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Insolvency

The key to avoiding insolvency is to seek professional help as soon as the first signs of difficulty appear. The experienced professionals at Five Peaks Accounting can assist in identifying problem areas and suggest solutions to improve the position of your company. Timely, expert advice can save your business from liquidation or receivership.

Receivership entails someone being appointed to raise funds within the company to repay a financier. Liquidation becomes necessary when so many of the company assets are sold that it cannot continue its daily business. A liquidator disposes of all the company assets, repays the creditors, and the company ceases to exist.

In the event that liquidation or receivership become necessary, Five Peaks Accounting have the required skills and experience to assist. If your business is struggling under financial and operational difficulties, proactive and insightful action is vital to avoid or at least minimise the ramifications. Contact us today for an appointment and expert advice and assistance with your situation.

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Xero and Reckon One

We support Xero and Reckon One and can help you from a distance when you need it, they are both cloud based which means you login over the internet similar to internet banking.

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Five peaks works with you to improve your areas of concern

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We provide standard plans so you have certainty of pricing and if needed this can be customised.

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