The Ludgate Partnership - The director first approach to business

Helping underperforming businesses to avoid insolvency

Call us on 0845 071 0854

The Director first approach to business

Judgements, Winding up Petitions and Adverse Credit

Judgements

If you have a County Court Judgement against you, You must do something about it...even if you cannot afford to pay.

Our experienced team can help you at very short notice and relieve the stress that cash flow problems bring.

Burying your head in the sand won't help and may lead to:

  • More court costs
  • Enforcement procedures involving a bailiff
  • Winding up petition

Doing nothing is not an option. Please call us on 0845 071 0854 and allow us to help.

Winding up petitions and Statutory Demands

Should you ever be threatened with a Winding up petition or a statutory demand you need to act quickly. In our experience very few accountancy practices feel confident in advising in such circumstances.

Again doing nothing is not an option, or you may very quickly find your bank account frozen and your business effectively stopped in its tracks.

We can help in many ways:

  • Can the petition be set aside if there is a valid defence?
  • Can the petition be withdrawn by negotiation with the creditor?
  • Can you avoid the petition being advertised and allowing other creditors to support it?

If all else fails we can advise on a more appropriate mechanism to deal with the business and salvage some or all of its trade.

Adverse Credit

No one has a right to credit!

Should you wish to borrow money, lenders such as banks, factoring specialists, discounters and asset funders will wish to check whether you are an acceptable risk.

Our team of experienced professionals can help you:

  • Find out what credit reference agencies report about you and how you can correct mistakes
  • What to do if you are refused credit
  • We can provide access to funding lines who specialise in businesses whose performance does not meet the normal bank requirements

Contact us for more details