The key to avoiding insolvency is to seek professional help as soon as the first signs of difficulty appear. The experienced professionals at James Mathers & Co can assist in identifying problem areas and suggest solutions to improve the position of the company. Timely, expert advice could save your business from liquidation or receivership.
In brief a Receiver is appointed to raise funds within the company to repay a financier. Liquidation is usually necessary once it is determined that a company does not have viable future. A liquidator disposes of all the company assets, repays the creditors and shareholders after which the company ceases to exist.
In the event that liquidation or receivership is necessary, James Mathers & Co has the required experience and skills to assist. If your business is struggling under financial and operational difficulties, proactive and insightful action is vital to avoid, or at least minimise, the ramifications. Contact us today for an appointment and expert advice to assist with your situation.
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