Our commitment to you with every FREE consultation
Our time
We will spend time with you either in person, by phone or via video conference in order to understand your situation and explore the available options.
Our advice
Following the consultation we will send you a report via email which summarises our discussion, confirms the advice given and provides a way forward.
Our support
Your dedicated advisor we will be available to support you with follow-up conversations as required. Wherever possible we make ourselves available in the evenings and weekends and provide a mobile number for direct contact.
Seeking Support for Solving Business Debt Problems In Derby?
At Bridgewood, we understand the challenge of managing business debt and the range of difficulties that can arise. Our team of experienced advisors and insolvency professionals provide guidance on how to navigate these issues, offering viable solutions tailored to each individual company’s situation. We are committed to providing a comprehensive evaluation of every case so that an effective resolution can be reached.
We offer face-to-face meetings, where our team of specialists can review all the options and devise a plan to put your business back on track. We also provide telephone advice for those who cannot attend the meeting in person or require more general information about their situation. Whatever the challenge, we are here to support you.
Book A FREE ConsultationOur team of local specialists are ready to help.
We understand the complexity of business challenges, and our team of experts is here to help you find the best solution to ensure a positive outcome for your company. We are dedicated to providing the highest quality of service through our diverse range of experience. Our team consists of over 100 years’ worth of combined knowledge and expertise.
Andrew Smith
Insolvency Practitioner & Partner
Tom Grummitt
Insolvency Practitioner & Partner
Aftab Zahoor
Head of Partnerships
Jennifer Ellyatt
Insolvency Practitioner Advice Manager - South
Need Advice?
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Covering Derby, we are here when you need us.
The Old Post Office
Victoria Street
Derby
DE1 1EQ
If you would like more information about our insolvency and liquidation services in Derby please call 0800 987 1040 for FREE immediate advice or request a callback below.
Book A FREE ConsultationBusiness Debt Advice Derby - We're Here to Help
Company Voluntary Arrangement (CVA) Derby
A CVA may be a suitable solution if you believe your company has a viable future but it is struggling with current cash flow problems and mounting debts.
- Allows the company to continue trading, with the existing Directors remaining in control
- Writes off the debt the company cannot afford to pay
- Stops legal action such as CCJs and winding up procedures
- Eases cash flow pressures
- Clears the company's unsecured debts ‐ usually within 5 years
Creditors' Voluntary Liquidation (CVL) Derby
If your company is insolvent and is unable to trade out of its current cash flow problems then a CVL may be the only appropriate course of action.
The Company Director Disqualification Act 1986 deals harshly with company directors who ignore the early warning signs of insolvency, so it is important to seek advice early in order to ensure you abide by the rules set out.
- Ensures all of the Directors' legal obligations are met
- Brings a formal end to the business, which can then cease trading
- Fees from as little as £2,500
Administration Orders Derby
The administration procedure is an alternative to receivership or liquidation with its primary purpose being the survival of the company or of part of its operation as a going concern
- Helps to avoid receivership or liquidation
- Provides legal protection from your creditors whilst a restructuring plan is put together
- The business can continue to trade while a plan is put together
- Primary purpose is the survival of the company or of part of its operation as a going concern
- Generally exited in order to enter a CVA
Need advice?
Book your FREE consultation or request a call back.
