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Who We Are
Our Services
Insolvency Checklist
Useful Links
Blog
Contact us
CHecklist
Take the test below to check if your company is insolvent and know what steps to take next, whether to contact a liquidator, or solicitor, or financier, or an insolvency practitioner:
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Name
*
Email
*
Telephone
*
Does your company experience continuing losses?
*
Does your company experience continuing losses?
Yes
No
Does your company struggle to meet short term commitments as they come due?
*
Does your company struggle to meet short term commitments as they come due?
Yes
No
Does your company have overdue Commonwealth and State taxes?
*
Does your company have overdue Commonwealth and State taxes?
Yes
No
Is your company unable to borrow further funds from your present Bank?
*
Is your company unable to borrow further funds from your present Bank?
Yes
No
Does your company have access to alternative finance?
*
Does your company have access to alternative finance?
Yes
No
Is your company unable to raise further equity capital?
*
Is your company unable to raise further equity capital?
Yes
No
Are your suppliers placing your company on cash-on-delivery?
*
Are your suppliers placing your company on cash-on-delivery?
Yes
No
Does your company pay creditors unpaid outside trading terms?
*
Does your company pay creditors unpaid outside trading terms?
Yes
No
Does your company issue post-dated cheques frequently?
*
Does your company issue post-dated cheques frequently?
Yes
No
Are your company’s cheques frequently dishonored?
*
Are your company’s cheques frequently dishonored?
Yes
No
Does your company have special arrangements with selected creditors?
*
Does your company have special arrangements with selected creditors?
Yes
No
Were solicitors’ letters, summons[es], judgments or warrants issued against your company?
*
Were solicitors’ letters, summons[es], judgments or warrants issued against your company?
Yes
No
Are your company’s payments to creditors of rounded sums which are not reconcilable to specific invoices?
*
Are your company’s payments to creditors of rounded sums which are not reconcilable to specific invoices?
Yes
No
Is your company unable to produce timely and accurate financial information to display its trading performance and financial position, and make reliable forecasts?
*
Is your company unable to produce timely and accurate financial information to display its trading performance and financial position, and make reliable forecasts?
Yes
No
Comment
Submit