As Insolvency Practitioners based in Manchester, Clarke Bell resolves debt problems and cashflow issues for small and medium-sized businesses, sole-traders and individuals.

• You can have a free consultation to discuss your situation – i.e. you can have some free debt advice.
• You will be told the best course of action for you to take.
• We can then help you put these actions into place to deal with your financial problems.

With a head office in Manchester, we have clients from Cheshire, Greater Manchester, Lancashire and Merseyside.

We also have offices in Cheltenham, Derby, Newcastle-Upon-Tyne and Stoke, and assist clients all over the UK.

The warning signs of potential financial difficulties
For a company:
	Your creditors are constantly having to pursue you for payment
	Suppliers have frozen your account
	You are continually near your overdraft limit
	Court proceedings have been instigated against you
	You are investing your own money, without certainty of getting it back
	You have a “gut” feeling that things are not going well
For an individual:
	You are making the minimum payments on loans or credit cards by using other loans or credit cards
	Court proceedings have been instigated against you
	Your creditors are constantly having to pursue you for payment
	You have already consolidated loans by borrowing against your property, and balances are creeping up again
	You have a “gut” feeling that things are not going well
If these issues apply to you, don’t ignore the warning signs and wait for things to get worse. Contact us now.
Tips to sort out your financial problems
For a company:
	Keep an up-to-date cashflow detailing work in progress and expected costs. If the cashflow shows anticipated losses, use this as an advanced warning that changes have to be made
	Improve your cashflow: - send your invoices out promptly - call in any debts that are owing to you - sell any assets that you do not really need - watch your overheads
	Continually monitoring indicators such as: - your profits (or losses) each month - your level of debt - the length of creditor days compared to debtor days - your stock levels
	Ensure contracts/orders are profitable – do not just chase turnover.
	Keep your existing (profitable) customers happy: - they are your most cost-effective source of revenue – so ensure they have no reason to go elsewhere - treat them how you would like to be treated
	Get rid of unprofitable and time-consuming clients
For an individual:
	Keep on top of your debt – always know how much you owe and what the minimum payments are each month
	If you work on a bonus or commission basis remember these are not always guaranteed, so make sure you can meet at least the minimum monthly payments from your basic salary
If you have tried the above free debt advice and you are still experiencing difficulties, contact us for further advice.