Restart Business Turnaround Insolvency Limited

29/03/2022

Restart BTi News Bulletin

The last remaining temporary insolvency measures are being lifted and the insolvency regime is returning to its pre-pandemic operation. Directors may soon be facing increased pressure from creditors.

If you have any concerns about the future of your business, we offer confidential and independent advice with initial consultation free of charge.

Please do not hesitate to call us on 01246 959388.
https://mailchi.mp/restartbti.co.uk/restart-bti-news-bulletin-6234473

Licensed Insolvency Practitioner

16/03/2022

Bounce Back Loans - What You Need to know as a Director. https://mailchi.mp/restartbti.co.uk/restart-bti-news-bulletin-6195209

Licensed Insolvency Practitioner

29/12/2021

Directors can no longer dissolve companies that have outstanding debts.

If you are looking to dissolve your company with an outstanding bounce back loan, Companies House will prevent you from doing so as they are aware of all companies that have taken these loans.

Recently introduced laws ensure that the only way to dispose of a company that has debts it cannot pay is to liquidate.

We offer a quick yet low-cost liquidation service. Please call us on 01246 959388 to speak to one of our friendly advisors for a quick quote.

Licensed Insolvency Practitioner

11/02/2021

BUSINESS SURVIVAL SOLUTIONS FOR SOLE TRADERS

The pandemic has brought with it uncertainty for both businesses and individuals, especially those who are either self-employed or sole traders.

Social distancing and lockdown measures are likely to have had an adverse effect and may have given rise to cashflow issues despite a business remaining viable.

As the vaccine is rolled-out across the UK and measures are eased, sole traders may need the support of a formal insolvency procedure, not to end their business, but to ensure that it can survive.

Here’s a brief description of how an IVA can help a struggling sole trader to keep afloat.

https://restartbti.com/business-survival-solutions-for-sole-traders/

09/02/2021

New figures released today reveal that at least one in three small to medium businesses will be forced to close if lockdown is extended beyond 8 March 2021.

If you are a director of a business that is experiencing financial difficulties from which you do not believe you can recover, you should take the necessary steps to stop trading and wind up the company.

Call now on 01246 959388 for further assistance.
www.restartbti.com

05/02/2021

Are you looking to close your business ?

Perhaps your company has fulfilled its purpose, you’re moving on to pastures new, or you’re simply getting ready to retire.

Your business may have built up a pot of cash and as a shareholder you will want to extract that cash in the most tax effective way possible. A Members’ Voluntary Liquidation is the quickest, easiest way to do this and wind down a solvent company.

As a small, efficient practice, Restart BTi charge a fixed fee for members voluntary liquidation starting at £1,500 plus VAT and disbursements for straightforward cash distributions to shareholders.

We’ve streamlined our process to give you an affordable members voluntary liquidation with minimal effort from yourself.

If you would like to know more then please contact us at https://restartbti.com/contact-us/

Alternatively if you would like to speak with a member of our team call us now on 01246 959388.

Restartbti.com

29/01/2021

As a result of the pandemic many economists and business leaders are predicting a wave of company failures in 2021.

The implications for directors, when they find that their company is insolvent, are important to consider.
https://restartbti.com/directors-duties-in-insolvency/

If you are worried about your business or just want a no obligation chat then please give us a call on 01246 959388

www.restartbti.com

18/01/2021

The Federation of Small Businesses thinks around 250,000 small businesses will fail in 2021 unless additional support is made available.

Read more at https://restartbti.com/fsb-calls-for-greater-support/ and if your business needs help, contact us now to maximise your options.

https://restartbti.com

17/12/2020

Beware the Bounce Back Blowback! Directors who have benefitted personally from a Bounce Back loans may face problems if their business becomes insolvent.

See our latest article here: https://lnkd.in/esfN9j3

www.restartbti.co.uk

08/12/2020

Needing to rescue a company?

Check out our latest article which looks at the key advantages of the Company Voluntary Arrangement (CVA) process.

https://lnkd.in/efuVTmt

26/11/2020

Rishi Trims Furlough for Christmas.

The Government’s extension of the Coronavirus Job Retention scheme reflects the acceptance that we still have a way to go before a return to economic normality, but also the Treasury’s pressing need to deliver support on a budget.

Here are the key features:

http://www.restartbti.co.uk/news/furlough-extension-key-features/