Clarity, Calm Guidance & Straight Answers

Which Option Is Right for You?

Every business is different — and so is every path forward. Two companies with the same cashflow problems, debt levels or trading issues may need completely different solutions.

At Tenable Business Support, you get clear, honest advice that helps you make the right decision with confidence. We don't force anyone down a single route — we look at your situation, your pressures, and your goals.

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What You Can Expect From Us

You're not coming to us for jargon or judgement.
You're coming to us for clarity.

Free, confidential advice

Private, discreet, and focused entirely on helping you.

No judgment, ever

Many directors face financial difficulty — you are not alone, and you are not a failure.

Honest answers in plain English

You'll get clarity, not confusion.

Support from someone outside your usual circle

Sometimes the biggest relief comes from speaking to someone who isn't emotionally involved. We see clearly when you feel overwhelmed.

Calm guidance when everything feels chaotic

We reduce panic, avoid rushed mistakes, and help you regain control.

Our Approach: Simple, Supportive, Clear

We walk through each step with you so you fully understand your position and your options.

1

Full Review of Your Financial Position

We identify what's urgent, what can wait, and where the real pressure points are.

2

Clear Explanation of Every Option

Rescue, restructure, time-to-pay, refinancing, creditor negotiation, or closure — you'll know exactly what each one means.

3

What Each Option Means for You, Personally

We explain the director implications in simple terms so you can make informed, safe decisions.

4

The Fastest Way to Reduce Pressure

Often there are simple steps you can take immediately to calm the situation.

5

A Plan for Long-Term Recovery or Controlled Closure

We support whichever route is best for you — no agenda, no pressure.

You remain fully in control of every decision.

We simply give you the clarity to choose wisely.

Common Solutions Explained

Understanding Your Options

Here are some of the most common solutions we help businesses with. The right one for you depends on your specific circumstances.

Company Voluntary Arrangement (CVA)

A formal agreement with creditors to pay debts over time. Ideal for viable businesses facing temporary cashflow issues.

Keep trading while repaying debts

Legal protection from creditor action

Typically 3-5 year repayment plan

Administration

Court-approved protection to rescue the business or achieve better outcomes for creditors than immediate liquidation.

Moratorium on creditor actions

Breathing space to restructure

Can lead to sale or rescue

Creditors' Voluntary Liquidation (CVL)

Formal closure when the company cannot continue. A controlled, director-led process ensuring legal compliance.

Orderly wind-down process

Protects directors from wrongful trading

Assets distributed fairly to creditors

Members' Voluntary Liquidation (MVL)

Tax-efficient closure for solvent companies. Perfect for retirement or when directors want to move on.

For profitable, solvent businesses

Significant tax advantages

Clean, professional exit

Business Rescue & Turnaround

Strategic restructuring to restore profitability. For businesses worth saving with the right changes.

Operational and financial review

Cashflow management support

Creditor negotiation assistance

Informal Arrangements

Negotiated solutions with creditors without formal insolvency proceedings. Often faster and less costly.

Time to Pay arrangements

Payment plans with HMRC

Creditor compromise agreements

Every Business Is Unique

These options are not one-size-fits-all. What works for one company may not suit another, even with similar challenges. Our role is to help you understand which path makes the most sense for your specific situation, timeline, and goals.

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60+
Years Combined Experience
Common Questions

How Do I Know Which Option Is Best?

This is the most common question we're asked — and it's exactly the right one. The answer depends on several key factors:

Your Current Financial Position

Are you solvent or insolvent? Trading profitably or making losses? This fundamentally affects which options are available.

What You Want to Achieve

Do you want to save the business, close it cleanly, protect personal assets, or retire? Your goals shape the recommendation.

Time Pressure & Urgency

Are creditors taking action? Is HMRC pursuing a winding-up petition? Timing affects what's realistic and advisable.

Impact on Directors & Employees

What are the implications for you personally? Your team? Your reputation? These matter in choosing the right path.

Creditor Cooperation

Will creditors support an informal arrangement? A CVA? Or is formal protection needed? Their stance influences strategy.

We assess all of these factors together during your initial consultation. You'll leave with clarity on which options make sense for you — and which don't.

We're Here for You — The Director

Not Your Creditors

Our role is to give you down-to-earth, easy-to-understand, common sense advice that's best for you — not what suits banks, HMRC, or other creditors.

Down-to-Earth

No corporate jargon. No confusing terms. Just straight-talking guidance in plain English that makes sense.

Easy to Understand

We explain everything clearly so you can make informed decisions with confidence, not confusion.

Common Sense Advice

Practical, realistic solutions that work in the real world — based on decades of experience helping directors like you.

You need someone in your corner who understands the pressure you're under and gives you honest advice about what's best for your situation — not what's convenient for creditors.

Critical Warning Signs

When to Seek Urgent Help

If you're experiencing any of these situations, don't wait. Early action dramatically improves your options.

Winding-Up Petition Received

HMRC or another creditor has filed to force your company into compulsory liquidation. You typically have 7-21 days to respond before a court hearing.

Bank Account Frozen

Your bank has frozen your account due to concerns about the business. This requires immediate attention to maintain trading ability and prevent further restrictions.

CCJ or Statutory Demand Issued

A County Court Judgment has been issued or you've received a statutory demand for £750+. Left unchallenged, this can lead to a winding-up petition.

Unable to Pay Staff or Suppliers

You're missing payroll, delaying supplier payments, or bouncing cheques. This is a clear sign of insolvency and requires professional advice immediately.

Consistent Trading Losses

The business has been making losses for multiple months with no clear path to profitability. Continuing without a plan risks wrongful trading liability.

Bailiffs or Enforcement Action

Bailiffs have visited or are scheduled to visit. Creditors are taking enforcement action to seize assets or recover debts through legal means.

Facing Any of These Situations?

Don't wait for the situation to worsen. Every day counts when urgent action is needed. Call us now for emergency guidance.

Emergency Line: 01484 861406
Real Questions, Honest Answers

Frequently Asked Questions

Here are the questions we're asked most often when business owners are trying to understand their options.

Still Have Questions?

Every situation is unique. Get personalized answers to your specific concerns during a free consultation.

Book Your Free Call

Ready to Talk?

A single conversation could reduce your stress, protect your position, or even save your business.

You do not need to make decisions alone or under pressure.

Book Your Free, Confidential Call

No judgement.

No pressure.

Just straight, honest advice when you need it most.

Book Online Now or Call 01484 861406
100% Confidential
Emergency Response Available
No Obligation