The insolvent trading safe harbour applies where the directors start developing one or more courses of action that are reasonably likely to provide a better outcome for the company than an immediate liquidation or administration. The safe harbour protects directors from insolvent trading liability arising from debts incurred directly or indirectly in connection with any such course of action.
Pre-insolvency involves organising your tasks and schedule so you’re prepared for the next step to ethically protect your interests, before going into insolvency, liquidation, administration or bankruptcy. It mainly involves collecting all the information you need to help to design a strategy that will best suit and protect you and your family.
Turnaround management is a process dedicated to corporate renewal. It uses analysis and planning to save troubled companies and returns them to solvency, and to identify the reasons for failing performance in the market, and rectify them.
Business Health Check
A Business Health Check is a current comprehensive evaluation of the crucial elements of your business. It involves a comprehensive diagnostic on the business and the outcome will define the strength of the business while pointing out ways of improving the business.
Make your information systems more efficient, cost effective and user friendly. Integrate different parts and functions of your organisation. Identify key information to red flag that remedial action is required.
Legal and ethical means to avoid putting family assets at unnecessary risk.
Business Planning & Strategic Management
A frank examination of where your business is now and where you want it to be. Is this the best destination for your business?. Planning should be efficient and adaptable to changes circumstances. Like a good map it should be easy to know where you are and see where you are going.
Exit & Succession Planning & Implementation
When is it time to move onto the next stage in your life? Who is best to take over the business? Does the business have a saleable value in part or in whole? How to orderly wind down the business?
Fraud Investigation & Prevention
We can assist you is assessing your risk of fraud and putting in efficient fraud prevention measures. If fraud is suspected to have occurred we can conduct an investigation, gather evidence and assist with recovery of missing funds.