Worried About Your Limited Company?
Experts In Business Recovery
What Our Clients Say
“My business was struggling, I contacted Business Solution Centre and they took all of the stress away and provide me with my options”
“The Insolvency Practitioner gave me his mobile number and told me to contact him directly at any time if I had concerns, he was true to his word and all my calls were answered and my concerns removed”
“I had one point of contact right the way through my liquidation journey. I never had to wait and listen to hold music or press option buttons to speak to my Professional Advisor”
“Polite, knowledgeable, professional and courteous”
“I honestly thought that I had failed at business, if I hadn’t sought advice, I wouldn’t still have my company”
“I spoke to Andrew Ryder, he was caring and reassuring from our first conversation”
“The decision to declare insolvency can never be an easy one, bringing with it feelings of doubt and fear. Seeking advice and taking the necessary course of action has lifted a weight off my shoulders.”
“At our first meeting they explained all of my options and the necessary steps of each. I was then able to make an informed decision”
“After providing me with my options, they suggested taking 24 hours for me to decide whether or not to engage them to work on my behalf”
“I can honestly say that Business Solution Centre took a situation which I was dreading and made it as painless as possible”
What Our Clients Say
“My business was struggling, I contacted Business Solution Centre and they took all of the stress away and provide me with my options”
“The Insolvency Practitioner gave me his mobile number and told me to contact him directly at any time if I had concerns, he was true to his word and all my calls were answered and my concerns removed”
“I had one point of contact right the way through my liquidation journey. I never had to wait and listen to hold music or press option buttons to speak to my Professional Advisor”
“Polite, knowledgeable, professional and courteous”
“I honestly thought that I had failed at business, if I hadn’t sought advice, I wouldn’t still have my company”
“I spoke to Andrew Ryder, he was caring and reassuring from our first conversation”
“The decision to declare insolvency can never be an easy one, bringing with it feelings of doubt and fear. Seeking advice and taking the necessary course of action has lifted a weight off my shoulders.”
“At our first meeting they explained all of my options and the necessary steps of each. I was then able to make an informed decision”
“After providing me with my options, they suggested taking 24 hours for me to decide whether or not to engage them to work on my behalf”
“I can honestly say that Business Solution Centre took a situation which I was dreading and made it as painless as possible”
Dealing with HMRC Arrears
Independent advice tailored to you
Claim on average £12,000 redundancy
Our advice could stop creditor action
Experienced in stopping court Action
Offering free director advice
Next day face to face meeting if required
We can deal with HMRC on your behalf
HMRC are no longer preferential creditors
Let the experts speak with HMRC for you
We can make arrangements with HMRC
Call us in confidence on 0800 0465 600
Are you receiving pressure from HMRC?
99% of companies that close do so owing HMRC money, with many of these companies entering insolvency proceedings as a result of pressure from HMRC. If you have fallen in arrears with HMRC there are a number of options available to you.
You may not have to pay the debt in one payment.
Ask for time to pay the debt. In the current recession, HMRC has a Business Payment Support Service (BBPS) which was introduced by the Government in 2008. Under this service all Small to Medium size Enterprises with cash flow issues should be able to get a Time to Pay arrangement with HMRC.
Are there other ways of dealing with debt outstanding to HMRC?
Company Voluntary Arrangement (“CVA”). This is a formal arrangement that binds all of your creditors, including HMRC. An Insolvency Practitioner will negotiate a restructure of the debt on behalf of the company and its creditors.
Administration. This will protect the company from aggressive legal action taken by HMRC.
Creditors Voluntary Liquidation (“CVL”). This is the most popular route used by directors to close a company with debt, contact us today for free helpful and professional advice.
Request a call back
Acting sooner can provide more options when dealing with HMRC
Although HMRC will not chase you as quickly as your day to day trade creditors, when they do catch up to you the consequences can be severe. Therefore, if you have fallen into arrears with your VAT and/or PAYE, it is essential to act quickly.
What are the consequences of not dealing with the HMRC debt?
If you fail to pay the Tax you owe and ignore correspondence from Revenue & Customs, their next step will be to send a bailiff to your trading premises to recover the Tax owed using a process called distraint (take your assets to sell). Inland Revenue have to give you notice before they take your assets away. Once Inland Revenue have given you notice of this, the only way to avoid them from taking your assets is to pay the Tax arrears or use an insolvency process. If this has happened to you, or you have been ignoring your Tax problems for a while, it is essential that you contact us immediately as your situation is extremely severe.
The sooner you contact us, the sooner we can protect your interests and help you get back onto the straight and narrow.
Obtain your free online liquidation quote:
Free Online Liquidation QuoteAlternatively speak to our team on 0800 0465 605
There are many ways in which debt can affect a business. Lines of credit from suppliers are the lifeblood of most businesses as it allows them to purchase the required stock that they otherwise wouldn’t have been able to. If these were to cease it could have a devastating impact on production and subsequently profit.
Speak to me directly for free advice on 0800 0465 600
Andrew RyderFree Telephone Advice
Contact us today for free insolvency advice and information on our services:
+44 (0)800 0465 600
Mon-Fri: 8am-8pm
Redundancy Calculator
try our online calculator to see if you are eligible for a redundancy claim between £7000- £12,000.
Contact our team today on 0800 0465 600
Case Studies
Manufacturing
Manufacturing Mr B – Northern Ireland. The Company was a small manufacturing business incorporated in 2010. The company was profitable with staff numbers increasing with six employees working at the company in its height of trade. Contact our Insolvency Specialists...
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Construction
Construction Mr H – Manchester. The company was incorporated in 2007 and the initial start-up costs were funded by the Director in hope that these will be repaid once the company became successful. Contact our Insolvency Specialists for Free Advice Today Make Your...
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Hospitality
Hospitality Mr B – Hartlepool. The company was incorporated in 2016 by the director and the start-up costs were self-funded by the Director. The Company ran a public house in the town centre of Hartlepool and relied on the Directors contacts within the industry such...
read moreAbout Us
What makes us different is our friendly and empathetic approach. Our team of experts, combined, have over 50 years’ insolvency industry experience. That’s why we genuinely understand the impact that insolvency can have not just on individuals, but on their families.
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