Proven Business Recovery Services
Companies are subject to constant forces of change both internally and externally, and usually the directors are able to make the necessary changes to maintain or improve trading performance. However, if deteriorations in trading are not rectified quickly the financial and consequently operational health of a company will begin to deteriorate.This is where a good business recovery service can help.
Early and mid-stage decline can usually be remedied by appropriate strategic, operational and financial changes. The business recovery service that Chamberlain & Co operate helps directors to identify the appropriate steps to take and assist in their implementation.
Writs, judgements and statutory demands or government bodies, local authorities and landlords taking walking possession of company assets, are all signs that a company has reached the later stages of decline and may require business recovery services.
At this point it is likely that the company will either have to reach an informal or formal arrangement with its creditor(s) as part of a business recovery strategy. We are able to assist in the preparation of a proposal to put to creditors. If it is to be a formal arrangement, a licensed insolvency practitioner with Chamberlain & Co may act as supervisor.
We are focussed on the SME and owner-managed businesses, offering direct support to the shareholders with business rescue activities such as refinance, restructure, Company Voluntary Arrangement , Administration , Pre-pack Administration or Liquidation – with or without a restart.
Personal Financial Services
Often in conjunction with business financial distress the directors own financial circumstances will be under strain, due either to being unremunerated for a period of time or through taking out personal borrowings to support the business. Our track record in solving businesses and personal financial worry is second-to-none, with our holistic approach to the issues that arise at both a personal and business level.
Our Ethos and Track Record as an Insolvency Practitioner
As we are one of the few insolvency firms that has high-end niche expertise in both personal and business financial distress situations, we are able to solve both situations in harmony, hence providing a seamless one-stop solution to people who have business and personal financial problems.