If you are concerned about the solvency of your business, you should start considering the best course of action to protect yourself. 

You may be able to apply for government assistance, grants or seek extra time to pay outstanding debts. In a worst-case scenario, you should look at how you and your fellow directors can avoid personal liability, what steps you can take to safeguard the assets of the business and what insolvency procedures are available, including when to involve an insolvency practitioner.

If you would like to discuss any of these issues in more detail, you can contact

David Ellis on 07515 999503 or david.ellis@higgsandsons.co.uk

Carole Maddock on 07515 503330 or carole.maddock@higgsandsons.co.uk

If you have any other general queries or concerns that you feel we can assist with then please email supportingyou@higgsandsons.co.uk and somebody will get back to you as a matter of urgency.