How In Time Financial Recovery Works for Businesses

In Time Financial Recovery provide the same approach and level of service to all assignments, regardless of size...

• FREE initial consultation to assess your financial position by establishing and understanding...
  • assets
  • liabilities
  • events leading to and extent of financial difficulties (e.g. loss of major customer, bad debt, obsolescence, ill health etc.)
  • key performance indicators
  • historic accounts 
  • management accounts and forecasts
  • historic and ongoing order book
  • details of pressing creditors
  • Inland Revenue/VAT/bank position
     
• Determine whether there is a potentially profitable core business 
   
• Consider options available, which will vary depending on the extent of the problem... 
   
  • The company has a short term problem that can be overcome
    • Solutions include refinancing, streamlining or cost reduction
    • Outcome - operation continues with a brighter future
       
  • The company has a serious cash flow problems but has a profitable core business 
    • Solutions may range from a Corporate Voluntary Arrangement or other restructuring procedure whereby the company and business can continue or Administration or Liquidation whereby the business can be sold and operated through a different company
       
  • The company has a serious cash flow problems and no profitable core business 
    • Solutions may range from an orderly wind down of the business to Liquidation of the company.  In both cases the aim will be to achive the best realisation to maximise the return to creditors.

• Provide all clients with given clear recommendations
   
• Where we are instructed to undertake further work we will endeavour to provide a fixed quote

Our hope is that you will come to us at a sufficiently early stage so that the problem can be solved without the need for a formal insolvency procedure.

In many cases had a review been carried out 6 months earlier or at the first signs of cash flow problems the financial outcome for businesses would have been significantly better.  It would have also meant 6 months less pressure and stress for the client as the burden of dealing with the financial problems would have been passed to a specialist.

With our extensive industry experience and our wide network of contacts we can provide a comprehensive range of solutions tailored to your individual circumstances.

Don't wait until it's too late... call In Time