Insolvency & Recovery Services at Briody & Co. Chartered Accountants
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.