Services
Support for businesses facing financial difficulty
A calm, structured first step when cash flow, creditors or projects are under pressure, including in the construction sector.
In short: QP Advisory helps directors understand their position early by reviewing cash flow, creditors, projects and operations, and by setting out options to discuss with lawyers and licensed insolvency practitioners. Formal insolvency appointments, such as liquidator or judicial manager, and other reserved professional functions are undertaken only by appropriately qualified and appointed professionals. We cannot prevent insolvency or guarantee any recovery for creditors.
Who this service is for
This service suits directors who are worried about meeting payroll, supplier or loan obligations; construction companies facing delayed payments, disputed claims or loss-making projects; and shareholders or creditors who need a clear picture of a company's position.
What the service covers
- Early-stage review of the financial position and short-term cash flow
- Creditor and debtor analysis, including disputed or overdue amounts
- Project-level review for construction and project-based businesses
- Operational review to identify pressure points and practical options
- Preparing information for lawyers, licensed insolvency practitioners and lenders
- Coordinating communication between the company and appointed professionals
Formal insolvency processes
Processes such as liquidation, judicial management and schemes of arrangement are governed by the Insolvency, Restructuring and Dissolution Act 2018. Appointments and reserved functions under these processes are carried out by licensed insolvency practitioners and lawyers.
QP Advisory's role is to help you prepare, understand options and coordinate with those professionals. Directors should obtain legal advice about their duties as soon as financial difficulty arises.
Information you may need to provide
- Latest management accounts and bank balances
- List of creditors and amounts owed, including tax and CPF
- List of debtors, progress claims and retention sums
- Loan, hire-purchase and guarantee documents
- Project status reports, contracts and correspondence on disputed claims
The exact documents depend on your circumstances. We will confirm what is needed before work starts.
How it works
- Confidential first discussionTell us about the situation. Early contact usually leaves more options open.
- Position reviewWe review cash flow, creditors, debtors and projects to build a clear picture.
- Options and referralsWe set out possible options and, where needed, introduce or coordinate with lawyers and licensed insolvency practitioners.
- Coordinated next stepsWe support the agreed plan and keep information organised for all appointed professionals.
Frequently asked questions
When should a director seek help?
As early as possible. Warning signs include recurring cash shortfalls, overdue statutory payments, creditors pressing for payment, and projects running at a loss. Early advice often widens the available options.
Are you a licensed insolvency practitioner?
No. QP Advisory does not take formal insolvency appointments. Where a formal process is considered, it must be handled by a licensed insolvency practitioner, and we can coordinate with one.
Can you stop a winding-up application?
No. A winding-up application is a legal proceeding and you should consult a lawyer immediately. We can help assemble the financial information your lawyer needs.
Is our discussion confidential?
We treat enquiries with discretion and handle personal data in line with our privacy policy. Legal privilege applies to communications with lawyers, not with advisory firms, so sensitive legal questions should go to your lawyer.
Discuss your requirements
Tell us briefly what you need. We will reply to confirm whether the matter is within our scope, what information we need, and the next step.