RECOVERY AND INSOLVENCY SUPPORT
Whereas we would like to think all business thrive and grow, it is harsh reality that many fail often without fault on the part of Principals or Directors.
We have a number of contacts with licensed Insolvency Practitioners who can assist with insolvency issues.
It may surprise you to learn that recovery is sometimes an option even in the face of seemingly large liabilities. Formal proceedings including Individual, Partnership or Company voluntary arrangements can ‘ring fence’ debts and provide a vehicle to trade out of an otherwise hopeless situation.
CLIENT ADMINISTRATION SUPPORT
We provide a comprehensive list of support services to clients in all sectors, from sole traders to multinational organisations.
We can assist with:-
Many of the services we provide as a practice are very important at the outset when a new business is established. Selection of banking arrangements, raising finance and registration with the relevant authorities to name but three. We are always prepared to hear your great ideas, even when they aren’t! We always try to guide and advise potential new businesses with integrity and understanding.
This may include succession plans, MBI or MBO, simple dissolution of a company no longer required or tax efficient transfers to younger relatives.
YEAR END PLANNING
Whilst practical and legislative frameworks do allow some issues relating to the closure of one year’s accounts to be dealt with after the date there are far more issues which require attention before the end of the current trading period.
At White Rose we are always happy to assist our clients with consideration of any factors specific to their business.
Examples of the areas we can assist in include: new asset acquisition and financing, profit distribution and strategy, provision of forecasts to secure future financial support and many other areas.