Understand the position
Clear information before you decide what to do next
Compare company rescue, restructuring, repayment, administration and closure options with confidential specialist guidance.
- Test whether the underlying business is viable
- Separate short term pressure from structural losses
- Compare informal and formal rescue routes
Rescue starts with viability
A rescue plan needs evidence that the business can trade profitably after immediate pressure is addressed. Current margins, contracts, staffing, tax liabilities, funding and realistic future cash flow all matter.
More than one route may be available
Options can include creditor agreements, new funding, operational restructuring, a CVA, administration or a sale of the business. The company and the business are not always the same thing, so preserving trade or employment may require a different structure.
Timing affects the available choices
A rescue is easier to assess before a bank account is restricted, key contracts are terminated or a winding up hearing approaches. Early action also gives directors time to document decisions and communicate with stakeholders.
Practical next steps
What to prepare now
A clearer picture helps the first conversation focus on realistic options.
- Prepare a thirteen week cash flow forecast
- Identify profitable and loss making activities
- Review secured lending and creditor action
- Compare realistic rescue outcomes with closure
Common questions
Company Rescue and Insolvency Options FAQs
Can an insolvent company be rescued?
Sometimes. Rescue depends on the viability of the underlying business, funding, creditor pressure and whether a workable restructuring can be implemented.
Does administration always save the company?
No. Administration can support rescue, a business sale or a better result for creditors, but the final outcome depends on the facts.
Can directors remain in control during a CVA?
Directors normally retain control while the insolvency practitioner supervises the agreed arrangement.
This page provides general information and is not legal, tax or financial advice. The right action depends on the company’s circumstances. Formal insolvency procedures must be handled by an appropriately authorised professional.