11 Mar 2025
9 min read
Worried about company debt?
Our licensed insolvency practitioners provide free, confidential advice tailored to your unique situation. No jargon, just clear solutions to help you rescue or close your company.
Call 0800 054 6580Contact Us
We can help if:
- You're under pressure from creditors or HMRC
- You can't repay your Bounce Back Loan
- You have cash-flow issues and mounting debts
- You don't know if your business can survive
Why Choose us
We'll look at your business from all angles and give you options. If you want to rescue your business - and it's possible - we'll guide you every step of the way. If you choose to close your business, we can help with that too.
Free initial consultation
Talk to us confidentially about your situation, before you commit to anything
Positive outcomes
We help you close your company in a structured and compliant way, minimising stress and potential legal repercussions.
Alternative solutions
If you have a viable core business, our team can also explore other options such as restructuring or company rescue.
Competitive Fees
We won't charge you over the odds for our insolvency and liquidation services.
Proactive approach
By taking the time to understand your situation we can overcome any issues before they arise.
No Paperwork
We'll take all the liquidation paperwork off your hands and organise any meetings required.
Qualified, regulated experts
You can trust our licensed insolvency practitioners to give legally-sound advice.
Transparent Process
We'll keep you informed every step of the way so you know exactly what's happening... and what's next.
What does insolvency mean?
Insolvency means that your business cannot afford to pay what it owes. It doesn't mean that your business is over. In many cases, tools like an up-to-date cash-flow forecast can help to identify and fix issues. In others, a closer look at what's working in your business, and what's not, can help you to evolve to meet your financial challenges. Our advisors can set up and help you use these tools to recover from insolvency.
If an informal solution isn't appropriate, our licensed insolvency practitioners can use a formal route which could save all or part of your business. The most important thing to remember is that you can come back from insolvency to run a successful, profitable company. Our experts can guide you every step of the way.
Our Services
We know that 'one size fits all' doesn't work when it comes to solving your business' challenges. So instead, our nationwide team of business rescue experts and licensed insolvency practitioners partner with you to find a solution that fits your business.
Creditors’ Voluntary Liquidation (CVL)
A Creditors’ Voluntary Liquidation (CVL) is an insolvent liquidation process. The company is closed. Its assets are turned to cash and used to pay creditors.
Members’ Voluntary Liquidation (MVL)
A Members’ Voluntary Liquidation (MVL) is an easy way to close a solvent business. Any assets are quickly liquidated and the cash distributed tax-efficiently.
Business Rescue
Business rescue is about giving struggling companies a second chance. Learn how the right support and processes can help protect your business and plan a way forward.
Cash-Flow Problems
Cash-flow problems can quickly put pressure on any business. Learn how to spot the signs early, understand the causes, and take practical steps to regain control.
Company Voluntary Arrangement (CVA)
A Company Voluntary Arrangement is a formal agreement with creditors that can help save your business from insolvency. Find out how it works and whether it’s right for you.
Company Administration
Company administration can help restructure your business and deal with debt. Discover how the process works and when it might be the right solution.
Individual Voluntary Arrangement (IVA)
A Individual Voluntary Arrangement lets you manage personal debts with one affordable monthly payment. Learn how it works and how it could help you regain control.
Bankruptcy
Bankruptcy is a formal solution for individuals dealing with unmanageable debt. Find out what it involves, the impact and whether it could offer a fresh start.
Our Industry Partners
FTS Insolvency is part of the FTS family
FTS Recovery is a national firm of licensed insolvency practitioners, with offices and staff covering the whole of the UK.
We're built for the humans behind the business.
As a firm that's been designed by its directors from the ground up, we understand the challenges you face. Our experts provide straightforward, tailored business advisory, and insolvency and liquidation solutions - to give you the clarity and confidence to move forward.
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