Client Portal

Is your company struggling with debt?

No matter what the size of your company or the reason for your business debts, cash flow problems are difficult and stressful for company directors.

At Clarke Bell, we provide professional and affordable company debt solutions tailored to you and your company. We’ve worked with thousands of company directors from multiple sectors, to find them tailored company debt solutions.

As Licensed Insolvency Practitioners, we can help you to get back on track and give you peace of mind with the knowledge that you have fulfilled all your legal obligations as the director of an insolvent company.

Our company debt solutions

Below is a brief overview of the main services we offer directors of a company which is facing severe financial problems.


A Creditors’ Voluntary Liquidation (CVL) is the process in which an insolvent company is formally placed into liquidation. Going down this route means your company will cease to trade, but it is almost certainly better to go down this route rather than to wait for one of your creditors force your company into compulsory liquidation.

A CVL acknowledges your legal duties as the director of an insolvent company. You will then be able to have a fresh start – perhaps getting a PAYE role in another company or starting up a new business.


A CVA (Company Voluntary Arrangement) is a process where your insolvent company enters into a formal agreement to pay its creditors a sum of money towards what it owes. There is typically a reduction in the total amount that is paid back to the company’s creditors, and duration of the CVA is typically 5 years.

The company would continue to trade. So this option is only viable if it is believed that the company can become solvent again.

Pre-pack admin

The typical situations for using the pre-pack admin option are:

  • the company has cashflow problems
  • the company can’t afford to pay its creditors
  • there is a possible buyer for the business
  • there is a realistic likelihood that the purchasing company can make a success of the business
  • the business’s value would decline if it was first placed into some form of insolvency procedure and then marketed for sale
  • liquidation is not an option
    However, this option is only available in certain circumstances.

Business rescue

Even if your company is struggling with late payments, increased overheads or a dip in market conditions, you may still be able to turn the situation around without the need of an insolvency solution.

However, it is always best to seek professional advice to make sure that you are not putting ‘good money after bad’.

Company debt solutions with Clarke Bell

At Clarke Bell, we can give you free and confidential advice, and will recommend the best course of action for you and your company to take. 

We are award-winning Licensed Insolvency Practitioners and have been trading since 1994. In that time, we’ve helped thousands of company directors to deal with their business debt problems – with our affordable insolvency services.

If you would like to discuss your company’s situation, contact us:

Tel: 0161 907 4040

Email: [email protected] 

More information

Creditors' Voluntary Liquidation
Company Voluntary Arrangement
Pre-pack administration
Business rescue

Accountancy firm turns around its cashflow problem

The difficulties A two-partner firm of Accountants was experiencing severe cashflow problems primarily arising from a temporary absence from work by one the partners due to ill-health. Before speaking to Clarke Bell, the partners had attempted to get support from their main creditor. This had proved unsuccessful however, and the company was being asked to…

See more

Cashflow problems hit business and its directors

Clarke Bell were approached by the directors of a children’s play-centre which had run into financial difficulties. The problems were also having a major impact on the personal finances of the two directors. Our Corporate and Personal Insolvency expertise meant that we were able to help the directors to deal with all the problems relating…

See more

Clarke Bell steps in to save 25 jobs for retailer

When a novelty gifts and gadgets retailer hit cash flow problems, the company was threatened with closure and the loss of 25 jobs at its five regional outlets, some of which were based in Manchester, Bury and Chester. However, the business was able to continue to trade normally, thanks to the intervention of Clarke Bell.…

See more

Estate agents seeks help after hitting cashflow problems

A North West-based Estate Agent had been trading successfully for a number of years, with turnover growing steadily year-on year, until the Credit Crunch arrived. Then things rapidly changed for the worse. The failure of Northern Rock had an immense effect on property sales throughout the country. Banks became reluctant to lend and customers were…

See more
For your free expert advice 0161 907 4044

Or just enter your details below

Contact Us

  • This field is for validation purposes and should be left unchanged.