0800 313 4331 consult@interco.com

RESTART
YOUR
BUSINESS

RESTART YOUR BUSINESS

If your Company is made insolvent by special circumstances, such as a lost major contract or bad debt, (or now Covid19) but your core business is  sound, then why not ask Insolvency Solutions to Liquidate the present company, but restart your Business to re-trade successfully.

LOSE LIABILITIES – KEEP ASSETS

This means you lose all the liabilities of the present company, but acquire all its assets and rights from the Liquidator on a legal and affordable basis and trade as a fresh, debt free, new company, presenting a seamless profile to customers.

We arrange with our Licensed Insolvency Practitioner colleagues to put the present company into Creditors Voluntary Liquidation, or Administration. Part of this arrangement is to “pre-pak” a binding legal transfer of the previous company’s trading contracts, rights and physical stocks and assets to your new company on an affordable, market value, basis. Market Value of a closing company is seldom large and we can always arrange, extended payment.   Leases of Premises, Vehicles and Equipment can be assigned for continuance, or left to be terminated, in the Liquidation, and replaced

If your Company is made insolvent by special circumstances, such as a lost major contract or bad debt, (or now Covid19) but your core business is sound, then why not ask Insolvency Solutions to Liquidate the present company, but relaunch your Business to re-trade successfully.

This means you lose all the liabilities of the present company, but acquire all its assets and rights from the Liquidator on a legal basis and affordable basis and trade as a fresh, debt free, new company, presenting a seamless, continuing, profile to customers.

LOSE LIABILITIES – KEEP ASSETS

We arrange with our Licensed Insolvency Practitioner colleagues to put the present company into Creditors Voluntary Liquidation, or Administration. Part of this arrangement is to “pre-pak” a binding legal transfer of the previous company’s trading contracts, rights and physical stocks and assets to your new company on an affordable, market value, basis. Market Value of a closing company is seldom large and we can always arrange, extended payment. Leases of Premises, Vehicles and Equipment can be assigned for continuance, or left to be terminated, in the Liquidation, and replaced.

SEAMLESS TO CUSTOMERS

To Customers the changeover can look seamless by careful application of insolvency rules and branding and a marketing strategy that treats change as positive innovation. Your “newco” is not burdened with any negative credit reference. Insolvency Solutions acts as your Transition Manager to help you to implement the “switchover” smoothly, until your new company is fully trading.

SAFELY MANAGED

Penalties for breaking Insolvency Rules can be savage. Unless the transfer of assets and restart of trading are executed correctly and legally, a Director can become personally liable for the debts of the company they have closed, essential business assets forfeited and new trading halted.

As Transition Manager, Insolvency Solutions ensures you avoid legal pitfalls. You deal correctly with your insolvency responsibilities as a Director, but are freed to focus on driving the relaunched business – achieving new sales, managing customers, continuing or replacing key suppliers and transferring leased facilities.

SUCCESSFUL RESTART AS A FRESH, DEBT FREE, COMPANY?

Give me a call to discuss it being “Seamless to Customers”

Michael O’Connor M.A
Interco Director

Bromley : 0208 468 1033
Horsham : 01403 839766
Chichester : 01243 624716

or email :

SUCCESSFUL RESTART AS A FRESH, DEBT FREE, COMPANY?

Give me a call to dicuss it being “Seamless to Customers”

Michael O’Connor M.A
Interco Director

 

Bromley :0208 468 1033
Horsham :01403 839766
Chichester :01243 624716
or email :

Insolvency Solutions Chichester, Bromley and Horsham

Interco Management Services Limited

Bromley BR7 6LH : 0208 468 1033

Horsham RH12 1TL : 01403 839766

Chichester PO19 7DN : 01243 624716

Insolvency Solutions Chichester, Bromley and Horsham

Interco Management Services Ltd

Bromley : 0208 468 1033

Horsham : 01403 839766

Chichester : 01243 624716