Traverse Advisory
Whether your Company is solvent or insolvent, we can help.
In business, even the best-prepared and well-equipped can suddenly find themselves in difficulties. When it happens, it can seem as though the only choice is between simply hanging on and hoping, or going over the edge. At that critical moment, you need a skilled, experienced partner who can assess the situation, then work out a route to safety.
Traverse Advisory
Whether your Company is solvent or insolvent, we can help.
In business, even the best-prepared and well-equipped can suddenly find themselves in difficulties. When it happens, it can seem as though the only choice is between simply hanging on and hoping, or going over the edge. At that critical moment, you need a skilled, experienced partner who can assess the situation, then work out a route to safety.
At Traverse Advisory, we specialise in providing cool-headed, jargon-free advice to owners, managers and lenders caught up in a business’ struggle for survival. We’ll approach the problem from all possible angles, and look for ways around the financial and practical obstacles you face. Then, whenever possible, we’ll present options for restructuring the business, protecting individual interests and creating a viable future.
When you’re faced with a number of obstacles and difficult choices, we’ll help steer you through and find the best way forward.
If you have a solvent company which you no longer require, then an MVL (Members’ Voluntary Liquidation) is likely to be the most tax efficient option for you to extract surplus funds. We can help you through the MVL process.
An initial consultation is always free of charge and without obligation.
Solvent liquidations
Traverse Advisory dealt with the liquidation efficiently and for a sensible fee. David Thorniley guided us through each stage of the process with clarity and responded quickly to all of our requests.
Traverse Advisory were recommended to me as specialists in business recovery. David quickly understood the difficulties my business was facing and came up with practical solutions. He was always at hand to answer questions. As a result of his advice, I have managed to preserve my business with minimal disruption. I would thoroughly recommend Traverse Advisory to any company who had the bad luck to find themselves in a similar position
Having run a successful business for 42 years it was a traumatic experience to be forced to place the company into administration. Your tireless efforts on behalf of both the creditors and shareholders have resulted in all creditors being paid in full. Throughout the entire process you dealt with us in a professional yet sympathetic and caring manner, which greatly reduced the stress we had to deal with
Traverse Advisory provided an efficient, economical and highly professional service, which I would thoroughly recommend
I dreaded taking the decision to wind-up the company, but finally was left with no choice. I contacted David Thorniley and arranged a meeting to discuss my options. David took time to explain the procedure. I can thoroughly recommend David Thorniley to take you through this traumatic time.
Traverse acted as IP on a debt that I thought we’d never see any money back on. On the contrary, the fees were kept to a sensible level in what was a complicated case, and we received back over 20p in the pound thanks to their persistence. I’d gladly recommend them if you’re unfortunate enough to be a creditor in such a situation. They will deal with all parties fairly – and that is pretty rare.
Traverse Advisory dealt with the liquidation efficiently and for a sensible fee. David Thorniley guided us through each stage of the process with clarity and responded quickly to all of our requests.