Financial Debt Options
& Solutions for
your Business
80%
Over 80% Of Debt Wiped
Out On Average
100+
Companies Helped
£££
£Millions In Debt
Written Off
Your Financial Options
The increase in bills and rent, the change of personnel, and even problems with a supply line can all impact the rate at which you can pay off a debt. We know how difficult it is to stay afloat during these challenges, and therefore know how to work with businesses to keep them operating. The financial options we will offer your business will help you negotiate through these difficult times. After a confidential consultation and a thorough examination of how your enterprise works, we will know exactly what will be needed to get everything back to a state of normalcy. Some of the financial options we will offer may include negotiating a Company Voluntary Arrangement (CVA) or a Time To Pay (TTP) Arrangement with HMRC. In other circumstances, we may look to find suitable investments elsewhere so that you can pay your debts without worrying about the closure of a company. But how do we do it? How do the Boardroom Punks know what solutions will fit your scenario? Read on to find out more about our innovative approach to business can help rescue your enterprise.
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Innovative Financial Options with Scotland’s Finest - The Punk way
At Boardroom Punks, we take an innovative new approach to helping businesses. We aim to work on every financial solution possible before the insolvency practitioners are called in. If you seek financial options for your enterprise, be assured that we have your interests in mind. SMEs are the backbone of our local economy, and we want to ensure that they are protected at all costs. Jobs, livelihoods, families, and futures are all interconnected with SMEs. The alternative approaches we offer are designed to protect both your business and lifestyle.
We have an elite team of financial experts that are serious about their trade. We have a variety of team members at Boardroom Punks with expertise in debt, VAT bills, business and project management, and government loans. Whatever financial options you believe will suit your company, be sure to get the advice of experts like us. You may want to discuss how your business can be restructured to help with the total expenditure of a business, or you might want to get some confidential information on how you can reorganise the timeframe of a debt. Whichever the scenario is, the Boardroom Punks will help you come to the best possible decisions.
WHO ARE THE BOARDROOM PUNKS?
Our business model was founded upon our managing director David Morgan’s experiences. In 2008 he received the news that his chain of opticians was trading insolvent and facing liquidation. After battling with the liquidators and the loss of assets of over £250,000, David dedicated his time to finding alternative solutions that would help with restructuring both his own business and the SMEs of the future. Today, Boardroom Punks is the solution that our director strived for, and we believe that we have the right tools in place to get any business back to a state where it can stand on its own two feet.
However, don’t just take the claims of expertise from ourselves. Our business experts have tested their skills in many different trading models. Beauty salons, haulage companies, decorators, and even jewellers have all needed the advice of Boardroom Punks. Whatever type of company you are looking to salvage, know that our solutions have been tried and tested across many different businesses. Some of the cases we are currently working on include businesses in the fitness industry, window installation, and wine. We always encourage our future clients to reach out and speak to those who have worked with us, as they are the best proof of our success.
Tailored options that work for you
One possible financial option that could suit a company is a Company Voluntary Arrangement (CVA). In this scenario, negotiations will be held with the creditors to re-evaluate the amount of debt due and the timeframe at which it is to be paid. Most CVAs are paid back between three to five years. Like an individual voluntary arrangement (IVA), there must be agreement from at least 75% of the creditors regarding the conditions of payment. A CVA is incredibly handy as it allows an enterprise to continue trading whilst the debt is paid off.
If there are problems with the business model, the Boardroom Punks may look at the cash flow of an enterprise. Analysing the ins and outs of a company can be helpful in understanding where money can be saved and where loans can be best used. Sometimes debts can build up because of a lack of attention given to the cash flow. With an experienced eye from ourselves on this, a company can use a loan wisely to clear off their debt.
In the case that there is an issue with the direction of a company, then we may suggest administration of pre-pack administration. In both of these scenarios, we will take firm control over the assets of a business whilst the debt issues are solved. If we believe that a pre-pack administration is the best solution, then the assets will be sold to an existing shareholder or a new buyer. The original company will be relaunched as a new enterprise. This may sound daunting to someone who has poured everything into a business, but sometimes it is the best way to rescue a company’s business model and trading purpose.
It is common for arrears to build because of VAT and tax. Sometimes financial options can be offered to solve these issues whilst negotiations with HMRC are conducted. With our previous clients, we have helped them wipe off 80% of their debt. In many of these cases, the arrears were because of tax, HMRC fines, and VAT bills.
Once we sit with you and the enterprise in question, we can work out a plan tailored to your needs. We always look for alternatives to insolvency, and the financial options we offer are a testament to our innovative approach. You can take confidence in the fact that our incentive is to save your business, and we will explore every avenue to ensure that it is given the best fighting chance.
With a free and confidential phone consultation, you can express any concerns surrounding debt you may have without any unnecessary pressure. If we believe that we can create an effective plan for your business, we will organise a meeting to analyse the problems in greater depth so that you can see how serious we are about saving the SME in question. Once the numbers are agreed upon, we will outline and execute the masterplan that will allow your business to continue growing.
You are not alone during these difficult times, and the Boardroom Punks have your back.
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“I was in a very bad place, David and his team saved my life, they were the ideal choice.”
Alan T
“The team at Boardroom Punks genuinely care and listen to client’s needs; most firms simply want the solution for a client where they make the most money.”
Mike W
“We had VAT issues that were affecting our ability to control cash flow. Since working with the Boardroom Punks team we’ve been able to move our business forward with a solution that perfectly suited our needs.”