Best Financial Advisors in Loughton

Case study: Creditors’ Voluntary Liquidation of a digital marketing company – what can happen when directors fall out. We achieved an excellent 74p in the £ return for Creditors, but turnaround and survival could have been possible had we been instructed earlier. Our mantra has always been that the sooner we are brought in, the more we are likely to be able to do to help a company facing financial difficulties. Our first aim is to see of we can rescue a company, whether through turnaround advice or via an insolvency procedure such as Administration or a Company Voluntary Arrangement. In this case study from one of our own instructions, one of our partners, Nitin Joshi, looks at what caused a seemingly successful company to end up facing such severe financial difficulties that a Creditors Voluntary Liquidation (CVL) was the only option. In a cautionary tale, he notes that the initial drive and enthusiasm of the early days of a business can quickly wane when directors fall out.