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Accountant referrals

What we do & How we do.

 

As an accountant, you will occasionally come across a client whose business is in difficulty. The following are signs that they may need to speak with an Insolvency Practitioner:

• Cash flow problems
• Increasing debt levels
• Turnover/sales reduced significantly
• Recent losses with no turnaround plan
• Creditor pressure/unpaid supplier invoices
• Clients delaying providing information to complete accounts


 

Our Insolvency Practitioner is heavily involved in all cases that we work on and is always willing to meet with you and your clients face to face.

We focus entirely on Insolvency work and do not perform any general accountancy work. This means that you retain the client and your future relationship won’t be affected.

 

We aim to help clients with debt problems achieve a clean, one-time resolution of their difficulties. If your client has serious debt problems, one of the following solutions may be appropriate:

• Solvent liquidations (MVL) from £1,995 plus disbursements
• Insolvent liquidations (CVL) from £3,000 plus VAT (all inclusive)
• Company Voluntary Arrangements – Dependant on specific company details
• Individual Voluntary Arrangements – For non-incorporated businesses

By resolving the financial difficulties of the business, we enable you to continue to advise Members and Directors in relation to their ongoing business and personal affairs.


 

THE BENEFITS OF WORKING WITH BSS Solution.


As a specialist insolvency practice we don’t do any general accountancy work so your client relationship will not be affected.


In many cases, you can charge a fee for any work that you perform on the case. This can include fees for assisting with the following:

• Preparation of a Statement of Affairs
• Bringing accounts up to date
• Termination loss claims

Earn money with us.

 If you refer cases to us, we will be able to pay you a fee for your assistance in establishing the client’s current financial circumstances. If we require accountancy work to be performed on a case that you referred, we will always offer that work to you. Also, if we come across a client who needs an accountant we will always look to refer to our partners. 


 The benefits of working with us WHEN A BUSINESS BECOMES INSOLVENT, THERE IS A RISK THAT THEY WILL NO LONGER BE ABLE TO CONTINUE TRADING. BY REFERRING TO AN INSOLVENCY PRACTICE AT AN EARLY STAGE YOU WILL BE GIVING YOUR CLIENT THE BEST CHANCE OF RECOVERY. THUS, ENABLING YOU TO KEEP THEM AS A CLIENT GOING FORWARD. 

We go beyond what other general insolvency practices offer because we passionately believing in supporting businesses through recovery or (if closure is unavoidable) to start again. Through your working with us, this service will set us apart from the competition and leave your client with an ultimately positive experience. Business recovery is always our primary aim and there are often a variety of options available to company directors in distress. 


 If you would like to become a referrer or would like more information please contact us:  

0844 272 02 61


Should you have any clients who require advice, or you would like to meet with our Insolvency Practitioner then please call us on 0844 272 02 61 or email office@businessservicesolution.co.uk



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