We look at all aspects of your financial needs, your trade experience and the business concept with a common sense attitude. We are able to see beyond adverse credit ratings and the present problems you may be facing and instead look to evaluate the future growth and value of the business and its viability for funding. Our network of lenders (private & corporate) are diverse, open-minded and realistically mindful of the problems facing businesses. We deal directly with the decision makers on all cases we put forward for their consideration, we are able to present and explain our clients proposals in detail at face to face meetings with the funders underwriters, thereby ensuring the best possible chance of funding success.

We are able to deal directly with all your creditors and take away the pressure from yourself immediately. It is our experience that all creditors will be reasonable once they are presented with an action plan on payments that has been formulated by impartial specialists such as ourselves. We take into account revenues & costs for the present and future so that the trading stance of the business is not affected, then calculate & schedule payments that are affordable, justifiable and achievable long term. We will handle all negotiations, documents, litigation (pending & ongoing) and reporting structures between yourself and the creditors leaving you free to concentrate on operating the business

We provide detailed confidential reviews on all aspects of the business to evaluate any areas of the operation that would benefit from changes, re-assessment, assistance, development & re-development. All businesses, irrespective of how good the operation is, should periodically assess their product, market placement, performance, present & future strategy. This critical exercise is best executed via Industry specialists such as ourselves who have the necessary experience & impartiality to determine the correct recommendations & options for the enhancement, efficiency & growth of the business.

Loans & Investments, large & small, are requested not only from banks but via private, corporate and funding groups. They invariably have no industry experience, knowledge or the resources to fully understand & correctly analyse the many variables and issues that determine success & failure. With our in-depth knowledge & experience of all trade sectors within the Hospitality & Leisure Industry we are able to provide detailed Feasibility Studies for all type of Lenders, to ensure the viability, advantages and disadvantages of proposals put forward to them for the safeguard of their investment.

We have a highly experienced Management Team available at short notice for any UK location for whatever level of imput & tenure necessary, covering all operational, administration & emergency requirements. Their skill base covers all trade sectors of the Hospitality & Leisure Industry & guaranteed to deliver first class overall standards and financial results.

We can advise on all options available to yourself for a closed premises;

• For re-opening & trading within a Managed Service Agreement pending new tenants / owners; we can handle all emergency, contentious & transitional situations whether short, medium or long term to a successful conclusion.
• Providing your Estate Agents with support & assistance
• Identifying prospective Tenants, Leaseholders & Freeholders
• Redevelopment & change-of-use scenarios.

We have been successful in attaining valuable Planning Consents ( Outline & Full ) against all levels of opposition for expansion and / or change-of use. Our experience is extensive with regards to the planning, tribunal & objection process along with the necessary reports, studies & specific team needed. Our last project was a 44 bed coastal Hotel phased closedown with planning consent gained against vociferous opposition for full demolition & change-of-use for a sea-view 46 X apartment block; the site was successfully sold on to a national house-builder creating a significant profit for our client

We have long standing associations with specialist surveyors to ascertain the optimum valuation of a premises and business. We work closely with these and all Surveyors by offering our extensive hospitality industry experience to identify all past, present and future aspects along with identifying all other premises and trading options available.

We can offer yourself a ‘one-stop-shop’ for all or a selection of your corporate and trading needs : monthly & quarterly management accounts, VAT returns, payroll & PAYE, auditing & year end accounts, debt & creditor management, budgets & forecasts, full business plans, banking & payment facilities.

We can compile the necessary studies and reports to evaluate all aspects and scenarios of acquisitions, mergers & disposals. We are associated with the UK’s best surveyors, selling agents, accountants, commercial lawyers & bankers. Hotel & Pub Rescue can therefore guarantee that whatever commercial enterprise you are contemplating we can successfully undertake all tasks and processes for yourself to guarantee a successful conclusion. In the event of a team you have already appointed, we can exercise the necessary due diligence on your behalf with regards to all areas as an invaluable and impartial ‘safety valve’ option.

Statutory requirements for EHO, H&S, Fire, Personnel Procedures, Training, Risk Assessments, Licensing, Trading Standards, Insurance, Certification and Security are non-negotiable with all authorities and relevant bodies. Non compliance can carry heavy fines, immediate closure of the business and in some cases, convictions and / or custodial sentences. We can audit your present systems to ensure they meet current compliance, we can advise or carry out on your behalf the work needed for areas of correction, we can advise on systems upgrading and offer you cost effective alternatives to the companies you are presently using. In the event of Statutory Notices already served and with regards to ongoing or pending litigation, we can act fully on your behalf and present cost effective credible solutions with regards to any Authorities concerns & guaranteeing their standards of compliance being met.

We can assist or submit all necessary licensing applications on your behalf and can also offer our own licensees for your business during management, ownership, tenant & closure/re-open changes. We can look at all your present legal issues, pending & ongoing, vexatious or standard and advise or take control of these areas on your behalf.

Our experience in handling Contracts & Tenders is extensive and broad based, we can work with your legal & accountancy team to significantly enhance their submission with our extensive Industry experience or we can act fully on your behalf in a faster pace & in a more cost effective conclusion.

We are able to offer yourself significant savings with regards to all your purchasing requirements via our associations with the best UK wide suppliers.

Our management team incorporates an excellent stocktaking division that can regularly monitor your business performance, this is paramount to identify any necessary adjustments with regards to purchasing & tariffs to ensure the correct cost & profit margins are always maintained. All Banks & Investors look for this to be in place as an area of ‘good and prudent practice’ as its a measurement and performance report that they put great faith in and can help towards additional and cheaper funding in the future should the need arise. Many companies try to avoid this monthly cost and do in-house stocktaking, but even if they do this exercise professionally its results would never be taken into serious consideration by any funder as its rightly seen as not impartial.

For Inventory purposes, we can compile a report listing all the fixtures & fittings of the business & premises, this would be in a script & photographic format. We would outline within our report second-hand & forced sale valuations as well as the ‘book & depreciating’ value for your accounts.

In the absence of an achievable and amicable agreement (on your behalf) between ourselves and your creditors and dependent on the financial and legal state of your business alongside the creditors stance, we can advise on which route to recommend as the best option for your business and yourself.

It is important to state that a companies financial and legal situation can legally dictate the options that are available. It is important therefore that once you know that your financial and legal position is critical and unmanageable that we are called in as soon as possible to ensure that you and your business have all options readily available

Company Voluntary Arrangement

Individual Voluntary Arrangement

A Company Voluntary Arrangement ( C.V.A.) keeps yourself trading but under a strict criteria of rules, you are under external supervision and monitoring by the company organising your C.V.A. (and or I.V.A.) and the ‘Arrangement’ is subject to an agreed payment plan with yourself and your creditors that the C.V.A company will put into place, this is a legally binding ‘Arrangement’ on all parties. It immediately takes away all the pressure from yourself and stabilises the business, at the same time suspending or cancelling out all creditor and legal actions.

Ignoring your company problems does not make them go away, if creditors feel there is a lack of common sense and honest communication or if you break arrangements you have already put in place with them then any creditor on their own can instigate a winding-up order or bankruptcy petition against you. If you have multiple creditors and are not handling them properly then its only a matter of time before one or a number of them closes you down or forces a payment plan/s on you / the company that is simply not affordable.

Instead of having multiple battles with multiple vexatious creditors that you will not be able to control or manage effectively it would then be prudent to enter into a C.V.A ; to arrest the debt, its interest rate, for the suspension or cancellation of legal actions, for the chance to propose a payment plan for all that the company can realistically afford that does not affect its ability to trade. Your creditors will be more flexible and receptive with a third party than with yourself, the C.V.A. company is seen as impartial and honest, whereas the debtor always viewed with suspicion and unfortunately without credibility.

Administration, Insolvency

Corporate Bankruptcy

Should your company situation be unfortunately irreversible then Insolvency or Bankruptcy may be the only legal options available.The correct management and execution of the legal process involved is critical as it has a great effect on yourself in the future on a personal and professional capacity – we will therefore ensure that via our representation the process is correct and fair and that your rights are protected at all times.

IN CONCLUSION

All the aforementioned options are carried out by specialist companies that are licensed. We cannot and do not interfere with their procedures and processes, we can however assist them in specific areas but only via their request, we can advise yourself throughout the process and act on your behalf also as your representative.

It is a Directors responsibility to dis-continue or suspend trading or to call in external expert help when the companies cash-flow cannot satisfy its payments over a reasonable payment period, continuing to receive credit within a highly negative cash-flow can be construed as negligent, even fraudulent. Creditors, C.V.A. Companies and Insolvency Practitioners will always react more positively with Directors seeking help and advice within the right timescales. .

Hotel & Pub Rescue has worked with a number of excellent Insolvency Practitioners and C.V.A. Companies that are specialists in the Hospitality sector, we can refer these to yourself

Whatever your situation, call us today without delay, all problems have solutions and options.

Our long standing association with some of the UK’s finest Investment Managers, Accountants, Law Firms, Developers, Investors, Banks & Independent Banks enable us to offer our clients the very best advice and contacts for all their corporate & personal requirements.

• NOMINEE & NON-EXEC DIRECTOR SERVICES
• ASSET RECONSTRUCTION
• WEALTH & ASSET MANAGEMENT
• BANK & MERCHANT SERVICES
• UNSECURED LOANS
• CASHFLOW, ASSET & INVOICE FINANCE
• PURCHASE & DEVELOPMENT FINANCE
• CLIENT REPRESENTATION
• PROJECT MANAGEMENT

We think ‘outside the box’ with a common sense approach and always deliver what we promise

All problems have solutions and options