Welcome to Sole Trader Rescue
Our team of professionals at KSA Group are all passionate about saving viable businesses and giving the best possible advice to business owners and sole traders. Many of our team have had direct personal experience of business distress. We are also the authors of www.companyrescue.co.uk, the largest online resource in its field and we are now creating a similar resource for sole traders. The site includes expert advice, insolvency guides and case studies in an easy to digest format. Our corporate advisors have many years of experience of talking to and negotiating with creditors, including banks and HMRC.
Time to Pay deal - Plan A
Find out how we can negotiate with your creditors to give you some breathing space and get you back on track
Individual Voluntary Arrangement (IVA) - Plan B
Write off up to 60% of the debt and spread the remainder over a 3-5 year period.
Bankruptcy - Plan C
If neither option is possible then we can look at Plan C or Bankruptcy. You can be discharged from bankruptcy in 12 months
How do you know if the business is insolvent? Are you personally insolvent even if the business appears viable? Insignificant issues can lead to business failure when combined, therefore It’s important to recognise the early warning signs. Take our insolvency test or call us to speak to an adviser, free of charge.
Warning signs your business is struggling
Take a look at the warning signs of a business in trouble, from the bank’s point of view. It’s important to be aware of early problems
A sole trader's dos and don'ts
A sole trader must act appropriately to ensure creditors’ interests are met first. Read our guide to the dos and don’ts of a business owner
Top 10 tips for business owners
Print out a handy list of tips to follow when your business is struggling financially. Consider the best approach for you and your business.
Our locations
London
First Floor
99 Bishopsgate London,
EC2M 3XD
Tel: 0207 887 2667
Berwick
7 & 8, The Chandlery,
Quayside,
Berwick Upon Tweed
TD15 1HE
Tel: 01289 309 431
Edinburgh
66 Albion Road,
Edinburgh EH7 5QZ
Telephone: 0131 242 0081
Birmingham
2 Snow Hill Queensway,
Birmingham
B4 6GA
Tel: 0121 378 0671
Nottingham
Cumberland House
35 Park Row
Nottingham
NG1 6EE
Tel: 0115 971 7063
Mob: 0771 476 5579
Gateshead
C12 Marquis Court,
Marquis Way,
Team Valley,
Gateshead,
Tyne & Wear NE11 0RU
Tel: 0191 482 3343
Fax: 01289 309 429
Manchester
Chancery House,
50 Brown Street,
Manchester, M2 2JG
Telephone: 0161 956 8671
Bristol
179 Whiteladies Road,
Clifton,
Bristol, BS8 2AG
Tel: 0193 452 7690
Mob: 0777 396 5386