liquidation.
If you’re experiencing financial difficulty, talk to us now, before you do ANYTHING else.
- Don’t put more money into your business
- Don’t take more credit on
- Don’t make your people redundant
- Don’t borrow any more money.
Even if you think it’s the end of the road, there are still options available.
If you think your business really is at the end of the road, then please don’t assume that there’s nothing else that can be done – if you’re going to close your company, you need to do it in a legal and structured manner to protect yourself personally, while causing the least amount of stress and long-term financial damage for you and your family.
We’ll advise you on the best route forward, and the best way you can protect yourself, the business you’ve worked so hard to build, and the lives of the people you love.
Our Services
Liquidation and Company Closure
If you’re considering liquidation, then first things first, you have our sympathies.
Director’s Loan Accounts
Before you enter into any insolvency proceedings you need to check you director’s loan account.
Worried about your Bounce Back Loan or CBILS?
Before you enter into any insolvency proceedings you need to check you director’s loan account.
Company Voluntary Arrangement (CVA)
Before you enter into any insolvency proceedings you need to check you director’s loan account.
HMRC Arrears
Dealing with HMRC can be a worrying experience, especially if your business is struggling financially. We can assist with HMRC arrears.
IR35 Company Closure
New rules on IR35 meant that many businesses had to make a decision on whether to close their limited company.
Pre Pack / Buying Back Company Assets
Discover our efficient pre-pack liquidation services at 1st Business Rescue. We help businesses navigate insolvency with professional guidance and support.
Your free, no-obligation consultation.
Wherever you’re at, it all starts with a conversation.
We operate all over the country and can meet you wherever’s convenient, or virtually if that suits you better.
Our initial conversation is completely free, with no strings attached, and completely confidential.
The sooner you speak to a business rescue expert, the better the potential outcome.
Knowledge Bank
Preparing for Creditors’ Voluntary Liquidation
7 mins 4th February 2025
It can be a difficult decision to liquidate your company, but sometimes, it is the only option available to directors. In this blog, we’ll let you know about preparing for...
Closing a limited company with debts to HMRC
8 mins 13th November 2024
Company debts can be extremely stressful to deal with. Unfortunately, business debts can sometimes become so out of hand that the only option is to close the company. In...
Fixed and floating charges: what’s the difference?
5 mins 31st October 2023
As a business owner, there are many things that you need to be aware of. When it comes to finances, it’s crucial that you stay on top of what’s expected...