Business Rescue give their comments following a government announcement that liquidations have increased by 0.3% compared to the previous quarter, and almost 15% compared to the same period last year.
(1888PressRelease) December 04, 2010 - Business Rescue Service gave their comments today on the announcement by the Governments Insolvency Service that in the last 3 months, liquidations had increased by 0.3% compared to the previous quarter and by 14.2% on the same period last year. Additionally, compulsory liquidations were up 15.3% on the previous quarter and creditors voluntary liquidations were up by 1% compared to the same quarter in 2009.
The Business Rescue Service team is composed of highly experienced advisors and a panel of licensed Insolvency Practitioners, representing over 20 years combined experience of supporting both UK businesses and individual entrepreneurs through difficult trading conditions. They are equally adept at guiding both companies and their individual directors through the processes of liquidation and re-establishing fresh trading activities following the process:
"We are on hand to provide a vital guidance for UK businesses for every stage of voluntary liquidation, whether that is a Compulsory, Creditors, or Members Voluntary Liquidation. We also work with all the other major legal solutions for companies in financial difficulty Administration orders for Limited Companies and LLPs, including Pre-Pack Administration; Company Voluntary Arrangements (CVAs); Individual Voluntary Arrangements (IVA); Debt Management Plans (DMP), Bankruptcy for Partnerships Sole Traders and Individuals. We offer support for HMRC Tax arrears; individual advice for directors and overall our services ultimately protect both companies and the directors or sole traders on a personal level".
The team were keen to advise directors, managers or sole traders that the Business Rescue Service website contains a wealth of useful information on all major solutions to company insolvency plus important advice for directors. Having gained some initial information online, they can then gain immediate initial advice free of charge by telephone. The team is also on hand to support those directors who are looking to start afresh.
"Following the more final formal solutions, it can be somewhat bewildering to move directly from having dealt with liquidation, for example, into working through the formalities required to begin fresh trading. We offer a service to any directors working with us to support them fully during this vital regenerative recovery phase. We often assist in a company formation, opening new banking facilities, sourcing a new accounting team and so on, allowing our clients to move into the future with greater confidence."
Any sole trader or director concerned in any way about any aspect of
liquidation including all forms of voluntary liquidation should contact the team for immediate advice and professional support on 0845 468 2395 or visit https://secure1.namesco.net/businessrescueservice.co.uk/contact_us.shtml to send an email for prompt attention.
You are advised to contact the team as early as possible in order to gain the protection afforded by their expert guidance and explore as many avenues as recovery as possible before some may become closed off to you.
Business Rescue give their comments following a government announcement that liquidations have increased by 0.3% compared to the previous quarter, and almost 15% compared to the same period last year. 
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