Smart Business Recovery Limited

Smart Business Recovery Limited is a business recovery and insolvency practice. It's focus is on helping directors of SME business's. Our insolvency practitioner has worked in business recovery and insolvency since 1990 and has a lot of experience and fully understands that when directors are in financial difficulty it is both a stressful time and they can be uncertain who to go to for help. We believe that person is an insolvency practitioner who has seen these situations may times before and can advice you on your options. We offer initial meetings which are free of charge, confidential and impartial. In those meetings we want to understand your business, what you want to achieve and answer your questions. We always start from the point of view of trying to find a route to save the business. This may be some form of re-organisation or restructuring plan or simply agreeing a payment plan with your creditors. However, we want to be honest and say that this can be very difficult in the SME marketplace because of small amount of assets and a lake of available funding and therefore sometimes the best route forward is a closure. Our insolvency practitioner also has a lot of experience in helping solvent business who want to wind down. Again it is important to plan early, sometimes many months, before the actual end date in order to ensure the run down is orderly, cost effective and tax efficient. It is normal that we will work with your existing accountant to ensure that all HMRC returns are completed and any solvent liquidation is completed as soon as possible. Finally we also offer advice to individuals, whether you are sole trader, a partner in a partnership or director with personal guarantee issues. Clearly discussing these issues can be very difficult and will often involve challenging issues such as residential homes and partners. We believe by understanding the options available you can at least be prepared for them and look towards a better future.