Don’t leave it too late – quick reaction can prevent insolvency!

​

Being in business is not easy and is often a juggling act contending with tight margins and limited cashflow – then one of the balls fall and everything quickly crashes down. A quick reaction to a business crisis means that there are more avenues open to ensure survival.

Early intervention can allow for the use of Examinership/ Examinership Lite Programmes/ Loan Negotiations/Informal Schemes of Arrangement where the owners remain in control of the process.

​

Late intervention can result in the appointment of a Receiver by chargeholders, windup by Court Liquidation or Creditors’ Voluntary Liquidation where decisions about the business are taken out of your hands.

​

It is during times of adversity that you most need support. At TJ Briody & Co. we act as a sympathetic but objective adviser who can help negotiate the way to recovery, planning a strategy to keep your company trading.