FREE, CONFIDENTIAL HELP FOR LIMITED COMPANY DIRECTORS
Worried about your company’s debts?
If you’re a director of a UK limited company facing financial difficulty, Company Debtline provides free, confidential guidance on your position and the practical options available to you.
- Free
- Confidential
- No obligation
For directors of UK limited companies.
Company Debtline introduction video
Help when your company is under pressure.
Company Debtline is designed specifically for directors of UK limited companies facing financial pressure and looking for clear guidance before taking action.
Our service allows you to speak confidentially with a specialist who understands company debt, HMRC arrears, creditor pressure and the issues that can affect directors personally. Our service is free to use, and where specialist help is appropriate we’ll explain the next step clearly.
Free
Our service is free to use for all UK Company Directors facing financial difficulties.
Confidential
You can speak openly about your company and the financial difficulties you are facing without fear of judgement.
Plain English
Company debt and insolvency can be full of jargon. We explain what it means, what matters and what your options are in clear, straightforward language.
Specialist support
Where further professional help is appropriate, we'll explain the next steps and help you access the right specialist support.
DIRECTOR SUPPORT
Core concerns for company directors
When a company is under financial pressure, directors are often dealing with several issues at once. These are some of the most common concerns we help directors understand and address.
Considering Liquidation
You think the company may need to close and want to understand what happens next.
Can't Pay HMRC
VAT, PAYE, Corporation Tax or other HMRC liabilities are becoming unmanageable.
Company Can't Pay Its Debts
Cashflow is no longer sufficient to keep up with creditors as they fall due.
Creditor or Legal Pressure
The company is facing demands, court action, enforcement or winding-up pressure.
Director's Loan Account
The accounts show that you may owe money personally to the company.
Customers Owe the Company Money
Significant unpaid invoices may be contributing to the company's financial problems.
Personal Guarantees
You have personally guaranteed company borrowing, finance or other liabilities and are worried about your own exposure.
Bounce Back Loans
You’re worried about an outstanding Bounce Back Loan and what could happen if the company cannot repay it.
Struggling to Pay Wages
The company is finding it difficult to meet payroll and you need to understand what this means and what to do next.
Can’t see your concern listed?
Every company’s situation is different. Speak to us confidentially about yours →
Talk it through
When company pressures are difficult to switch off.
When you’re worried about HMRC, creditors, cashflow or whether the company can keep trading, it’s easy to spend hours searching online for answers. Articles, forums and conflicting advice can quickly lead from one issue to another, creating more questions and more worry.
Speaking confidentially with someone who understands company debt can help you cut through the noise, focus on the issues that actually matter and understand what steps you may need to take next.
Free, confidential and without obligation.
Company Debtline can help you understand:
- The company's immediate financial position
- How to deal with Creditor and HMRC pressure
- Whether formal insolvency advice may be required
- Issues that could affect you personally as a director
- The impact of money or other assets owed to the company
- The most appropriate next steps
Free Company Debt Assessment
Not ready to speak to someone?
Take our short Company Debt Assessment for an initial indication of the financial and creditor pressure facing your business.
- 01Financial Pressure
- 02Creditor Pressure
- 03Business Position
- 04Director Considerations
This is an initial assessment only. It is not formal advice and does not replace speaking to a specialist.
Your position matters too
Company advice and personal advice are not the same.
When your company is under pressure, it is understandable to focus on finding a way forward. But understanding what happens to the business is only part of the picture. You also need to understand what it could mean for you.
A licensed insolvency practitioner can advise on the company's options. However, if they are appointed as liquidator in a creditors' voluntary liquidation, their role is to deal with the company's affairs in the interests of its creditors—not to represent you personally.
This distinction can become particularly important if you owe money to the company through a Director's Loan Account. The liquidator may need to seek repayment, while you may need separate advice about the balance and your own position.
Company Debtline provides free, confidential guidance to help you understand the company's options and identify issues that may affect you personally. We listen to your concerns, explain matters in plain English and help you understand when separate specialist advice is appropriate.
Before deciding what happens to the company, understand what it could mean for you.
How Company Debtline works
A straightforward first step.
Running a company through financial difficulty can be stressful, isolating and difficult to talk about. Directors often worry about what the problems might mean for the business, their employees, their family and their own personal position. It is also common to feel embarrassed that matters have reached this point or concerned about being judged for decisions that have been made.
Company Debtline gives you a free and confidential place to explain what is happening without fear of judgement. You do not need to understand insolvency terminology or know what the answer is before speaking to us. Our role is to listen, help you make sense of the situation and identify the issues that need your attention.
We can help you understand the company's financial position, the pressure from HMRC or other creditors, issues that could affect you personally as a director and the practical options available. Where specialist professional assistance is appropriate, we will explain why and help you access the right support.
- 01
Contact
Our call booking system allows you to choose a time that's convenient for you.
- 02
Discuss
Our trained team will discuss your company finances and its current position
- 03
Understand
We help you understand the main risks you and your business face and the impact these can have
- 04
Next steps
Where specialist assistance is appropriate, we'll explain what happens next.
Money owed to the company
Your company may be a creditor too.
Unpaid invoices and other amounts owed to the company are assets. If significant sums remain outstanding, understanding their recoverability can form an important part of assessing the company's overall financial position.
- Unpaid customer invoices
- Intercompany balances
- Other loans or receivables
You don't need to make the decision today.
Start by understanding your position.
Book a free, confidential triage call with a Company Debtline specialist and talk through what is happening with your company.
- Free
- Confidential
- No obligation