For Companies….
Analysing the situation
An obvious starting point. Once we have spoken on the phone and met you to go through your options in general we will then build up a complete financial picture of your business. This will include listing all your assets and liabilities together with analysis of your past accounts, management accounts and future projections. We will also look at the break even point of the business and its possible future profitability based on any cost saving opportunities we may find. Depending on the situation we may liaise with valuers to obtain proper values for your assets.
Moving forward
Once we have the full picture the options will become clearer as to whether the company can be saved in its present format by way of a formal CVA or informal deals with the creditors or whether it will have to reborn into a new company via Liquidation or Administration. All options will be given you in a straight forward jargon free manner with all costs advised in full.
Financing the company
Whether the old company is to be saved, or a new company is to be formed to run the business, we will work with either your existing financiers (banks, factors etc) or new ones which we can introduce who have worked with us for years and who fully understand the sector we work in and who look more to the future of a business than its past.
For Individual’s…
We will assess your assets and liabilities and your income and expenditure and advise on the best course of action to get you back on the financial track either via bankruptcy an IVA or possibly an informal offer to your creditors. If a lump sum can be offered to your creditors we can usually arrange negotiated settlements of between 70% up to 95% off a debt. We deal with all major banks, credit card companies and finance houses on this basis.
Goldsmith Little – Call us now on 01253 713799