◆ SECTOR
Insolvency and recovery
advice for accountants & advisers
A practical route for accountants whose clients need to assess company rescue, tax arrears or closure options.
Recognise when specialist input is needed
A client may present with missing returns, a growing HMRC balance or a cash-flow forecast that no longer balances. A wider discussion may be needed if creditors are escalating, payroll is at risk or the directors are considering continuing to trade despite persistent losses.
Need to talk it through?
A first conversation is confidential, free and without obligation. We’ll help you plainly assess your next step.
◆ PRESSURE POINTS
Key considerations for accountants & advisers
Prepare a useful referral picture
With the client’s authority, a concise handover can include current accounts, aged debtors and creditors, tax balances, finance agreements and any creditor deadlines. Identify missing information rather than allowing assumptions to become the basis of a proposal.
Keep roles and communication clear
The client should understand who is advising on accounts, tax, legal proceedings and any formal insolvency appointment. Agree what information can be shared and avoid promising an outcome before the figures have been reviewed. Contact Wilson Pitts to discuss the company’s circumstances and the appropriate next step.
◆ RELEVANT SUPPORT
Relevant support for
accountants & advisers
These are the routes most relevant to this situation. Each page explains the process in detail.
Company Rescue & Restructuring
If the business has a viable future, explore ways to stabilise cash flow, address arrears and keep trading.
HMRC Time to Pay
A realistic instalment proposal may help a business address overdue tax while meeting its ongoing commitments.
◆ NEXT STEPS
What happens if you get in touch
01
Understand your position
Discuss your financial position, current pressures and any urgent deadlines.
02
Review your options
Review the practical routes and the information needed to assess them.
03
Agree the next steps
Decide how to proceed with a clear understanding of the implications.
— CONFIDENTIAL BUSINESS ADVICE
Ready to understand
your business options?
Get clear advice when your accountants & advisers is under pressure. Tell us what is happening and understand the practical steps available to you.
- Confidential
- No obligation
- Clear next steps
WITHOUT OBLIGATION
Let’s talk about your business.
Start a confidential enquiry with our team. You do not need to know which service you need before getting in touch.
Supporting businesses across Yorkshire