“I was completely happy and satisfied with the service that we received from Beer & Young who clearly understood both parties’ needs and acted accordingly. They were always on the ball, reacted speedily to all situations and we are completely indebted to them for introducing us to an ideal investor partner enabling the business to survive and grow from a very precarious position and in addition complementing the investor’s business. I would have no hesitation in recommending Beer & Young to others”.

MO, Managing Director

The owner said:

“At the time we were introduced to Beer & Young, our company was under considerable financial pressures. We had recently secured a substantial client and had a good order book but our sales to date for the year were down 25% from over £2 million and we had built up considerable creditors. The bank was looking to reduce their exposure and was putting pressure on us and our invoice finance company was equally unsupportive. What we actually needed was all the funding support we could get to enable us to fulfill substantial orders in hand.

The bank had instructed a firm of accountants to prepare a business review and in my opinion we were being pushed towards administration, the result of which would have heralded the end of 23 year old business with the loss of 35 jobs.

Beer & Young were a breath of fresh air – they were thoroughly professional, listened to us, were sympathetic to our position and explained in detail the various options we could consider including a CVA (Company Voluntary Arrangement) which had not even been mentioned by our bank or indeed the accountants they used for the business review. The CVA seemed exactly what we needed, ring-fencing our debts and providing us with a platform to move forwards so we engaged Beer & Young accordingly.

The CVA recommended, subsequently prepared (very quickly) and now administered by Beer & Young has resulted in both the bank and invoice finance company supporting us and we are able to fund our sales orders.

I can now look forward again with renewed confidence, my company has survived and jobs have been saved.

Thank you Beer & Young!

The owner said:

“Before I met with Beer & Young, my Company was in serious financial difficulties. I had been through a poor trading period and our tenant had recently gone bust. I
had creditors chasing me and we had arrears of both PAYE and VAT. The sales finance company were restricting our facility and I was being advised to liquidate the business, which was the last thing I wanted to do.
Beer & Young suggested the Company propose a CVA and on my behalf they talked to HMRC, the sales finance company as well as some key trade suppliers with the result that the CVA was agreed.
Thanks to Beer & Young, my company has survived the crisis and now sales have recovered to record levels I am confident my business has a future.”

The principle shareholder and director commented to us:

“When I was introduced to Beer & Young, the situation I was in was desperate. The companies I run were in very serious trouble.  HMRC were chasing for a considerable amount of money and had issued a petition to wind up my principle company.

The advice I received from Beer & Young was excellent, but more than that they were active in every respect to taking the process forward and ensuring that the CVAs that Beer & Young wrote for us would be acceptable to creditors and in particular HMRC.

Without the help of Beer & Young the Companies would have failed and my personal position would have been very serious indeed.

Even after approval of the CVAs, Beer & Young have continued to work with me and support me towards a position where I can look confidently to the future.

I am pleased to call Beer & Young our friends and I would recommend them wholeheartedly”.

‘We were facing a very difficult and challenging financial situation. We sought help via the finance team at Business Link Surrey and they referred us to Beer & Young who offered a rapid response when we contacted them.

The key issue was putting a strategy in place that made sure we stayed in control of our business rather than let events overtake us. Beer & Young quickly engaged with our pressing creditors to help give us some financial breathing space and the CVA proposal was delivered in a very short timeframe which was exactly what we needed.’

RPH and TPH

“We approached Beer & Young via their website as our business was in danger. One of our suppliers had become very aggressive and issued a winding-up petition. Whilst we disputed the debt, we could not find a way of dealing with it.

Due to this and other general creditor pressures, Beer & Young’s advice was to propose a CVA. We felt this clearly was the right option for us. They arranged for the petition to be adjourned and for the proposal to be prepared and approved. The Petition was ultimately dismissed by the Court.

Without the help of Beer & Young our company would have failed and our guarantees called in. We have been able to continue to operate and looking forward to a good future. We are really grateful to Beer & Young for their efforts. Thank you, Beer & Young!”