After losing a big client, we started struggling with our business outgoings and before we knew it was seriously late with VAT and being threatened with action by HMRC for Corporation tax. Thankfully we decided to act and were helped into a CVA to get our debts in order, restructure our business costs and regain control of our cashflow and return to profit within 18 months.
Director, Electricians, Kent
Beauty Salon, Manchester
We finally made the decision to contact Company Help after several months of trying to dig ourselves out of a downturn in business. The mental and physical pressure it placed on us was overwhelming and caused a severe breakdown in the relationship between my business partner and I so we knew we needed to ask for help to get out this situation and stop legal action against our business. Luckily, we were able to liquidate our company and go our separate ways amicably, whilst paying off most of our creditors.
Director, Beauty Salon owner, Manchester