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Is your company Insolvent?


Is your company Insolvent?
  • Are you constantly using 100% of an overdraft facility?
  • Have you had cheques returned in the last 12 months?
  • Has the bank refused additional facilities?
  • Have you considered mortgaging your family home just to stay in business?
  • Are you being sued for money owed?
  • Have you recently lost and not replaced a large customer?
  • Are your last audited accounts more than nine months old?
  • Have you been fined by the ODCE?
  • Are you having unusual difficulty collecting money from debtors?
  • Are you experiencing difficulty being supplied?
  • Are your co-directors seeking to retire?
  • Are you losing staff faster than you can replace them?
  • Is your company credit card in arrears?
  • Have you considered factoring your debts?
  • Are you personally earning less money than some of your employees?
  • Are you experiencing difficulties replacing old vehicles, computers or equipment?
  • Has the Sheriff written to you or visited you in the last six months?
  • Does the bank want to convert the overdraft to a term loan?
  • Does your head say speak to someone but your heart says battle on?

If you answer yes to any one of the above, we should be talking today.