Insolvency warning signs

Our insolvency law team provide confidential, objective advice where our goal is to turn your business around, retain its value and avoid formal insolvency action, for advice contact us on 0203 816 9303, alternatively please complete our online enquiry form and a member of the team will contact you directly.

Seeking independent advice early from a specialist legal firm like Stephensons will ensure you have a realistic assessment of your situation.

loading staff

The signs

It is important that businesses and individuals recognise the warning signs of insolvency and act on these as early as possible. This will ensure you have more options available to you. If any of the following warning signs are familiar to you and your business you may benefit from speaking to a member of our insolvency law team, call us on 0203 816 9303.

  • I have already made significant cuts but am still concerned about cash flow
  • My overheads are becoming increasingly unmanageable
  • Our sales are slowing down 
  • We are significantly short of our projected results
  • I have a personal guarantee for the bank lending to my business
  • Margins are dropping while competition is increasing 
  • I am worried about paying the HMRC or my VAT bill
  • Customers are taking longer to pay their bills and I have unpaid accounts
  • I am finding it difficult to pay creditors on time and stretching the credit terms
  • I am using one credit card to pay another and am only meeting minimum repayments or less each month
  • I have been served with court papers in respect of debts
9.2 out of 10
Trustpilot logo5-stars on trustpilot Based on count 547

We're Great

It is our business to deliver legal services that work for our clients, and you can trust our specialists to take care of things on your behalf.

Our Trustpilot reviews

They are very helpful in the matter at hand. They specialise in the problem you have, they listen to everything you have to say and are very professional.
View from an insolvency law client

Updated HMO licensing rules

New rules relating to Houses in Multiple Occupation (HMO) came into effect in England on 1 October 2018 without much fanfare and under the radar of many landlords. As a result of the new rules properties that did not require licencing previously may...

Read more

Twitter commercial

Stephensons reports 24.02% mean gender pay gap

The national law firm, Stephensons, has reported a 24.02% mean gender pay gap for fixed hourly pay as at 5th April 2018.  The firm has reported its gender pay gap in line with the government’s gender pay gap reporting regulations and ahead of...

Read more

Commercial reorder

  • Jonathan Chadwick
  • Louise Hebborn
  • David Baybut
  • Kate Bullen
  • Chris Graves
  • Alistair Gregory
  • Philip Richardson
  • Julie Ball
  • Martha McKinley
  • Paul Davies
  • Jonathon Waterhouse
  • Christopher Carney
  • Jessica Charnock
  • Matthew Halton
  • Julie Hunter
  • Adam Pennington​​
  • Andrew Whitehead
  • Mark Williams​
  • Brea Carney-Jones
  • Christopher Marsden
  • Laurence Searle
  • Gemma Wilson
  • Neil Marshall
  • Declan Gilroy​
  • ​Kerrie Ainscough
  • Matthew Smith

We're always here for you

As an award-winning top 150 law firm, with over 450 staff based in offices across the country, you're never far from the advice you need.

Find your nearest Stephensons office and arrange a meeting

As an award-winning top 150 law firm, with over 450 staff based in offices across the country, you're never far from the advice you need.