Shane gave me some top-class free advice regarding handling my business debt. He is very supportive, friendly and kind. Thank you so much.
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Shane gave me some top-class free advice regarding handling my business debt. He is very supportive, friendly and kind. Thank you so much.
A empresa respondeu
Genuinely, I only have good things to say about my experience dealing with 1st Business Rescue, namely Justin and Shane. Like most people, it can feel quite daunting having to pick up the phone to... Ver mais
A empresa respondeu
Justin and the team went above and beyond in my opinion for what was a very worrying and really stressful time for me. He held my hand through it all as I was mentally in a mess. Every step of the li... Ver mais
A empresa respondeu
Can honestly say, hand-on heart, Shane Verran is an absolute star. Incredibly helpful, kind, compassionate, and knowledgable. Above all he listens. Unlike others, he doesn't spout ou... Ver mais
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Escrito pela empresa
1st Business Rescue provides UK company directors with confidential advice on business debt, insolvency, company rescue and company closure. We help directors understand their options when a limited company is struggling financially, including liquidation, Company Voluntary Arrangements (CVAs), pre-pack administration, HMRC debt arrangements and solvent company closure.
We support directors throughout the UK, with advice available by phone, video call and face-to-face appointment.
Business debt, insolvency and company closure advice
Our team helps directors understand the financial and personal implications of company debt before deciding what to do next.
Our areas of advice include:
Liquidation and company closure
Closing a limited company with debts
Creditors' Voluntary Liquidation (CVL)
Members' Voluntary Liquidation (MVL) and solvent company closure
Company Voluntary Arrangements (CVA)
Pre-pack administration and pre-pack liquidation
Business rescue and restructuring options
HMRC arrears and Time to Pay arrangements
VAT, PAYE and Corporation Tax debt
Directors' loan accounts and overdrawn directors' loan accounts
Bounce Back Loan and CBILS issues
IR35-related company closure
Director redundancy considerations
Winding-up petitions and compulsory liquidation
General company debt and insolvency advice
Where a formal insolvency procedure is required, we can help directors understand the process and work with licensed insolvency practitioners to identify an appropriate route forward.
Our initial consultation is confidential and focused on understanding the position of both the company and its director before discussing the available options.
Frequently Asked Questions
What should I do if my limited company cannot pay its debts?
Seek advice as early as possible. Options can include an HMRC Time to Pay arrangement, a CVA, restructuring, administration or liquidation depending on the company's circumstances.
Can I close a limited company that has debts?
Yes. An insolvent company may be closed using a formal procedure such as a Creditors' Voluntary Liquidation (CVL). The appropriate route depends on the company's financial position.
Can you help with HMRC, VAT or Corporation Tax arrears?
Yes. We advise directors dealing with HMRC arrears including VAT, PAYE and Corporation Tax and can explain options including Time to Pay arrangements and insolvency procedures.
What happens to a Bounce Back Loan if my company is liquidated?
Bounce Back Loans and other company liabilities need to be considered as part of the company's overall insolvency position. We can review the circumstances and explain how they may be treated during liquidation.
What happens if I have an overdrawn director's loan account?
An overdrawn director's loan account can become important during insolvency because money owed by a director to the company may need to be repaid. We recommend reviewing the account before appointing an insolvency practitioner.
For confidential company debt, liquidation and insolvency advice, call 0800 084 3077 or visit 1stbusinessrescue.co.uk.
Lowry House, Marble St, M2 3AW, Manchester, Reino Unido
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Amazing advice which I needed desperately, now I’ve got a plan I can live ahead with. Amazing what a phone call can do when you speak to the right person and get the correct advice

Resposta da 1st Business Rescue Ltd
Didnt demand or require any payment. Got back with helpful and essential advice. On time call back. Amazing company. Would recommend to anyone who needs help with insolvency or liquidation. They where so so good and knowledgeable, any business issues. I highly recommend this company.

Resposta da 1st Business Rescue Ltd
Shane was amazing! He was straight forward and let me know what my options were and the most cost effective way of doing things . I really appreciate his transparency.

Resposta da 1st Business Rescue Ltd
Absolutely phenomenal professionalism and guidance from start to finish. Would
Highly recommend Justin and the team. They will make you feel calm and explain everything really clearly.

Resposta da 1st Business Rescue Ltd
Absolutely first class service from Shane, he made me feel comfortable talking about my situation and the advice he gave me was above and beyond what I was expecting.
Thank you again

Resposta da 1st Business Rescue Ltd
I’ve rarely come across a professional as insightful, composed, and genuinely supportive as Justin Barker. During a particularly stressful and uncertain time, his guidance was not only practical but also deeply reassuring. He instinctively understood the pressures I was facing and helped me navigate them with clarity and confidence.
Justin’s ability to listen, assess, and offer well-balanced, strategic advice is exceptional. His approach at Business Rescue reflects true professionalism and a sincere commitment to the people he helps. I trusted him wholeheartedly, and he exceeded every expectation.
If you are facing a difficult business situation and need someone who brings both expertise and empathy to the table, I can’t recommend Justin highly enough.

Resposta da 1st Business Rescue Ltd
What an amazing company, loads of knowledge and saving me £1000s

Resposta da 1st Business Rescue Ltd
Shane at 1st Business Rescue was incredibly helpful, honest, and supportive throughout the entire process. He took the time to explain everything clearly and provided practical, straightforward advice with genuine care. His friendly and approachable manner made a difficult situation much easier to navigate. Highly recommended for anyone needing expert insolvency guidance!

Resposta da 1st Business Rescue Ltd
Shane gave me some really transparent thorough advice and I can’t reccommend them enough. Would definitely use again

Resposta da 1st Business Rescue Ltd
I spoke to others but 1st Business Rescue were the most professional and knowledgeable I dealt with.
Shane was friendly, helpful and made me feel at ease straight away. My problem has been dealt with very quickly and I’m very happy with the result.
I highly recommend them.

Resposta da 1st Business Rescue Ltd
Shane was very helpful with providing information on next steps on getting our business closed. Making the process easy and straightforward

Resposta da 1st Business Rescue Ltd
I can't thank 1st Business rescue enough for their help and guidance through an extremely difficult time for my business, Justin is 1st class and really goes out of his way to assist in every which way possible, what a great company to help guide businesses that are struggling, I highly recommend.

Resposta da 1st Business Rescue Ltd
Justin has been very supportive helping me through a difficult time in the business. Highly recommended!

Resposta da 1st Business Rescue Ltd

Resposta da 1st Business Rescue Ltd
Such a brilliant service, I contacted this company when myself and my business were at rock bottom and the advice was efficient and top tier. Couldn't recommend enough!

Resposta da 1st Business Rescue Ltd
What a great service I spoke with Shane who gave me some great advice to help me make a decision on how to move forward with my Buisness. I could not recommend enough.

Resposta da 1st Business Rescue Ltd
Excellent service.
Would recommend anybody to get in touch with these guys if they are struggling with their business.
They have helped me take important steps and making decisions of what to do with my struggling business.

Resposta da 1st Business Rescue Ltd
Read this brilliant article & watched video "Can I strike a company off that still owes a Bounce Back Loan?"
This led me to calling 1st business direct. Absolutely phenomenal service, they response straight away, free and no obligation advice. Technical knowledge is brilliant. They talked me through various options. Now my stress has significantly reduced.

Resposta da 1st Business Rescue Ltd
Clear information.Friendly individual. Thank you Shane Verran

Resposta da 1st Business Rescue Ltd
Shane is very professional, providing the right advise

Resposta da 1st Business Rescue Ltd
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