Case Study A
- Southeast-based hospitality (brewing and retail) group, £7m sales
- KSA negotiated 23 month time to pay deal with HMRC for VAT, PAYE, Beer Duty and NIC amounting to c.£700k
- TTP included repayment of R&D tax credits by HMRC
- Additionally negotiated over £1m of unsecured debts over similar periods
- Based on detailed business review, highly detailed forecasts
- Supported by comparison of outcome between total administration losses for creditors and 100p in £1
Case Study B
- Midlands based automotive and engineering design company, £9m sales
- KSA negotiated 30 month time to pay deal with HMRC Field Officer, for PAYE, NIC and VAT
- Additionally negotiated over £706k of unsecured debts over similar periods
- Based on detailed business review, highly detailed forecasts across this company and the wider group
- Supported by comparison of outcome between total administration losses for creditors and 100p in £1
- Creditors will be paid in full over time.
Case Study C
- London, Kent and Sussex law firm conveyancing, family and commercial law divisions
- Fee income across 3 entities totalling £8.9m
- KSA negotiated 48 month time to pay deal with HMRC Enforcement office for £916k
- Additionally negotiated over £1.1m of unsecured loans with Iwoca, Funding Circle and other loan providers
- Negotiated a CBILS loan with clearing bank, extended loan term by 24 months
- Negotiated exit from 3 unused properties, cutting overheads.
- Based on detailed business planning, highly detailed interlinked forecasts across this group
- Supported by comparison of outcomes between total liquidation losses for creditors and 100p in £1
Case Study D
- London based kitchen and furniture company. Sales £1.2m.
- Covid had massive impact, business was recovering
- One of two showrooms flooded, business hit hard and insurance rejected pay out
- HMRC liabilities of £117k for VAT, PAYE negotiated over 17 months
- Supported by comparison of outcome between total administration losses for creditors and 100p in £1
- Company struggled to gain customers and entered liquidation 8 months later.
