Guidance

Turning your company around

There are a number of ways for companies to recover from financial difficulty. Seek professional advice early to understand your options.

From:
The Insolvency Service
Published
7 July 2023
Last updated
2 October 2024 — See all updates

Help us to improve the director information hub by completing a short feedback survey.

If your company finds itself facing financial difficulty, speaking to an experienced, reputable turnaround or business recovery adviser could help you continue trading.

Company turnaround and recovery

Introduction to the concept of company turnaround and business recovery.

How to get a moratorium

How to get formal breathing space for 20 business days from creditor action.

Go back to the director information hub homepage.

Updates to this page

Published 7 July 2023
Last updated 2 October 2024 + show all updates

  1. Added link to new page on how to get a moratorium.

  2. First published.

Sign up for emails or print this page

Related content