Fitness Centre

This business had a £30k bounce-back loan, £1700 corporation tax bill,  vat bill of £13k and a £20k directors loan. The advice they were given from their Accountant was to close the business but they didn’t want to go down this road as they had spent years building up this business and felt there was still a business there.  They got in touch with the Boardroom Punks and thankfully they did.  If they had taken the advice of their Accountant, this would have activated their Directors Loan which  would have made them personally liable as well as lose their business.  So we are in the process of recycling their business to turn it into a profitable Fitness Centre.