Firm grows to meet demand of directors seeking recovery advice

A MACCLESFIELDBASED company has recently expanded to cope with the demand from company directors who, during these tricky market conditions, are looking for guidance on how best to avoid unnecessary insolvencies, assess company restructuring options and financial solutions for business directors.

The Directors

Helpline which operates from Macclesfield, is a free, impartial helpline which can be contacted online or via telephone where the team of experts guide Business Directors on the best recovery options for their business.

TDH specialises in advising directors of small and medium-sized businesses and crucially, understands not only the worries and concerns that Directors are facing, but how to recognise and resolve any business problems.

A spokesman said: “Running a business is a difficult, stressful job, and in the current economic climate, TDH has recognised the need to help and support Directors who may not know how to address the situations they may be facing. The team has over 10 years’ experience helping company directors overcome testing and complicated times for their businesses. The clear remit provides expert and accurate information to company directors currently experiencing stressful or pressurised financial issues particularly in the current climate of 2020 where businesses are struggling.”

Areas the firm can help in includes:

- Tax Arrears & HMRC Pressure. Tax and HMRC issues can be confusing and stressful and a Director can get in touch directly and deal one to one with an expert in any of these areas. TDH wants to help business owners work out the best solution for them.

- Furlough & Directors Redundancy. TDH is also able to give guidance on what furlough options are available including directors’ redundancy in the event of company closure. Understanding how this affects a company owner and giving clear guidance is provided by a dedicated expert.

- Insolvency. Oftentimes, once all avenues have been explored, insolvency may present itself as the most appropriate solution for a business. This can be a very daunting prospect for any Director to go through, but with careful guidance the process can be simplified as much as possible.

David Newton of The Directors Helpline said: “2020 has been an unusual year for every business, and Covid-19 has presented company Directors with many challenges, particularly within the hospitality, retail and construction sectors. Many people running a company today do not know what help is available to them, whether their business will survive and if not, how to go about winding down the company and starting afresh.”

He continued: ” The Directors Helpline prides itself on being an independent consultancy service who puts you, the Director first and aims to give you the solutions you need. Insolvency is not always the solution, but if this appears to be the right option for you, we are here to take you through the process.”

The Directors

Helpline offers 24 hour round the clock contact and is available through https://thedirectors helpline.org or by calling 0333 050 8451