R&T Turnaround and Recovery

27/05/2026

Silence from HMRC is often misunderstood. It can feel reassuring, but it rarely means the issue has disappeared.

In many cases, action is already being prepared behind the scenes. What matters most is what you do before formal steps are taken.

Understanding your position early can change the outcome.
Get in touch with R&T. It’s never too late to Start Again.

26/05/2026

A business can be profitable on paper and still feel under real financial pressure. Cashflow gaps, timing issues, and rising costs can quickly create strain behind the scenes.

It’s an easy position to overlook, but understanding what’s driving that pressure is key to regaining control.

This blog looks at why this happens, and what directors can do next.

Read more here: https://rtturnaroundandrecovery.co.uk/when-a-profitable-business-still-feels-under-pressure/

It’s never too late to Start Again.

Why Profit Does Not Always Mean Cash Common Cash Flow Issues in UK Businesses Why This Pressure Feels Frustrating for Directors How Better Cash Flow Visibility Changes the Picture Speak to R&T for Clarity and Control

25/05/2026

When cash flow tightens, it rarely comes down to one single issue. More often, it is a combination of pressures that need to be managed carefully and in the right order.

What matters is understanding that there are always levers available. From Time to Pay arrangements and short term finance, through to asset refinancing and creditor negotiation, the right approach can create space and stability when it is needed most. In some situations, a more formal restructuring may be the best route to protect the company and move forward with clarity.

The earlier these options are explored, the more flexibility there is in choosing the right path. Acting early is not a sign of failure, it is a sign of control.

It’s never too late to Start Again.
📞 020 3576 3854
📧 [email protected]

24/05/2026

An interesting insight into how Part 26A restructuring plans are gradually becoming more accessible for small and mid-market businesses, as market practice continues to evolve.

While these processes remain complex and often costly, the report highlights something important: viable businesses can still have options available when pressure builds early enough. Funding, creditor engagement, cash flow, and timing continue to play a major role in determining what is achievable, particularly for SMEs operating with limited liquidity.

It also reinforces a wider shift taking place across the restructuring landscape, where flexibility, collaboration, and early intervention are becoming increasingly important in achieving workable outcomes.

For many businesses, the earlier difficult conversations happen, the more pathways remain available.

It’s never too late to Start Again.

https://www.the-ift.com/wp-content/uploads/2026/05/IFT-Part-26A-RPs-and-SMEs-report_final.pdf?_bhlid=c8504953d4c51299e234c3eeb61f2debfcf3985d

23/05/2026

A strong and refreshing perspective from incoming R3 President Sonia Jordan on the future of the restructuring and insolvency profession.

One point that stands out is the continued emphasis on early advice and business rescue. Too often, insolvency is viewed only through the lens of closure, when in reality much of the work happening behind the scenes is focused on protecting value, preserving businesses where possible, and helping directors regain control before options narrow.

With ongoing economic pressure continuing to affect UK businesses, conversations around modernisation, responsible entrepreneurship, and practical support have never been more important.

It’s never too late to Start Again.

Sonia Jordan takes the helm at R3 at a pivotal moment for the UK’s restructuring and insolvency profession, as persistent economic uncertainty, geopolitical instability, and evolving business pressures drive demand for turnaround expertise across the market. A partner at Knights with three decades...

22/05/2026

The first questions directors ask during financial difficulty are often the hardest. What are my options. How serious is this. What should I do next.

Getting clear answers early can change the direction entirely. It brings structure to the situation and helps you move forward with confidence.

This blog explores those key questions, and how to start finding the right answers.

Read more here: https://rtturnaroundandrecovery.co.uk/the-first-questions-directors-ask-in-financial-difficulty/

It’s never too late to Start Again.

Why These Concerns Are So Common Understanding Director Responsibilities in Times of Pressure Why a First Conversation Is About Clarity, Not Commitment Gaining Perspective Before Urgency Takes Over Speak to R&T for Calm, Confidential Advice

21/05/2026

One of the most common misconceptions we hear is that asking for help signals failure. In reality, it is often the opposite.

Strong directors seek clarity when something does not feel right. They understand that early insight allows for better decision making, more flexibility, and a wider range of options. Waiting, on the other hand, can quietly limit what is possible.

There is a difference between reacting to a situation and managing it. Opening up a conversation early puts you back in control and allows you to explore the right path forward with full visibility.

It’s never too late to Start Again.
📞 020 3576 3854
📧 [email protected]

20/05/2026

When does rescue become repetition?

A thoughtful piece from Insolvency Insider UK highlights a growing tension within the UK insolvency landscape: the rise of repeat insolvencies and the questions they raise around accountability, transparency, and long-term viability.

Tools like Pre-pack administration play an important role in preserving value and protecting jobs. But when the same businesses return to insolvency multiple times, often with the same underlying issues, the conversation begins to shift. For creditors, confidence can erode quickly. For directors, scrutiny increases. And for advisors, the challenge becomes balancing commercial reality with ethical responsibility.

Each situation is different, but one theme remains consistent: what has actually changed? Without addressing the root causes of distress, restructuring risks becoming a short-term solution to a long-term problem.

For directors, the message is clear. Early action, honest assessment, and the right advice can make all the difference, not just in achieving a rescue, but in building something sustainable beyond it.

It’s never too late to Start Again.

The recent article by The Guardian on a UK recruitment business entering administration for a third time has prompted renewed scrutiny of an all-too familiar scene in the UK’s insolvency landscape…the repeat rescue.

19/05/2026

It is often easier to see the right path when you are looking at someone else’s situation.

When a client is under pressure, the approach is usually clear. You gather the facts, assess the risks, and take action early to protect the best possible outcome. There is less hesitation, less emotion, and more focus on what needs to be done.

When it is your own business, that clarity can become harder to access. The weight of responsibility, the emotional connection, and the day-to-day pressure can all make it more difficult to step back and assess the situation objectively.

Shifting that perspective, even briefly, can change everything. Applying the same logic and care you would offer someone else can help you see your position more clearly and understand what options are available.

It’s never too late to Start Again.
📞 020 3576 3854
📧 [email protected]

18/05/2026

Financial pressure often starts subtly. A tighter month, slower payments, or a shift in cashflow that doesn’t quite feel right.

It’s easy to carry on and hope things stabilise. But recognising those early signs creates more time, more options, and more control.

This blog looks at how financial pressure begins, and what to watch for.

Read more here: https://rtturnaroundandrecovery.co.uk/when-directors-begin-to-feel-financial-pressure/

It’s never too late to Start Again.

Most company directors do not reach a clear breaking point. Financial pressure tends to build gradually. Small challenges develop into ongoing concerns, often without a single defining moment. Delayed decisions, short-term fixes, and quiet stress in the background are all common. On the surface, the...

17/05/2026

A director has been disqualified for four years following involvement in companies linked to a scheme that allowed business owners to walk away from debts without entering formal insolvency.

Schemes like this often present themselves as simple solutions at a difficult time. For directors under pressure, the idea of stepping away from liabilities without going through a formal process can seem appealing. But as this case shows, the risks can be significant.

Taking on a directorship carries legal responsibilities, regardless of how involved you are in day-to-day operations. Failing to ask the right questions or fully understand what a company is doing can still lead to serious consequences.

We regularly speak to directors who have been approached with similar “solutions”. In most cases, these routes create more problems than they solve, particularly when they avoid the structure and protection that formal processes are designed to provide.

If you’re facing financial pressure, it’s always better to understand your options properly and take advice early. The right approach protects you, your business, and your creditors.

https://www.gov.uk/government/news/four-year-ban-for-director-who-neglected-duties-at-companies-linked-to-atherton-scheme

It’s never too late to Start Again.

📞 020 3576 3854
📧 [email protected]

North Yorkshire company director disqualified