As a CEDR accredited mediator as well, we can help you resolve disputes in a timely and cost-effective way, and can add value if you are facing claims from an insolvency practitioner because I understand the issues from both sides. Talking to an insolvency practitioner can be a difficult step to take, but you need to hear the message. When you contact me for an initial discussion, I will tell it to you straight, without judgement, so that you can then decide on what to do next.
We offer our services across Cambridge, Bedford, and Peterborough with our head office in Cambourne, so please visit our website to see how we can assist you.
As a chartered accountant and licensed insolvency practitioner, McKay Business Solutions Ltd have been helping businesses since 1994 who have faced the challenges of operating when they are having cash flow problems and when they have needed to enter an insolvency process. I have personally acted as a liquidator, administrator, supervisor, and trustee in bankruptcy on well over 300 cases and with that, I have loads of experience to provide advice to directors on what they should do when they face insolvency and cash flow issues.
If your business in Cambridge or Peterborough is constantly struggling to pay the bills or you are in arrears with HMRC for VAT or PAYE, then it is likely that you have a cashflow problem.
There are many causes of a cash flow problem and many solutions. You may think that the answer is to put more cash into the business either from your own resources or by borrowing it. But this could mask the true problem.
We often see businesses that have injected cash into the business in an attempt to keep the business going. It may resolve the immediate issue but without more understanding of the problem, it is unlikely to be a long-term fix. Don’t think that you can just put the money in now and take it out later – that may cause you problems down the line.
The key to understanding how to solve cash flow problems is to identify what has caused the problem – is it a temporary situation or a more fundamental problem. Our solutions can help you with HMRC debt, VAT and PAYE arrears, and much more.
If your business in Cambridge or Peterborough is constantly struggling to pay the bills or you are in arrears with HMRC for VAT or PAYE, then it is likely that you have a cashflow problem. There are many causes of a cash flow problem and many solutions. You may think that the answer is to put more cash into the business either from your own resources or by borrowing it. But this could mask the true problem. We often see businesses that have injected cash into the business in an attempt to keep the business going. It may resolve the immediate issue but without more understanding of the problem, it is unlikely to be a long-term fix. Don’t think that you can just put the money in now and take it out later – that may cause you problems down the line. The key to understanding how to solve cash flow problems is to identify what has caused the problem – is it a temporary situation or a more fundamental problem. Our solutions can help you with HMRC debt, VAT and PAYE arrears, and much more.
