Turning The Zombies Around…

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Can Dodd Rescue, as the name suggests, rescue your business before it is too late?

Over recent months, there have been regular reports in the business press about ‘zombie’ companies. Zombie companies are businesses that, although generating cash, are unable to start paying off their debts. After covering running costs they only have enough left to pay off the interest, but not the debt itself. They are still trading, but are weighed down by their debt burdens and are not able to invest in their future. They are essentially stagnant businesses, hence the term ‘zombie’.

At Dodd Rescue we consider the term ‘zombie’ to be unnecessary and counter-productive.

Jeanette Brown, insolvency partner said, ‘Whilst we are insolvency practitioners, we would much rather rescue and turn around a struggling business where possible. It is all about having the right advice at the right time so that the business can be pointed in the right financial direction. It doesn’t matter on the size of your business, or whether or not you trade via a limited company – we are here to help everyone and hopefully return you to making profits.’

She adds, ‘Insolvency practitioners are trained to look at all aspects of ailing businesses. Our work can go way beyond looking at the figures. It’s all part of the package of putting a business back together again and fixing what was wrong before.’

If you would like a chance to speak to someone from the Dodd Rescue team, please contactJeanette Brown, Jackie Kirsopp or Carol Tindal on 0800 9540520.

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