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Insolvency

The key to avoiding insolvency is to seek professional help as soon as the first signs of difficulty appear. The experienced professionals at Simmonds Ball Engert can assist in identifying problem areas and suggest solutions to improve the position of your company. Timely, expert advice can save your business from liquidation or receivership.

Receivership entails someone being appointed to raise funds within the company to repay a financier. Liquidation becomes necessary when so many of the company assets are sold that it cannot continue its daily business. A liquidator disposes of all the company assets, repays the creditors, and the company ceases to exist.

In the event that liquidation or receivership become necessary, Simmonds Ball Engert have the required skills and experience to assist. If your business is struggling under financial and operational difficulties, proactive and insightful action is vital to avoid or at least minimise the ramifications. Contact us today for an appointment and expert advice and assistance with your situation.

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3 Reasons To Use Us

  • 1.

    Business experience & skills

    The team at Simmonds Ball Engert have considerable experience and skills encompassing key aspects of a large variety of business in many areas of commerce and industry.
  • 2.

    Passion for business (your business!)

    We share your passion for your business and will strive to assist you in achieving your goals and aspirations.
  • 3.

    Proactive, responsive and understanding

    When you entrust us to become your advisor we will take a proactive approach and will engage with you on a regular basis. We will be responsive to your business requirements and undertake to understand the key elements of your business to enable us to provide tailored advice.