Insolvency Avoidance
If your business is suffering as a result of recent difficult events such as Covid19 or the loss of a customer or is struggling with cashflow and is under pressure from key creditors such as HMRC or a bank, LMS can assist.
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We offer guidance & resolutions to help turnaround:
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Bad Debt
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Tax arrears
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Loss of a significant customer
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Failure of a key supplier
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Lack of investment in the business
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Delays in production
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Sudden departure of key staff
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LMS understand that many companies experience difficulties when it comes to HMRC liabilities, and we can assist in restructuring this nature of debt.
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LMS can negotiate to repay these arrears over a sensible period, giving your business every opportunity of survival.
This method has provided the opportunity for companies with short-term problems to succeed.
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We provide clear advice for businesses that wish to grow to the next level and businesses that are underachieving.
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LMS understands that business difficulties can come from a wide range of factors which are sometimes outside of the directors/businesses control. LMS can review your situation and create a strategy to strengthen your business.