There is no shame in being in financial difficulties - but there is in not admitting it and acting on it.

Most businesses go into liquidation due to inaction rather than a planned reaction to the problems with which they are confronted. Typical symptoms of this are:

• You are being chased by creditors
• Your bank is unwilling to extend you further credit
• You have County Court Judgements (CCJs)
• You are experiencing a prolonged decline in sales

At ELK we can offer an honest, impartial and comprehensive review of your situation. You will get the benefits of a 3rd party perspective to both you and your creditors, and somebody to negotiate on your behalf with your creditors.

Working with you, we can define a clear route forward for your business. This could include:

• the financial restructuring of your business
• developing new markets for your business
• developing new products for your business
• negotiating revised repayment terms with existing suppliers and banks
• creating an exit strategy

For a confidential discussion about the problems facing your business, please contact us.