Company Recovery

Whether your business is facing financial crisis or your cashflow position is becoming unmanageable, Entrust’s Company Recovery provides a confidential and independent service dedicated to managing sensitive situations. In times of difficulty, seeking early independent advice can help to give a clearer perspective, and often, early intervention can help to ensure the survival of your business. Our experienced specialist consultants can provide confidential professional advice to facilitate and offer direction to businesses in financial difficulties. We offer a free initial consultation to complete a thorough diagnostic of the business, and work closely with management to identify areas of concern before suggesting specific recommendations to help you remedy the situation. Potential business problems which may indicate that Company Recovery assistance is needed: * It is becoming increasingly difficult to pay for purchases on time * The company is more than a month behind on PAYE or VAT payments * The company's credit facility has been withdrawn or reduced * The company's bank balance is diminishing * The company is reliant on a few customers * Borrowing has increased to keep the company running * The bank is concerned about the company's overdraft * The company is receiving final demands and final warnings We offer a hands-on practical service, and work with you throughout the process to ensure that you and your business is supported in what is often a stressful situation. Contacting your main creditors to agree repayment schedules is part of the offered service. Advice from Company Recovery helps to clarify the reality of the situation, put in place a plan to assist with main creditors and provide continuous support and monitoring. Ultimately, Company Recovery aims to save genuinely viable companies from insolvency, protect employment and save turnover. Our work has meant that over the last two years 80 companies that might well have ceased trading are still going. That means 2000 jobs and over £110million turnover saved in this region because of Company Recovery. The initial consultation is free and the following charge for any work commissioned is subsidised. For further information, or to book an initial consultation please contact a member of the Entrust Financial Solutions Team on 0191 244 4000 or email pathfinder@entrust.co.uk