We are Licensed Insolvency Practitioners with decades of experience in business recovery and insolvency solutions. We understand that if you believe your company is approaching insolvency, it’s sometimes difficult to ask for help, or to take any action, but this is precisely when you should, because it may not be too late. At LB Insolvency, we are experts in developing business recovery strategies and providing insolvency advice, so please call us for a confidential consultation; your first meeting is completely free.
About You If your company has financial problems and you believe every road leads to insolvency, then you have everything to gain by talking to us. You may have more options than you originally thought. There are steps you may be able to take that will allow your company to continue to trade. Our aim is to help you achieve the best possible, beneficial outcome for you, your directors and your staff. Liquidations If all else fails, liquidations are handled by us with efficiency and speed. We are able to assist directors and shareholders with the winding up of a company by way of a creditors’ voluntary liquidation. This process involves the realisations of the company’s assets for the benefit of the creditors. We have an expert team of insolvency professionals who provide advice to businesses of all sizes, across a range of sectors. Bankruptcy Finding yourself in such a vulnerable financial position, can be daunting. If this really is the only option available to you, then we will support and advise you to make a bumpy road just a Little smoother. Solvency for Entrepreneurs’ Relief As a director/shareholder you have some financially beneficial options available to you if you are considering selling or closing your business. One such option is Entrepreneurs’ Relief via an MVL, which can save you a potentially significant sum of money on your tax bill. Different avenues are beneficial for different circumstance. It is important for us to understand your individual financial map. Creditor Services Our bespoke and tailor-made free service has been designed to maximise and recover outstanding debts owed to you by
individuals and companies that are insolvent. Once you receive notice of an insolvency procedure as a creditor, all you need to do is simply notify our team. From that point on, we will manage the entire claims process. We act on behalf of businesses, individuals,
local councils, business lenders and banks. CreditManagement Function for SMEs
Cashflow is king, and never more so than for an SME. We therefore can provide a Credit Management Function for businesses which do not have the luxury of finance directors or credit controllers. Rescue procedures of Administration andReceiverships This offers a further olive branch and affords you the opportunity of a refinancing arrangement, management buyout or a sale as a going concern. Turnaround andRescue Packages There are times when a financial lifeline, alongside a turnaround and rescue package, will keep your business afloat. The difficulty is
that most traditional lending avenues would be firmly closed which makes this a difficult solution to implement. We, however, are able to bridge that gap and connect you to more sympathetic Specialist Finance Schemes, where appropriate. ViabilityReports The viability of your business is defined as your ability to survive in a financial performance and position capacity. Put simply, you need to be making sufficient profit to provide an income for yourself, as the business owner, but significantly, whilst also meeting commitments to your creditors. To this end, we can provide influential Viability Reports for you to present to banks when under facility renewal pressure.
Liquidations
Bankruptcy
Solvency for Entrepreneurs’ Relief
Credit Management Function for SMEs
Rescue procedures of Administration and Receiverships
Turnaround and Rescue Packages
Viability Reports
lbinsolvency.co.uk
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