Templeton & Company’s Post

Cash flow problems can be an early warning sign of impending company insolvency. When cash flow becomes squeezed the situation can quickly escalate, leaving the company unable to pay its liabilities and other overheads as and when they fall due. When this happens, the company can be said to be cash flow insolvent and swift action needs to be taken to rectify the situation. https://lnkd.in/eNAjSGpE

Cash flow problems can be an early warning sign of impending company insolvency. When cash flow becomes squeezed the situation can quickly escalate, leaving the company unable to pay its liabilities and other overheads as and when they fall due. When this happens, the company can be said to be cash flow insolvent and swift action needs to be taken to rectify the situation. https://lnkd.in/eU6x3c2K

Cash flow problems can be an early warning sign of impending company insolvency. When cash flow becomes squeezed the situation can quickly escalate, leaving the company unable to pay its liabilities and other overheads as and when they fall due. When this happens, the company can be said to be cash flow insolvent and swift action needs to be taken to rectify the situation. https://lnkd.in/epMkyweP

As the New Year begins and we are all preparing for the year ahead many businesses may need to carefully consider their prospects. With the national papers predicting three insolvencies a day, directors and managers alike should reach out to consider their options to avoid the loss of businesses and jobs but also, to fully understand their obligations when trading an insolvent business. Feel free to reach out to myself or John Fitzgerald to discuss yours or your clients' restructuring options. #restructuring https://lnkd.in/e9JkY5c4

In the last four months we have seen the number of insolvencies rise by 40% and 50%. Concerned by what is really happening on the business distress front, we asked Nick Hood at Opus Restructuring & Insolvency to drill down into the figures and come up with some conclusions https://lnkd.in/efDBVt8q

CAN YOU SELL BUSINESS ASSETS BEFORE YOU GO INTO LIQUIDATION 🚨 Thinking about selling business assets before going into liquidation? Here's what you need to know! 🚨 Yes, you can sell business assets before going into liquidation. As a director, you have the authority to make that decision. However, there are some important things to keep in mind: 1. **Sell at Market Value**: It's crucial to sell the assets at their true market value. Selling below market value can cause issues later on, as the insolvency practitioner may come after you for the difference. 2. **Get Professional Valuation**: Before selling any assets, it's wise to get a professional valuation. An agent or valuer can assess the value of the assets accurately, giving you confidence that you're selling at the right price. 3. **Keep the Insolvency Practitioner Informed**: It's essential to keep the insolvency practitioner in the loop throughout the process. They need to be aware of any asset sales, especially if you're considering a pre-pack liquidation where assets are transferred to a new company. 4. **Invoice Properly**: If you're transferring assets to another company connected to you, make sure to raise an invoice from the insolvent company to the purchasing company. This helps maintain transparency and ensures proper documentation. 5. **Repayment Terms**: If there's any outstanding balance from the asset sale, discuss repayment terms with the insolvency practitioner. They may offer repayment options to settle the debt over time. By following these steps and keeping communication open with the insolvency practitioner, you can navigate asset sales before liquidation more smoothly. Stay informed, stay proactive! ☎️ 0800 086 2766 book a free call with me here https://lnkd.in/epnRrHjV #businessadvice #businessdebt #liquidation #businessownersuk #insolvency #businesshelp #expertadvice #financialeducation #bouncebackloan #companydirector #insolvency #bouncebackloan #redundancyrights #businessdebt #companydirector #businesstiktok #FinancialWellness #InsolvencyExperts #DebtSolutions #FinanceTips #DebtManagement

Small Business Restructurings: A Pragmatic Option for Struggling Businesses   Many small businesses are struggling in the current climate. High costs, declining consumer spending, high interest rates and increased activity from the ATO to reclaim outstanding debt are creating significant challenges. The Small Business Restructuring Process (SBR) is a streamline form of restructuring that allows the director(s) of a financially distressed company to remain in control and work collaboratively with a qualified insolvency practitioner to formulate a debt repayment plan and restore commercial viability.  A restructuring can provide significant relief for distressed business owners. See the following article to read about some Jones Partners SBR success stories.     https://lnkd.in/gbNcCpU5 #jonespartners #insolvency  

Here's an interesting article from The Globe and Mail about business insolvency. "Business insolvencies, when business owners go through the formal process of a bankruptcy or a proposal, have climbed to levels not seen since the financial crisis of 2008" According to the article, the figures are underreported. One thing for sure is that we are heading into tougher economic times and companies need to tighten their operating budgets and adjust to todays business climate. https://lnkd.in/dSeiJVge

Corporate insolvencies to hit 33,000 in 2024 in the UK according to this Insight piece by TRI Strategy According to new forecasting from the Centre for Economics and Business Research (Cebr) corporate insolvencies could pass a 30-year high in 2024 Read more here https://lnkd.in/eEUic4RQ. #nexia #turnaround #restructuring #insolvency #ukbusiness Robert Hazelton

🔍 Understanding Insolvency: Navigating Challenges and Opportunities 🔍 At KPT Restructuring we recognize the importance of staying informed and proactive in the face of financial turbulence. Here are a few key insights to consider: 1️. Early Detection is Key: Recognizing the warning signs of insolvency allows for timely intervention. Whether it's declining cash flow, mounting debt, or loss of key customers, early detection empowers businesses to explore strategic solutions before it's too late. 2. Explore Restructuring Options: Insolvency doesn't always mean the end of the road. Exploring restructuring options such as debt renegotiation, asset sales, or operational restructuring can breathe new life into struggling enterprises. 3. Maintain Transparent Communication: Open and transparent communication with stakeholders is critical during times of financial distress. By keeping investors, creditors, and employees informed, businesses can foster trust and collaboration, potentially leading to mutually beneficial solutions. 4. Seek Professional Guidance: Navigating insolvency requires expertise. Whether it's legal advice, financial restructuring, or crisis management, seeking professional guidance can provide clarity and direction in challenging times. At KPT Restructuring, we're committed to helping businesses navigate the complexities of insolvency with confidence and resilience. Reach out to learn more about how we can support your journey towards financial stability and growth. #Insolvency #FinancialAdvisory #Restructuring #BusinessResilience #Finance #Strategy #BusinessInsights