Guidance

Director information hub: 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: 13 May 2026
  Show all updates

  1. 13 May 2026

     Added 'Director information hub' to title. Moved feedback content to foot of page to tidy it up.

  2. 2 October 2024

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

  3. 7 July 2023

     First published.

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.

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