Many businesses are doing better since 2008 but all the while they are being held back by an historic debt. The reasons for the debt may have disappeared or the problem that caused it may have been sorted. However, it still makes its presence felt but making it hard to arrange new finance and generally draining cashflow. In some high profile cases recently we have heard about companies such as Fitness First and Clinton Cards that have had 100s of milllions of pounds worth of debt.
KSA Group can help companies by using rescue techniques such as CVAs, pre-pack administrations, trading administrations. We can also negotiate on your behalf with HMRC to arrange time to pay VAT, PAYE and other taxes.
Have a look at our page on company debt which highlights a number of reasons why businesses find themselves in debt and what can be done about it.