PHOENIX
BUSINESS SERVICES
PROTECTING YOU & YOUR BUSINESS
Who are Phoenix Business Services?
Established over 15 years ago, our team have over 140 years combined banking, commercial accounting and insolvency/business restructuring experience, dealing with banks, financial institutions, business angels, and specialise in assisting businesses experiencing cash-flow problems and difficult trading conditions. Members of our team have been in the position of running businesses suffering financial difficulties, and therefore fully appreciate the particular stresses and anxiety such a situation create.
My business has pressing creditors. Is that a problem?
No problem. A large percentage of our clients were under significant pressure from pressing creditors, and facing insolvency, and yet we still managed to obtain finance for, or successfully restructure, the vast majority. In many circumstances, finance may more easily obtained for phoenix companies, a business rising again from the ashes of an insolvency, free of debt, using the insolvency legislation and procedures under our expert guidance to help protect both you and your business.
What is a phoenix company? Is it legal? Click here for our Phoenix poem
A phoenix company is, quite literally, a new trading entity that arises from the ashes of an insolvent company. The phoenix company carries on the business of the old, insolvent company, with virtually no difference, save that the phoenix company is free of debt, and therefore in a much healthier and stronger financial position.
A phoenix company is perfectly legal, subject to certain conditions being met, a number of procedures being carried out, and the correct paperwork being in place, which we can of course do for you. It is our experience that the transfer of the business and trading activities is normally virtually seamless, and that the vast majority of customers do not know, or even care, about the transfer to the phoenix company.
What’s the cost?
We will only charge fees if we can help your business. We won't make a charge to you for initial telephone calls and meetings, and only once we agree a course of action, and start to put the plan into effect, will we look to charge. Our fees will usually be paid from the assets of the business, so there is often no cost to the directors for our services, and in many cases we are able to arrange fees so that there is no cost at all to the businesses we save.
Established over 15 years ago, our team have over 140 years combined banking, commercial accounting and insolvency/business restructuring experience, dealing with banks, financial institutions, business angels, and specialise in assisting businesses experiencing cash-flow problems and difficult trading conditions. Members of our team have been in the position of running businesses suffering financial difficulties, and therefore fully appreciate the particular stresses and anxiety such a situation create.
My business has pressing creditors. Is that a problem?
No problem. A large percentage of our clients were under significant pressure from pressing creditors, and facing insolvency, and yet we still managed to obtain finance for, or successfully restructure, the vast majority. In many circumstances, finance may more easily obtained for phoenix companies, a business rising again from the ashes of an insolvency, free of debt, using the insolvency legislation and procedures under our expert guidance to help protect both you and your business.
What is a phoenix company? Is it legal? Click here for our Phoenix poem
A phoenix company is, quite literally, a new trading entity that arises from the ashes of an insolvent company. The phoenix company carries on the business of the old, insolvent company, with virtually no difference, save that the phoenix company is free of debt, and therefore in a much healthier and stronger financial position.
A phoenix company is perfectly legal, subject to certain conditions being met, a number of procedures being carried out, and the correct paperwork being in place, which we can of course do for you. It is our experience that the transfer of the business and trading activities is normally virtually seamless, and that the vast majority of customers do not know, or even care, about the transfer to the phoenix company.
What’s the cost?
We will only charge fees if we can help your business. We won't make a charge to you for initial telephone calls and meetings, and only once we agree a course of action, and start to put the plan into effect, will we look to charge. Our fees will usually be paid from the assets of the business, so there is often no cost to the directors for our services, and in many cases we are able to arrange fees so that there is no cost at all to the businesses we save.
To protect & save your business, call
0871 245 4885
0871 245 4885
