Why Speak to Tenable Business Support Before an Insolvency Practitioner?

Independent Advice That Puts Directors First

When a business is under financial pressure, many directors are told to "speak to an insolvency practitioner."

That advice isn't wrong — but it often comes too early.

At Tenable Business Support, we exist for one simple reason:

We act for you, the director — not the creditors.

That distinction matters more than most people realise.

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The Key Difference (In Plain English)

Tenable Business Support

  • Acts in the best interests of the director
  • Explores all options, not just insolvency
  • Helps you avoid unnecessary insolvency
  • Provides confidential, strategic guidance
  • Supports trading, recovery, exit or closure
  • Focuses on protecting you personally

Insolvency Practitioners (IPs)

  • Act primarily in the interests of creditors
  • Are legally required to maximise creditor returns
  • Must investigate director conduct
  • Often become involved after insolvency is inevitable
  • Cannot advise you in the same independent way

This isn't criticism — it's how the law works.

Why This Matters for Directors

Once an Insolvency Practitioner is formally appointed:

Your options narrow

Alternative solutions become harder to pursue

Your past decisions are investigated

Every transaction scrutinized by the IP

Your conduct is reviewed

Reports made to authorities

Your focus shifts to creditors

Not recovery or protection

You may lose control

The process takes over

By contrast, speaking to Tenable before that point keeps options open.

We Help Directors Before It's "Too Late"

When Directors Contact Us

Many businesses contact us when:

Cashflow is tightening

Payments becoming difficult to manage

HMRC debts are building

Tax arrears growing and deadlines approaching

Pressure from creditors increasing

More calls, emails, and demands

Sleep is being lost

Constant worry and stress about the business

Decisions feel rushed

No time to think clearly or plan properly

Insolvency feels "inevitable"

But may not be with the right guidance

Often, insolvency isn't the only option — but no one has explained the alternatives clearly.

That's where we come in.

We Explore Every Option — Not Just Insolvency

Before any referral to an Insolvency Practitioner, we look at:

Can the business continue trading safely?

Is there a path forward?

Are there cashflow or HMRC solutions?

Time to Pay arrangements, funding options

Is restructuring possible?

CVA, refinancing, or renegotiating terms

Is there a Time to Pay option?

Negotiating with HMRC directly

Can pressure be reduced quickly?

Creditor negotiation strategies

What protects the director personally?

Avoiding personal liability risks

Is formal insolvency actually necessary?

Or are there better alternatives available?

If Avoidable

We'll help you find the best solution to keep your business running and protect your position.

If Unavoidable

We'll tell you honestly — but we won't push you there unnecessarily.

Business, business people and office lifestyle concept

Independent, Director-Focused Advice

"No one explained this before."

"I wish I'd spoken to you sooner."

"I didn't realise I still had options."

We Provide:

Clear explanations in plain English

No jargon or confusing legal terms

No pressure, no scare tactics

Honest guidance without fear mongering

No judgement

We understand business challenges

Calm decision support

Think clearly in stressful situations

A neutral voice outside your usual circle

Objective perspective from experienced advisors

Sometimes the biggest relief comes from talking to someone who isn't emotionally involved — and isn't legally bound to act for creditors.

When We Do Involve an Insolvency Practitioner

If insolvency becomes the right step:

You go in informed and prepared

Full understanding of what to expect

Risks are identified early

No surprises down the line

Decisions are documented correctly

Protecting your position

You understand your responsibilities

Clear guidance on director duties

The process is controlled — not rushed

You're in the driver's seat, making informed choices

In short: you enter the process from a position of strength, not panic.

Why Going Straight to an IP Can Be a Mistake

Many directors go straight to an IP because they feel:

Overwhelmed

Pressured by creditors

Scared of HMRC

Unsure who to trust

But once that route starts, it's often difficult to reverse.

A Short Conversation with Tenable First Can Prevent:

Unnecessary liquidation

When alternatives exist but weren't explored

Director liability issues

Personal financial risk that could have been avoided

Poorly timed decisions

Actions taken in panic rather than strategy

Avoidable personal stress

Emotional toll from rushing into the wrong solution

Long-term financial consequences

Impact on future business opportunities and credit

Free, Confidential Director Consultation

We Offer:

Independent advice

Not influenced by creditors or others

Director-focused support

100% focused on protecting you

Confidential discussions

Complete privacy guaranteed

Clear explanation of risks and options

Plain English, no confusion

Guidance before any formal action

Understand your choices before committing to anything

You stay in control — every step of the way.

Book Your Free, Confidential Call

If you're unsure whether insolvency is the right path — speak to us first.

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01484 861406
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Within 2 Hours

No pressure. No judgement. Just straight, honest advice —

from someone acting for you, not your creditors.

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No Obligation
24/7 Available