It’s tough out there. The UK economy has been on quite a ride over the last few years since the credit crunch. While there has been a recovery, it has been limited and growth is still pretty weak. Which is bad news for UK businesses. Combine this with the lack of credit on offer from the high street banks and it spells really trouble.
No wonder high levels of business debt are posing a real problem for companies in all sorts of different sectors. And when debt starts to add up, it spells major problems. Problems that can send businesses over the edge. However, once this situation is reached, a winding up order is by means inevitable. Instead it’s time to reach out and see what sort of help is out there. Business debt can be restructured. Making the difference between staying in business or going under.
Cooper Matthews have been helping organisations in this position for many years now. They are experts in their field. Once they are called in to help out, the first thing they do is carry out a thorough business debt analysis. From the information that they gather, they can put a rescue plan in place to restructure the debt and ensure survival in the short to medium term. This gives the company the chance to regroup and put a plan in place to bring itself back to profitability.
Business debt analysis like this could be the key to survival. Otherwise money dries up and cash flow problems choke the business. Often with terminal consequences. By bringing in Cooper Matthews before it is too late, companies can prevent this from happening.
