Your overdraft is always at the limit and the Bank
will not increase it.
Your Bank is returning cheques.
Personal guarantees or other security is being
demanded by your Bank.
Statutory filing requirements
Failure to file Annual Returns.
Failure to file accounts at Companies House in time to avoid penalties.
Failure to file timely Returns with HM Revenue and Customs in order to avoid penalties.
Difficulty in paying VAT, PAYE/NIC Liabilities and
trade creditors on time due to tight cash flow.
New suppliers will only trade on pro
Warning letters or Court proceedings being received.
Visits by Sheriff’s Officer or Bailiffs.
Large or frequent bad debts being incurred.
Failure by customers to pay on time.
No dedicated credit control management.
No clear strategy for the future.
Fire fighting instead of concentrating on daily
Lack of management time to consider important
If a combination of the above signs are being
experienced by you or your business then it is time to
seek objective, impartial advice and discuss the
solutions available as soon as possible.
Request a callback
Registered in England. Registration no 05410554. Registered address: Inducta House, Fryers Road, Bloxwich, Walsall, West Midlands. WS2 7LZ. Eileen T F Sale, FIPA, FABRP is a Licensed Insolvency Practitioner authorised by the Insolvency Practitioners Association, IP No. 8738. We are registered to hold and use data pursuant to the Data Protecton Act.
Registraton No: ZA 305893 Provision of Services Regulatons 2009 and Complaints Procedure information.