To do this, we can carry out Viability Reports and Solvency Reviews for directors/shareholders or financiers who have concerns about the viability of a company.
Dains does this by reviewing the books and records of that company and speaking with the directors and shareholders. We then present our findings in the form of a written report or verbal presentation.
Our Insolvency Practitioners have realistic views on the values of assets if the company were to cease to trade and are aware of the legal obligations which will need to be complied with and potential offences under The Insolvency Act which may be being committed.
Dains can help with:
- Assessing the financial position of the company
- Preparing a report of the findings of the assessment
Dains Business Recovery Limited - Registered Company number 10115314. Registered office St John's Court, Wiltell Road, Lichfield WS14 9DS. Registered in England and Wales.
Martin FP Smith and Nicola J Meadows are licensed in the United Kingdom to act as Insolvency Practitioners by the Institute of Chartered Accountants in England and Wales. Furthermore, they are both bound by the Insolvency Code of Ethics when carrying out all professional work relating to an insolvency appointment. When acting as Receivers, Administrative Receivers or Administrators they act as agents only, without personal liability and when acting as Administrators, the affairs, business and property of the company are being managed by them.