When we meet a new client the last thing that we want to do is push for a formal appointment. Instead we look at all the alternatives before we turn to our insolvency toolbox.
We always meet face to face and listen to what financial problems there are and what you think is causing them. We want to understand the business and want to get to know what is motivating the client or holding them back.
Some want to trade on. There may be the next generation desperate to follow in their parents' footsteps and who are already earning their living on farm.
We can review and challenge current budgets or arrange for their preparation.
Working with a network of other agricultural professionals who are experts in their own fields, we can access finance and valuations for land, stock and chattel assets. If we can avoid insolvency we will guide the client to do so.
There may be a dispute with a landlord as the root cause of the business's difficulties. We work with our agricultural and restructuring solicitors to see what rights the tenant has, whether it be under the Agricultural Holdings Act 1986 or a Farm Business Tenancy. Alternatively, there may be a single creditor, secured or unsecured, where support is needed with negotiations.
Occasionally we meet clients who simply want to leave their business that has run its course. We will look to give them an exit with dignity, without worrying about whether they have enough assets to pay all their debts in full.
...and solved them.
Whether the client is in arable, dairy, or meat; a contractor, farmer or diversified business; food, leisure or renewable energy: we can help.
We will only agree a fee structure once it is clear what is required.
We and our associates offer:
- Business strategy reviews
- Cashflow preparation
- Budget reviews and re-modelling
- Business appraisals
- Acquisition assistance
- Property finance
- Chattel and stock finance
- Informal negotiation with creditors
- Litigation support
or the following insolvency procedures:
- Administration, pre pack and Liquidation
- Voluntary Arrangement