Insolvency Service
We provide comprehensive support to sort out your company’s affairs.
Company Voluntary Arrangements
We create an agreement between your company and your creditors to arrange affordable payments.
Pre Pack Administration
We provide a restructuring process for your businesses to protect the company and its directors.
Factoring
We specialise in invoice finance to help inject cash flow into your business.
About Insolvency Financial Advice
We provide excellent help and support but most importantly implement flexible working solutions to achieve the results you require.
What we do?
We have a well established network of advisors all over the UK. This enables us to offer you advice from a local advisor regardless of where you are based in the UK.
Our ethos
At Insolvency Financial Advice our ethos is providing a friendly and personal touch, combined with our extensive financial and corporate insolvency experience; it has led to us becoming one of the UK’s fastest growing firms in business recovery and corporate insolvency.
Insolvency Service
The whole process of insolvency is conducted by licensed Insolvency Practitioners.
A common problem for company directors and sole traders, is to spot when your business becomes insolvent. Often larger jobs and increased workloads can take our minds off the finances whilst we concentrate on getting jobs done.
An insolvent business can do a number of things to resolve the situation, and information is given throughout the pages on this website. We can help you to continue to trade, or we can help you to end the business in an orderly and controlled manner through an experienced insolvency practitioner.
We specialise in Company Voluntary Arrangements
The CVA procedure forms an agreement between your company and it’s creditors to make affordable repayments of the money owed over a fixed period of time.
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to talk to an adviser
Pre Pack Administration
A pre pack administration procedure is a very popular tool used by many firms whereby the assets and business of a company are sold before the company is forced into a formal insolvency service such as liquidation.
Companies can incur sudden hefty debts which affect cash flow be it from an unpaid tax bill or an unpaid invoice from a main customer. The pre pack administration service is a solution to this troublesome problem which can resolve the issues by selling the company back to the original owners, at a reduced price.
Quick process
A Pre-Pack Administration is a very quick process and has the added advantage of confidentiality.
Reassurance through Continuity of Business
This leads to the second main advantage to a Pre Pack Administration scheme. Continuity is maintained when a company is sold to someone who is familiar with the business.
Insolvency Financial Advice – Factoring Service
‘Factoring’ – also known as ‘invoice finance’ – usually involves an invoice financier managing your sales ledger and collecting money owed by your customers themselves. This means your customers will know you’re using invoice finance.
Step one
When you raise an invoice, the invoice financier will buy the debt owed to you by your customer invoice.
Step two
They make a percentage of the cost (usually around 85%) available to you upfront.
Step three
After the previous process is completed, they then collect the full amount directly from your customer.
Step four
Once they’ve received the money from your customer, they make the remaining balance available to you.
Step five
You’ll have to pay them a discount charge (interest) and fees – the amount depends on which invoice financier you use.
Get started now
Insolvency financial advice can take your company though each setp of the process, quickly and professionally. Get started.