How We Help

In our experience, HMRC will always rely on financial forecasts and projections negotiating repayment of arrears. We can assist with the preparation of these, review and verify your tax liability, and open communications with HMRC. We also understand that tax can be a bit of a minefield, so offer a full tax advisory service to help guide you through any uncertainties.

As UK business and the wider economy transition back from emergency Covid measures we are working with business to ensure they have a positive financial future. Many businesses rightly took advantage of government financial packages, however it is essential to plan a financial recovery strategy that allows your business to remain afloat and grow, whilst paying back any loans. Our expert team can offer free advice and guidance if you have any concerns. 

If you have given a personal guarantee for a business debt and are worried what that could mean for you as an individual then we can offer free advice and guidance.  In addition, if you find yourself being pursued in respect of a personal guarantee it is prudent to scrutinise the small print before assuming that they are valid and payable.  So if you have any uncertainty over the validity of a personal guarantee, then let us know and we can provide a legal opinion on its enforceability.

If you have a profitable business but the historical debt has overwhelmed the company to breaking point, it may be that an administration process could be the difference between success and failure.  Whether you appoint an Administrator to trade your business out of a difficult spot or want to absorb the business and assets of your company into a new entity, will ultimately be up to you.  We can advise and guide you through what can be a daunting process. 

If your business is facing financial stress there are various pitfalls which could have a direct adverse effect on you as a director or business owner. Decision making during these periods can be critical, and our experts can help you make the correct ones, for you personally and the business.

Entering into a lease can be an exciting but daunting prospect for a business.  Sometimes, as businesses change and adapt the terms of a lease may no longer be suitable to the business needs.    At Libra we can offer some initial advice on the terms of a lease and have access to a team of legal agents if required.   With your permission, we can also contact your landlord on your behalf and negotiate modifications to the lease to help get your business back on track.

In a constantly evolving economy it can be difficult to adapt to changes in the market.  With decades of experience in advising businesses across all sectors, we can facilitate the transformation of your business, whether that be financial remodelling or digital transformation, Libra have the know-how to future proof your business.

If you are the owner of a cash rich Company, which has reached the end of its natural lifecycle, then we can offer a service called a Members Voluntary Liquidation.  The process involves the appointment of a liquidator who will distribute the cash to the shareholders, who then have the opportunity to take advantage of a reduced tax rate.

Sometimes, despite your best efforts, the best solution is to enter into an insolvency process.  However, this doesn’t need to be as scary as you might assume.  At Libra our experts offer a full range of processes and our team are on hand to discuss the various options available.

At Libra we have contacts within a range of different lenders, many of whom have a focus on small to medium enterprises and operate with more flexibility than some of the larger, well-known investors.  We can assist in seeking the right finance package, tailored for your specific business needs.