Question 1

What is business rescue?

Accepted Answer

In general terms, business rescue means stabilising and restructuring a viable business in financial difficulty so that it can continue trading. Some rescue procedures are formal legal processes that must be handled by licensed professionals; our role is consultancy support and referrals.

Question 2

How does a business turnaround consultancy work?

Accepted Answer

We assess the business, identify the causes of difficulty, set out realistic options and help directors implement an agreed plan, working with your accountants, lawyers and other advisers.

Question 3

Can you help a business that is struggling with debt?

Accepted Answer

We can help you understand your position, improve cash management and prepare for conversations with creditors. Where formal debt arrangements or legal action are involved, we will refer you to qualified professionals.

Question 4

Can you help before a business becomes insolvent?

Accepted Answer

Yes, and earlier engagement usually means more options are available.

Question 5

Do you work with businesses in both the UK and Nigeria?

Accepted Answer

Yes. We support businesses in both markets and understand the cross-border challenges many companies face.

Question 6

How much does a business rescue assessment cost?

Accepted Answer

Fees depend on the size and complexity of the business. We will confirm fees in writing before any paid work starts.

Question 7

Is the initial consultation confidential?

Accepted Answer

Yes. The initial consultation is confidential and without obligation.

Question 8

Can you negotiate with creditors on our behalf?

Accepted Answer

We can help prepare proposals and support you in discussions. Where negotiations involve legal rights or formal procedures, a solicitor or licensed insolvency practitioner may need to act.

Question 9

Do you guarantee that a business can be saved?

Accepted Answer

No. No honest adviser can guarantee an outcome. We give you a clear, objective view of your options.

Question 10

When should I contact an insolvency practitioner or lawyer?

Accepted Answer

If your company may be unable to pay its debts as they fall due, faces legal action, or you are considering a formal procedure, you should seek advice from a licensed insolvency practitioner and/or lawyer promptly. We can help you make the right introductions.

Straight answers to common questions

Your Business May Have More Options Than You Think.