When a company becomes too distressed, it usually requires the services of an Insolvency Practitioner. Realta can assist with the provision of these services and help companies to navigate through the process, ensuring that it is handled with professionalism, performed with full compliance and to the required legal standards.
Compliance In today’s business world, meeting your company’s legal obligations is more important than ever. Whether it is protecting the welfare of your employees, the privacy of your customers or ensuring your financial affairs comply. With the advent of new laws such as GDPR and changing requirements due to Brexit, a company needs to ensure that it is adhering to its corporate responsibilities.
Realta Consulting can help you in the following ways;
- Examine which regulatory aspects relate to your business and measure your compliance rate
- Interpret the legislation that applies to your business and transform it into working practices for your business.
- Management training on compliance-related issues.
We have previously undertaken an assignment to review the compliance function of a substantial IP practice as part of the acquiror’s due diligence. Before commencing any formal insolvency process, Realta will scrutinise the various available options to examine whether there are other routes the business may take.
Options include restructuring the company with a view to turnaround, gaining investment or looking into debt negotiation.
If a company does need to go through a formal insolvency process, we can introduce you to an appointment taking Licenced Insolvency Practitioner who will be able to take a formal Insolvency appointment in respect of the company. At Realta, we do not take formal insolvency appointments.