Shane gave me some top-class free advice regarding handling my business debt. He is very supportive, friendly and kind. Thank you so much.
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Shane gave me some top-class free advice regarding handling my business debt. He is very supportive, friendly and kind. Thank you so much.
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Genuinely, I only have good things to say about my experience dealing with 1st Business Rescue, namely Justin and Shane. Like most people, it can feel quite daunting having to pick up the phone to... Vis mer
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Justin and the team went above and beyond in my opinion for what was a very worrying and really stressful time for me. He held my hand through it all as I was mentally in a mess. Every step of the li... Vis mer
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Can honestly say, hand-on heart, Shane Verran is an absolute star. Incredibly helpful, kind, compassionate, and knowledgable. Above all he listens. Unlike others, he doesn't spout ou... Vis mer
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Skrevet av virksomheten
1st Business Rescue provides UK company directors with confidential advice on business debt, insolvency, company rescue and company closure. We help directors understand their options when a limited company is struggling financially, including liquidation, Company Voluntary Arrangements (CVAs), pre-pack administration, HMRC debt arrangements and solvent company closure.
We support directors throughout the UK, with advice available by phone, video call and face-to-face appointment.
Business debt, insolvency and company closure advice
Our team helps directors understand the financial and personal implications of company debt before deciding what to do next.
Our areas of advice include:
Liquidation and company closure
Closing a limited company with debts
Creditors' Voluntary Liquidation (CVL)
Members' Voluntary Liquidation (MVL) and solvent company closure
Company Voluntary Arrangements (CVA)
Pre-pack administration and pre-pack liquidation
Business rescue and restructuring options
HMRC arrears and Time to Pay arrangements
VAT, PAYE and Corporation Tax debt
Directors' loan accounts and overdrawn directors' loan accounts
Bounce Back Loan and CBILS issues
IR35-related company closure
Director redundancy considerations
Winding-up petitions and compulsory liquidation
General company debt and insolvency advice
Where a formal insolvency procedure is required, we can help directors understand the process and work with licensed insolvency practitioners to identify an appropriate route forward.
Our initial consultation is confidential and focused on understanding the position of both the company and its director before discussing the available options.
Frequently Asked Questions
What should I do if my limited company cannot pay its debts?
Seek advice as early as possible. Options can include an HMRC Time to Pay arrangement, a CVA, restructuring, administration or liquidation depending on the company's circumstances.
Can I close a limited company that has debts?
Yes. An insolvent company may be closed using a formal procedure such as a Creditors' Voluntary Liquidation (CVL). The appropriate route depends on the company's financial position.
Can you help with HMRC, VAT or Corporation Tax arrears?
Yes. We advise directors dealing with HMRC arrears including VAT, PAYE and Corporation Tax and can explain options including Time to Pay arrangements and insolvency procedures.
What happens to a Bounce Back Loan if my company is liquidated?
Bounce Back Loans and other company liabilities need to be considered as part of the company's overall insolvency position. We can review the circumstances and explain how they may be treated during liquidation.
What happens if I have an overdrawn director's loan account?
An overdrawn director's loan account can become important during insolvency because money owed by a director to the company may need to be repaid. We recommend reviewing the account before appointing an insolvency practitioner.
For confidential company debt, liquidation and insolvency advice, call 0800 084 3077 or visit 1stbusinessrescue.co.uk.
Lowry House, Marble St, M2 3AW, Manchester, Storbritannia
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Shane gave me some top-class free advice regarding handling my business debt. He is very supportive, friendly and kind. Thank you so much.

Svar fra 1st Business Rescue Ltd
Genuinely, I only have good things to say about my experience dealing with 1st Business Rescue, namely Justin and Shane.
Like most people, it can feel quite daunting having to pick up the phone to a company that provides this sort of service. However, from the outset, they have been incredibly reassuring and transparent throughout the process, which has made all the difference between worrying and not worrying!
They have been there to guide me every step of the way, explaining everything clearly without any complicated technical or legal jargon. This has made what could otherwise be a very stressful situation much easier to understand and navigate.
Thank you both for your support, reassurance and assistance. It's genuinely appreciated!

Svar fra 1st Business Rescue Ltd
Justin and the team went above and beyond in my opinion for what was a very worrying and really stressful time for me. He held my hand through it all as I was mentally in a mess. Every step of the liquidation processed was explained to me in a simple to understand manner. I cant praise Justin enough for his professionalism and compassion in dealing with my case.

Svar fra 1st Business Rescue Ltd
In just 30 minutes, Shane managed to lay to rest more than 6-months of extreme anxiety about the state of my business. His manner was friendly and non-judgmental, and the detailed information he gave me was both reassuring and helpful. Highly recommend to anyone who is concerned about the health of their business.

Svar fra 1st Business Rescue Ltd
Can honestly say, hand-on heart, Shane Verran is an absolute star.
Incredibly helpful, kind, compassionate, and knowledgable. Above all he listens.
Unlike others, he doesn't spout out he's the expert (you know the people I mean).
Allowed me to time to explain the situation, with zero interruptions and then explained my options in simple to understand language.
No deliberate tech / jargon or waffle. Simple, clear and concise.
Honestly and genuinely he was really helpful and steered me right, offering solutions & providing documents to aid me.
Highly recommend without a doubt. Totally honest, self-effacing and caring.
Need services like they provide? Use them, please.
Thanks Shane (and Jamie),
Kev.

Svar fra 1st Business Rescue Ltd
Very honest and professional
Not just after getting a client but to take your needs into consideration
He is gifted
There are a few good people around and I bet he us one of the few

Svar fra 1st Business Rescue Ltd
spoke to Shane very helpful to the point on all topics

Svar fra 1st Business Rescue Ltd
⭐⭐⭐⭐⭐
When you're facing the prospect of liquidating a company, it's difficult to know who to trust. After speaking with Justin at 1st Business Rescue, I immediately felt reassured that I was in safe hands.
Justin guided me through the entire liquidation process with complete professionalism, honesty and empathy. Every step was explained clearly, every question was answered promptly, and I never once felt judged or pressured. Instead, I felt supported by someone who genuinely wanted to achieve the best possible outcome.
The whole team made what was an extremely stressful period far easier than I ever expected. Their communication was outstanding, the process was efficient, and everything happened exactly as they said it would.
If you're a company director facing the difficult decision of closing a business, I wholeheartedly recommend 1st Business Rescue and, in particular, Justin Barker. Their expertise and support have been invaluable, and I can't thank them enough.

Svar fra 1st Business Rescue Ltd
A friendly and efficient customer service. Thank you Shane!

Svar fra 1st Business Rescue Ltd
I received some excellent, solid and free advice from Shane about how to best approach closing down a business. He was friendly, empathic and very supportive. He also seemed more interested in what would work best for me as a business owner that trying to sell me a service. I would highly recommend 1 Business Rescue as they genuinely want to help you fix and resolve any issues related to your business. Just give them a try.

Svar fra 1st Business Rescue Ltd
Wow! What a great experience, I spoke to a chap called Shane who was so understanding of my situation. He offered some great advice. These guy's are the real deal, fair, honest and friendly. When you are dealing with something so stressful its exactly how to handle the customers. Thanks for your help.

Svar fra 1st Business Rescue Ltd
It's not often you see a genuine 5.0-star review average, but Justin and the team deserve theirs.
Winding up one business and starting another is never easy, but Justin's advice, reassurance and sheer humanity have made the process both bearable and an education.
If ever you are considering sorting out seemingly intractable or tricky business situations, and want plain, honest expert advice and a team that can then hold your hand and see things through to the end. These are your guys.

Svar fra 1st Business Rescue Ltd
Deciding to close a business is incredibly difficult. Navigating the legalities, understanding the implications, and managing the costs can feel completely overwhelming. While exploring this path for a family member, I contacted Justin at 1st Business Rescue.
From our very first conversation, his extensive experience was obvious. He patiently explained every step of the process and treated every question with respect, no matter how small. Justin guided us from the initial enquiry right through to the completion of the settlement agreement. His communication was clear, assured, and delivered with genuine empathy for the stress we were under. He took a massive weight off our shoulders.
If you are facing the difficult decision of business liquidation, I cannot recommend Justin and his team highly enough.

Svar fra 1st Business Rescue Ltd
Shane and Justin are absolutely fantastic people, who took the time to walk through the issues and ultimately recommend a route of action that would get me the relief needed. I cant recommend these gents highly enough. Thank you both.

Svar fra 1st Business Rescue Ltd
Shane
Was professional patient ang very knowledgeable- highly recommended this service

Svar fra 1st Business Rescue Ltd
Justin was absolutely brilliant to deal with he did not judge me he listened and was kind and helpful

Svar fra 1st Business Rescue Ltd
Helped me to understand my options. Thank you very much.

Svar fra 1st Business Rescue Ltd
After speaking with Shane he has really helped me with navigating my current issues as a director and helped settle my nerves when trying to navigate through the process. He’s super knowledgeable and generally a really nice person.

Svar fra 1st Business Rescue Ltd
I honestly can’t thank 1st Business Rescue enough for the incredible support they’ve given me during what has been one of the most stressful and challenging periods of my professional life. From our very first conversation, their team was friendly, approachable, and completely non-judgmental.
They took the time to clearly explain every option available to me, broke down complex processes into language I could actually understand, and guided me step by step with patience and genuine care. What really stood out was how responsive and reassuring they were — I never felt like “just another case.”
Their expertise, professionalism, and calm guidance turned an overwhelming situation into something manageable. I always felt supported and confident that I was in safe hands.
If you’re facing financial or business difficulties and need clear advice from people who truly care, I wouldn’t hesitate to recommend 1st Business Rescue. They made a difficult journey far less daunting, and for that I’m incredibly grateful.

Svar fra 1st Business Rescue Ltd
Shane was absolutely brilliant to deal with. Fast efficient and extremely knowledgeable

Svar fra 1st Business Rescue Ltd
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