Simmonds & Co

Accountants and Insolvency Practitioners in Stockport

If you are sinking in debt and cannot keep afloat let Simmonds & Co throw you a lifeline. We are a well established and renowned firm of Licensed Insolvency Practitioners. The principal GORDON SIMMONDS has over 40 years' experience dealing with both corporate and personal insolvency.

For insolvency practitioners in Stockport contact Simmonds & Co today.

• Are you afraid of opening official letters
• Are your creditors consistently phoning
• Are you over borrowing to repay your creditors
• Are creditors threatening court action
• Are you under stress and irritable when trying to discuss money problems

Do any of these problems seem familiar? Why not try our confidential advice service and plan for speedy resolution to your debt problems.

Simmonds & Co strive to achieve the right solution for your individual circumstances and personal objectives. Our experienced and down to earth approach will take you through the range of potential solutions available to you. We believe that it is important that you fully understand your options and that you choose the solution which best meets your objectives and fully deals with the situation.

Our Services & What We Offer

• Debt enforcement
• Directors exposure/liabilities
• Bank reports and monitoring
• Statements of affairs
• VAT bad debt relief
• Reservation of title claims
• Counselling on insolvency and bad debt rumours
• Representation at creditor meetings
• Claiming and voting in a liquidation
• Chasing and accessing a liquidator for news

Simmonds & Co are experienced in establishing INFORMAL ARRANGEMENTS with creditors to relieve pressure during a reorganization or revival of your business.

VOLUNTARY ARRANGEMENTS , both INDIVIDUAL and CORPORATE, allow a formalized moratorium incorporating an instalment repayment plan with your creditors.

Rescue procedures of ADMINISTRATION and RECEIVERSHIPS provide an opportunity of a refinancing arrangement, management buyout or a sale as a going concern.

If all else fails LIQUIDATIONS are handled by us with efficiency and speed.

We act in SOLVENT MEMBERS VOLUNTARY LIQUIDATIONS with considerable experience in tax reconstruction schemes, shareholder deals, etc.

We fulfill an important CREDIT MANAGEMENT ROLL for small to medium businesses who do not have the luxury of finance directors or credit controllers.

We give priority in our advice to TURNAROUND AND RESCUE PACKAGES which we can support with SPECIALIST FINANCE SCHEMES where appropriate.

We can provide influential VIABILITY REPORTS for your presentation to bank when under facility renewal pressure.

We can undertake research into BAD DEBTS, FRAUD, etc, ATTENDING AND REPORTING on creditors meetings for you and MONITORING AND PROTECTING your interests where you have claims (including RESERVATION OF TITLE CLAIMS) against failed businesses.