Insolvency Practitioners offering a helping hand

Licensed Insolvency Practitioners 

Taking the stress and pain away from directors through corporate recovery for businesses throughout the United Kingdom.

Insolvency is a state of financial distress in which a business cannot pay its debts when they fall due. Insolvency is a state of financial distress in which a business cannot pay its debts when they are due. Corporate insolvency affects many companies across the UK. A licensed insolvency practitioner provides highly experienced advice on turnaround solutions to company directors and their limited companies to formally help the business or close it down.

What is the function of a Licensed Insolvency Practitioner

Providing professional advice to try to prevent insolvency.

Providing professional advice to help avert insolvency, dealing with creditors and other parties either for a company or individual and instructing the sale of assets owned outright by the company through a third-party valuer, achieving the best possible value so the Insolvency Practitioner may pay creditors.

A Licensed Insolvency Practitioner (IP) remains authorised to act in connection with an insolvent individual, partnership or limited company specialising in company debt. Normally, IPs are accountants or insolvency specialists working in accountants’ firms. However, they may also be solicitors or qualified solely as an insolvency practitioner.

The highly experienced team at HBG Advisory will listen to your issues in confidence and work with you to achieve a workable outcome.

We offer advice and solutions to your financial problems and help you and your company move forward.

HBG Advisory services include:

                      • Free and confidential initial advice.
                      • Clear strategic advice on the available options;
                      • Instant access to our team of licensed insolvency practitioners;
                      • Business rescue and recovery options;
                      • Liquidation and Restart options;
                      • Solutions for: –
                          • Directors
                          • Sole Traders
                          • Partnerships and
                          • Individuals.

HBG Advisory Business Rescue and Recovery Services

Insolvency Experts dealing with Company Debt

The HBG Advisory Team is a dynamic, forward-looking company of Business Rescue and Recovery Advisors. All our Licensed Insolvency Practitioners are members of and regulated by “The Insolvency Practitioners Association.”

At HBG Advisory, we pride ourselves on offering a personal, fresh and professional approach to your business and personal business recovery and rescue needs. Our commitment to investment and technology training means we can streamline compliance cost-effectively, ensuring maximum returns for creditors and minimising financial demand for the company. Therefore, we will use our time efficiently to advise you on resolving your business’s financial problems, allowing it to either close legally or protect its position while considering its future viability.

Therefore, directors must have time to plan to maintain a viable company while protecting jobs and creditors.

What is a Licensed Insolvency Practitioner?

An insolvency practitioner (IP) is licensed to help companies and individuals with financial difficulties. They may be appointed to administer formal insolvency processes, but crucially, they can also be a source of aid before reaching full insolvency.

So, what can HBG Advisory do for you and your company?

HBG Advisory specialises in providing cost-effective corporate and corporate debt relief solutions for limited companies across the UK. We continue to provide our customers with outstanding services while delivering maximum returns to creditors and shareholders. As established licensed insolvency practitioners, we offer various insolvency products, in addition to voluntary liquidation, such as –

      • Creditors voluntary liquidation (CVL)- for an insolvent company;
      • Members voluntary liquidation (MVL)- for a solvent company;
      • Company Administrations – maintaining a viable company;
      • Company Voluntary Arrangement (CVA). Helping corporate directors balance liquidity with insolvency.

Many UK companies are still suffering from the COVID-19 pandemic, further compounded by the effects in Ukraine. HBG Advisory: We advise companies on repaying their loans and offer insolvency advice. So, make a positive decision to seek help.

We will also explain the difference between liquidation and administration and information on insolvency in the UK. We remain open to questions that may need clarification, thereby avoiding confusion.

In addition, we will confirm our advice in writing, along with our fees, providing assurances of our service by our licensed insolvency practitioners.

Failure to stop trading when insolvent

Failure to stop trading when unable to pay creditors can be considered misconduct, causing creditors to suffer further financial losses. As business recovery professionals, our licensed insolvency practitioners understand the importance of acting as liquidators of a limited company, whether in distress or simply wishing to stop trading. When you enter liquidation, our expert team helps clients with the liquidation process and offers clear, understandable guidance. All legal action stops.

All our IPs are members of “The Insolvency Practitioners Association” and have many years of experience. They passed their JIEB exams with flying colours. We must note that our IPs’ duties are under the Insolvency Act 1986.

Trading with a solvent company may allow you to claim terminal loss relief using an MVL.

To arrange the first meeting with a licensed insolvency practitioner and receive free initial insolvency advice for limited companies.

Experts in Dealing With Company Debt

National Restructuring & Insolvency Services

Providing Essential Support To Distressed Company Directors

If your business is insolvent, our experts will help you carefully evaluate all options. The team at HBG Advisory will help you with your best course of action in dealing with company debt, using, if required, business rescue and restructuring, winding up, and insolvency advice.

With offices in Preston, Swansea and other locations throughout the UK, our team can discuss your business difficulties online or at your preferred location. HBG Advisory supports businesses with business insolvency advice and advising  company directors on creditors’ voluntary liquidation advantages and disadvantages

Which option is best for me and my business?

The main objective of formal insolvency procedures is to maximise returns for the company’s creditors.

So, we usually try to keep the company’s business in operation with a rescue procedure subject to continuous viability.

The sooner a company seeks help from an insolvency practitioner (IP), the greater the chance the IP can preserve the company or its business.

HBG Advisory can help you and your company with

Our primary expertise helps directors of limited companies cope with pressure from creditors, including HMRC cash flow difficulties and debt problems.

HBG Advisory’s team, along with our Licensed Insolvency Practitioners, provide company directors with practical, efficient ways to deal with company debt through: –

  • Voluntary liquidation;
  • administration and other rescue processes.

As a licensed Insolvency Practitioner, we can help with:

  • Arrears of:
    • VAT
    • PAYE
    • Corporation tax.HMRC Tax Problems.
  • Company debt problems;
  • Personal Guarantees;
  • Pressure from Bailiffs;
  • Business Rescue & Recovery.

Licensed Insolvency Practitioners UK serving businesses throughout the UK dealing with company debt

Free Confidential Advice
We don’t need personal or company details to answer initial questions on your situation
You can book a free virtual meeting or call us on 0330 056 3120.

Bounce Back Loan advice for Company Directors

Directors should seek professional advice if they have Bounce Back Loan worries regarding repayments. The UK government introduced the COVID-19 support scheme to support businesses through the pandemic. owever, repaying the loans has been difficult. So ensure you seek advice sooner than later.

The Licensed Insolvency Practitioners team at HBG Advisory takes the pain out of corporate recovery and personal insolvency for UK businesses.

Insolvency remains a circumstance of financial distress in which an individual or company cannot repay their debts and cannot continue operating. A position that you never would have thought of, however, when you started your company to be the next Larry Page or Sergey Bring co-founders of Google or Jeff Bezos of Amazon. However, it is well-known that insolvency in companies is a problem that affects businesses annually in the United Kingdom. A licenced insolvency practitioner has the experience and knowledge to offer you the best possible advice and turnaround solutions for you and your business.

HBG Advides provides insolvency services for UK businesses.

Insolvency services include: –

      • Free confidential, no obligation consultations from a Licensed Insolvency Practitioner.

One of the most difficult things for a limited company in trouble remains accepting help. Our expert team offers a free and confidential initial meeting to discuss your options. An appointed licensed insolvency practitioner will guide you expertly through the most secure and realistic path to financial security, depending on the circumstances of each client.

      • Clear strategic advice about available options.

We always advise our clients on the best insolvency options as soon as the initial fact-finding meeting occurs.

However, every company will have its financial circumstances. Our job is to provide tailored advice for your situation.

      • Access to a licensed Insolvency Practitioner at HBG Advisory.

Trusting other people to make the right decisions for you in times of financial stress can be challenging. However, we promise you will be safe with our highly qualified and experienced team of licensed insolvency experts.

The HBG Advisory team focuses on putting you and your company back on the road to financial security.

To learn more about us at HBG Advisory and what services HBG Advisory provide.

      • Business Rescue and Recovery Options.

Voluntary Liquidation often includes various options, depending on the type of business and financial burden it faces.

      • Bounce Back Loan Support.

We offer bounce-back loan support to hundreds of concerned company directors who are confused about what to do next.

      • Liquidation and Restart Options.

Therefore, following the above, the best action will often be liquidation or a possible restart. However, this depends on the company type and financial burden level. So, if liquidation or restart is the most plausible solution, we will be there at every step.

      • Solutions for Company Directors, Sole Traders, Partnerships, and Individuals.

Our expert, robust insolvency services are available to struggling companies across the UK. Please contact us today to arrange your first free and confidential meeting.

Licensed Insolvency Practitioners 

Providing companies with business rescue and insolvency services

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