Running a company comes with pressure, but when cash runs low, creditors start chasing, or HMRC gets involved, it can feel like things are slipping out of your control.
You’re not alone in this. I’m Nick — a Business Recovery and Insolvency Consultant with over 30 years’ experience helping directors through difficult times. This page highlights some of the most common problems directors bring to me and how I help them move forward.
⚠️ You’re behind on bills and struggling with cash flow
Many directors find themselves in this position, especially when sales dip or costs rise. Whether it’s wages, suppliers or rent, it can feel impossible to keep everyone happy. But falling behind doesn’t always mean the end. I can help you assess whether recovery is possible or if a controlled closure is a better route.
⚠️ HMRC debts are mounting
If you’re behind on VAT, PAYE or Corporation Tax, you’re likely already getting letters — maybe even threats of enforcement. It’s stressful, but there are ways to manage this before things escalate. I can talk you through the options and help you avoid unnecessary panic or penalties.
⚠️ You can’t afford your Bounce Back Loan repayments
You’re not the only one. If your company took out a Bounce Back Loan but now can’t repay it, I can explain what that means for the business — and for you personally. We’ll look at realistic next steps, including company rescue or closure.
⚠️ Creditors are threatening legal action
From County Court Judgments (CCJs) to winding-up petitions, creditor pressure can quickly escalate. I’ll help you understand what the threats actually mean, what the risks are, and how to take back control of the situation.
⚠️ Bailiffs or enforcement agents have turned up
If enforcement officers are visiting your premises, it’s easy to panic — but there are still things you can do. I can explain what powers they have, what your rights are, and how to protect your business and staff while you decide what to do next.
⚠️ You’ve received a County Court Judgment (CCJ)
A CCJ can seriously affect your company’s credit and relationships with suppliers. It may even be a warning sign that further action — like a winding-up petition — is coming. I’ll help you understand what it means and how to respond.
⚠️ You’ve been served a winding-up petition
This is one of the most serious forms of creditor action, and time is critical. But there’s still a chance to act before the court issues a winding-up order. I’ll help you understand your options, including whether liquidation or rescue is still possible.
⚠️ You’re worried about being personally liable
If you’ve signed personal guarantees or taken money from the company through a director’s loan, you might be concerned about what happens if the company fails. I’ll explain your position in plain English and help you understand how best to protect yourself.
⚠️ You’re thinking about closing the company
Maybe the business has run its course. Or the stress is simply too much. If you’re considering winding up, I can help you understand the formal and informal ways to close, including liquidation, striking off, and tax-efficient routes for solvent companies.
⚠️ You still want to save the company
Not every struggling business needs to shut down. If the core of your business is still viable, we can look at ways to keep it going, from informal arrangements to more structured solutions like Company Voluntary Arrangements or administration.
Not sure where to start?
You don’t need to have it all figured out — and you’re not expected to know which solution fits. Most directors I speak to just know something’s wrong and want to understand their options.
Whatever’s on your mind, I’m here to listen. No pressure, no judgment – just a free, confidential chat about what’s possible and what to do next.