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It is notoriously difficult to run a pub and make a decent profit. In many cases, debts in the business mount up and leave pub owners having to deal with problems with their cash flow.

An increasing number of pubs are struggling now, with recent industry figures revealing that up to 18 pubs are closing each week.

Whatever problems your pub is facing, it’s important that you get professional advice as soon as possible.

What problems are pub owners are facing?

The typical problems that many pub owners face include:

  • People spending more time at home instead of going out to drink.
  • The rising costs of suppliers and staff.
  • Increased rates and taxes.
  • Competition from other pubs and restaurants.
  • Lack of investment capital for refurbishments or marketing to generate more customers.

The profitability of a pub is damaged thanks to problems like these, and a lot of pub owners are looking for the best way to close down their company.

Specialists in the pub and bar sector

As specialist Licensed Insolvency Practitioners, Clarke Bell have over 24 years experience helping companies deal with their cash flow problems.

After discussing your company’s situation, we’ll give you our professional advice and help you decide what your best option is. For many pub owners who want to close down their company a  Creditors’ Voluntary Liquidation (CVL) is the best solution.

What are the benefits of a CVL?

Rather than waiting for your creditors to take action against you – such as by issuing a CCJ, a winding-up order or hiring a debt-collector – a CVL will allow you to take more control of the situation.

Our ‘Basic CVL’ service costs just £1,995 (including VAT), which makes it an affordable solution to seemingly insurmountable problems.

A CVL with Clarke Bell will mean you can deal with your business debts and fulfil your legal obligations as a company director. We’ll also ensure that everything is dealt with in accordance with all the relevant legislation.

Here are some of the benefits of a CVL:

  • A low cost solution to formally closing down your company (i.e. putting it into liquidation).
  • Company debts will be dealt with.
  • Be able to make a fresh start to explore other business options.
  • Meet all your legal obligations as the director of a company.

We’re here to help pub owners

Our clients in the pub sector are relieved to finally address their financial problems – with many saying that they wished they’d come to us for help sooner.

If the liquidation process isn’t the best option for you – as it isn’t right for every situation – we will tell you what is.

If you are the owner of a pub or bar which is having problems due to business debts – contact us today on 0161 907 4044 or [email protected]

Thank you for all your help with the liquidation matters. You were a joy to deal with.

They kept me properly informed throughout the whole process with full explanations to my many questions….their patience and empathy meant so much to me. My heartfelt thanks to them all!

Thanks to the help I received from Clarke Bell, I am able to pay off my debts in a reasonable and realistic manner.

When a pub is forced to call time, help is available

Running a pub and making a profit is tough. When it gets too difficult and the business debts are getting out of hand, it is time to get professional advice to see what your best options are.

This is what the pub owners did in this case…

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