Insolvency

Financial Recovery Solutions for Insolvency and Beyond

If you're struggling to understand your financials, manage cash flow, or plan for growth, our Management Accounting services provide the clarity and direction you need. 

We deliver tailored financial insights to help you make confident business decisions, ensuring you regain control over your business's future and can focus on what matters—growing your business sustainably.

Tailored Solutions to Resolve Your Financial Challenges

Base Accounting’s insolvency services cover a wide range of solutions for both businesses and individuals. We start by thoroughly analysing your financial situation andexploring every option to avoid insolvency. If early intervention is an option, we offeradvice and steps to return your business to profitability, including working with InlandRevenue to reduce tax arrears and negotiating creditor compromises.

If insolvency is unavoidable, our team has extensive experience handling liquidations andreceiverships, ensuring the process is as smooth and straightforward as possible. We areaccredited by Chartered Accountants Australia and New Zealand (CAANZ) and RITANZ, and we have over 30 years of experience with creditor, shareholder, and court-appointedinsolvency cases.

Personalised Insolvency Support for a Path Forward

At Base Accounting, we take a personalised, compassionate approach to insolvency. Ourprocess begins with a thorough financial assessment to determine whether earlyintervention is possible. From there, we either guide you through restructuring andreturning to profitability or help you navigate liquidation or receivership with clarity andcare.

Even in insolvency, there is always a path forward. Our team works closely with InlandRevenue and creditors to find the best possible outcomes for our clients.

Client Success In Overcoming Financial Challenges 

Why Our Management Accounting is Right
for You

Compassionate Approach

We aim to save businesses whenever possible, helping you avoid insolvency and return to profitability.

Extensive Experience

Over 30 years in the field, handling liquidations, receiverships, and creditor negotiations.

Inland Revenue Expertise

We have a proven track record of working with Inland Revenue to reduce tax arrears and reach favorable compromises.

Accredited Professionals

CAANZ and RITANZ accredited Insolvency Practitioners, ensuring you’re in trusted hands.

Early Intervention

Our proactive approach means we get involved early to help avoid insolvency where possible.

Leveraging 40 Years of Expertise for Your Business Success

Base Accounting has a long history of delivering strategic specialist services that supportbusiness growth and success. Whether it’s assisting with acquisitions or providing expert tax
planning advice, our team of seasoned professionals ensures you have the insights andsupport you need to make confident, informed decisions. With over 40 years of experience, wehave the knowledge and expertise to help businesses navigate complex challenges.

Common Questions About Management Accounting

How can I avoid insolvency?

Early intervention is key. If you engage our services early, we can help assess your
financial situation and develop strategies to return to profitability, including negotiating with
Inland Revenue and creditors.

What is the difference between liquidation and receivership?

Liquidation involves winding up a business and selling its assets, whereas receivership is the appointment of a receiver to manage a company’s assets to pay off secured creditors. We guide you through whichever process is required. 

Can I avoid personal bankruptcy?

Yes, we offer advice and assistance to help you avoid personal bankruptcy through alternative arrangements and settlements with creditors.

What happens if I wait too long to get help?

The longer you wait, the fewer options are available. Early intervention allows us to explore more options, such as restructuring, rather than heading straight into liquidation.

How long does the insolvency process take?

The length of the process varies depending on your situation, but we work efficiently to resolve matters as quickly as possible while keeping you informed every step of the way.

Get Expert Help to Overcome Financial Challenges with Base Accounting

If your business faces financial challenges, contact us today for a confidential consultation.Let Base Accounting help you find a way forward, whether by avoiding insolvency orconfidently navigating the process.