Menu

Insolvency

The key to avoiding insolvency is to seek professional help as soon as the first signs of difficulty appear. The experienced professionals at Gregory & McCarthy Chartered Accountants can assist in identifying problem areas and suggest solutions to improve the position of the company. Timely, expert advice could save your business from liquidation or receivership.

Receivership entails someone being appointed to raise funds within the company to repay a financier. Liquidation becomes necessary when so many of the company assets are sold that it cannot continue its daily business. A liquidator disposes of all the company assets, repays the creditors, and the company ceases to exist.

In the event that liquidation or receivership is necessary, Gregory & McCarthy Chartered Accountants has the required experience and skills to assist. If your business is struggling under financial and operational difficulties, proactive and insightful action is vital to avoid, or at least minimise, the ramifications. Contact us today for an appointment and expert advice to assist with your situation.

Back to Services

Business Services

Business Services

We offer a wide range of services to help you run your business as effectively and as stress free as possible.

FIND OUT MORE
Specialist Services

Specialist Services

Our specialist services include SMSF services, business acquisitions & mergers, estate planning plus many more.

FIND OUT MORE
Tax & Audit Services

Tax & Audit Services

Need help with GST, audit and tax returns? Our team can assist you with all your taxation and auditing needs.

FIND OUT MORE