Menu

Insolvency

The key to avoiding insolvency is to seek professional help as soon as the first signs of difficulty appear. The experienced professionals at BFAA Accountants can assist in identifying problem areas and suggest solutions to improve the position of the company. Timely, expert advice could save your business from liquidation or receivership.

Receivership entails someone being appointed to raise funds within the company to repay a financier. Liquidation becomes necessary when so many of the company assets are sold that it cannot continue its daily business. A liquidator disposes of all the company assets, repays the creditors, and the company ceases to exist.

In the event that liquidation or receivership is necessary, BFAA Accountants has the required experience and skills to assist. If your business is struggling under financial and operational difficulties, proactive and insightful action is vital to avoid, or at least minimise, the ramifications. Contact us today for an appointment and expert advice to assist with your situation.

Back to Services

Our Services

We offer a range of services to help your business.

READ MORE

Firm Profile

Learn more about us and our firm.

READ MORE

Our Resources

Click here to view our handy online tools and resources.

READ MORE

Meet The Team

Bill Pugh
Director
FIND OUT MORE
Sue Ritchie
Chartered accountant
FIND OUT MORE
Cathy Pickering
Assistant Accountant
FIND OUT MORE
Karen Kendall
Client Administrator
FIND OUT MORE
Laura Pugh
Graduate
FIND OUT MORE

Latest News | RSS

BFAA Accountants Blog

Contact / Connect