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E T Y, Cambridgeshire – Small manufacturer of conservatories

My family had a dream and that was to expand our uPVC Business and focus more on conservatories, we would then sell and realise our full dream by moving to Spain and semi-retire that dream had turned to a living nightmare until our accountant recommended that we use the service of ias.

Fortunately we were a Limited Company, the ias team evaluated our entire business, discussed various routes forward and we ended up going into liquidation. We really had no choice anything else would have been futile.

We owed a lot to the Inland Revenue and VAT. ias made us produce accurate records in certain areas. This would prove to be very helpful later as when questioned at the creditors meeting by The Inland Revenue we were able to demonstrate that they were not the only creditors and that their debt was not only disputed and made up of interest incorrectly accounted but that we had lost too.

Prior to the liquidation we had with the help of ias two valuations, an extra one just in case anyone argues with the first. We then sold all the assets to the new company, gave ourselves 3 months to pay, this was later accepted by the liquidator. Without the expert guidance of the ias staff in particular Cheryl and Fiona we could not have done this. As for Spain well we gave up on that, better still we now have a place in Portugal and will in time move there.

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