01243 624716 consult@interco.com

PROTECT YOUR TRADING

We Prevent Trading Interruption giving space for you to action whatever sales and business improvements will ensure Successful Continuance.

PROTECT YOUR TRADING

We Prevent Trading Interruption giving space for you to action whatever sales and business improvements will ensure Successful Continuance.

RESTRUCTURE CASH FLOW

Companies are not usually stopped by Losses, but failed Cashflow. Amidst the urgencies of sales and business operations, control of collecting monies due from customers and timely payment of taxes and suppliers can easily slip. That can soon escalate to a cashflow crisis where accelerating payment demands and delayed receipts escalate into insolvency.

To prevent or resolve this we take charge of the company’s sales and purchase ledger action, work with creditors and debtors to rectify the position and establish safe onwards cash management.

RESIST STATUTORY DEMAND

Your Company can be served with a formal Demand for any sum over £5,000 and you will have only 18 days to pay the amount claimed, negotiate its withdrawal or apply to the High Court for an injunction to restrain the Creditor from serving a Winding Up Petition. Defence must show that the claim is inaccurate, disputed, or not yet due.

We first tackle the Claimants to achieve voluntary withdrawal, otherwise file defence. Creditors are often more willing to negotiate settlement than issue Proceedings. Why? – they face a large costs bill if they lose and, in Liquidation, they cannot know what dividend they will receive.

For immediate defensive action…email us the details.

REPEL DISTRAINT

We examine best defence before attendance. If you have assets that are not protected by being on lease, or subject to a floating charge from the bank) or stocks not protected by Retention of Title, we can protect them from attachment by selling them into third party ownership. We then pre-notify Creditors and Agents of these inhibitions, so as to avoid their attending and assist any negotiated settlement..

To ask us to avert a distraint, please email us the related documents

AVERT WINDING UP PETITIONS

If you receive a Winding Up Petition, we act immediately to get it withdrawn, or its advertising postponed.

Our Insolvency Solutions team often STOP these actions, negotiate payment, or delay them until you control the outcome by new funding, safe voluntary closure, or relaunching a fresh company.If the Petition has already been advertised we either overtake the Compulsory Winding Up by an urgent Creditors Voluntary Liquidation, or prepare a Managed Closure Package for the Official Receiver, which exhibits proper past conduct by the Director(s) and can avoid actions against you for personal liability.

Received a Petition? …even hours may count…..please call us immediately

COMPANY VOLUNTARY ARRANGEMENT

A CVA can sometimes offer a positive alternative to Creditors Voluntary Liquidation (CVL). The Director proposes a reduced sum settlement with creditors to cover all past liabilities, A strong upside is to let the Company reduce or defer most debts and continue to trade without interruption. Downsides are delay with proposals that may be rejected, continuing liabilities and trading with a high risk Credit Profile.

BUSINESS RESTART

If your liabilities are too great to “trade through “, a final option is to ask us to close the current Company completely and transfer your business, legally and seamlessly, to:

HOW WE HELP

We can ringfence your Company against Interruption by Demands or Distraint, freeing you to drive successful forward trading!”

ACTIONS WE TAKE

These often include :

  • Defer pressing Payments
  • Collect Slow Debts
  • Defend Hostile Demands
  • Prevent Distraint on Assets
  • Stop Winding Up Petition
  • Buy time for you to:-
    – Negotiate a CVA
    OR
    – Launch a Legal Phoenix

ASK A QUESTION?

Just click to ask us a question and we will answer promptly.

Give me a call to discuss the protection YOU Need!

Michael O’Connor M.A
Interco Director

 

Chichester :01243 624716
Horsham :01403 839766

 or email :

Give me a call to discuss the protection YOU Need!

Michael O’Connor M.A
Interco Director

Chichester : 01243 624716
Horsham : 01403 839766

or email :

Chichester, St John’s House, St John’s Street, PO19 1UU : 01243 624716

Also in : Horsham, Afon Building, RH12 1TL : 01403 839766

Interco Management Limited

BUSINESS INSOLVENCY SOLUTIONS FOR DIRECTORS AND BUSINESS OWNERS IN CHICHESTER AND SUSSEX

Chichester, PO19 1UU : 01243 624716
Horsham, RH12 1TL : 01403 839766

Interco Management Limited

BUSINESS INSOLVENCY SOLUTIONS FOR DIRECTORS AND BUSINESS OWNERS IN CHICHESTER AND SUSSEX