Whatever a Directors efforts sometimes the weight of company debts is simply to great to surmount. The costs of refinancing would eat the ongoing revenues, or creditors will simply not agree to viable deferred terms.

But perhaps the business itself is now successful?. Customers are increasing; running costs under control; reputation has been established. So just at the time success is within grasp, you are forced to stop !

If this happens go on “making it happen!”. Interco will help you manage a viable, legal, financed, restart of the business, in whole, or part, as a fresh new company.

Getting it Right?

Which Method?

To effect a successful re-start Interco takes an overall role as your “Transition Manager”, helping you plan and implement as smoothly as possible and staying in place until oldco is liquidated and Newco is starting to trade positively. On request we can further assist by providing practical management accounting and consultant support for safe growth.