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Welcome to 180 Business Solutions | Specialist Business Recovery Advice

180 Business Solutions offers specialist advice and assistance to smaller and medium sized and owner managed businesses. We focus on the specific needs of each of our clients to ensure that we always recommend the best course of action.

Based in Glasgow we have built a strong reputation on the quality of advice we provide and the expertise of our staff. If you want to find out more information about how we can help your business please click on the links.

Book a Free Consultation >

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Introduction

We have many years of experience in both corporate recovery and restructuring and in managing one of the largest and most successful personal insolvency businesses in Scotland.  We can bring that large practice experience for a fraction of the cost of a large practice.

For both individuals and businesses needing help and advice, our initial conversations are free and without obligation. We don’t mind meeting people and having a chat over a coffee to explore whether there is anything we can do to help. Fees only charged once a client has agreed to engage our services.

Initial advice and conversations, whether on the phone, via email, our anonymous chat facility on here or face to face are free and without obligation

Here at 180 we offer the following services for our business clients:

Business recovery advice aimed at SMEs and owner managed businesses. Helping avoid formal insolvency or ensuring the viable underlying business survives and thrives for the future.

Restructuring

We have experience in preparing independent business reviews (at the behest of either the business itself or more usually their bank).  We can quickly understand the underlying problems and issues and provide proposals and recommendations.  We work with businesses (companies, partnerships, unincorporated businesses and sole traders) to help them make the required changes to safeguard their future and avoid formal insolvency.  Restructuring is usually a confidential way to save a Company or part of it and avoid insolvency.

CVA

Following on from the above a more formal appointment may be required in order to provide a safeguard from creditor action while a restructuring plan is put into action.  This can be done via a Company Voluntary Arrangement (CVA).  A CVA is a legally binding agreement between the Company and its creditors.  The main point to note is the word “agreement”.  The Company’s creditors will agree to not take action and agree a time period for the repayment of some or all of their debt.  The most important aspect to note is that the proposal or plan put to creditors has been reviewed and approved by an insolvency practitioner who will then supervise its implementation.  In order to succeed the directors of the Company must make actual and often significant changes  which may include director and management changes, the introduction of additional funding, new customers etc.  A CVA is not simply a vehicle to write of debt and hope things will get better as a result of just this.  In a CVA the Directors remain in control of the Company.

A CVA is a form of insolvency and will be public knowledge but it does allow the legal entity of the Company to continue with the agreement of its creditors.

Administration and Liquidation

These are formal insolvency appointments where an Insolvency Practitioner is appointed to run the Company.  Normally it will mean the end of the Company but not necessarily the end for the business.  We will always strive to sell any underlying and viable part of the business as a going concern and save as many jobs as possible.

Book a Free Consultation >

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Company Directors

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Barry J. Stewart LL.B ACA

I am a Chartered Accountant and have specialised in corporate recovery, restructuring and personal insolvency since 1999.  I previously worked for KPMG and then helped set up and run one of Scotland’s largest and most forward thinking personal insolvency firms.  I am a member of the ICAS Insolvency Committee and R3’s Scottish Technical Committee (R3 being the association of business recovery professionals).  In my free time I enjoy running, cycling and hillwalking which helps counteract my other favourite pastime of eating out.

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George D. Lafferty

I have over 20 years experience in Personal and Corporate Recovery.

I previously worked with one of the largest providers of trust deeds in Scotland and PKF International. My focus is to always provide excellent customer service in assisting clients throughout the term of the product. Consistently we were leaders in all the KPI’s captured by the Accountant in Bankruptcy & the leading creditor representatives with regards to client retention, case completion and maximising returns to creditors. In my free time I enjoy cycling and currently hold a black belt in karate.

Specialties

Corporate & Personal Insolvency. Sub-contracting of Insolvency Services to fellow Insolvency Practitioners. 

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Our Complaints Policy – we take pride and care in the services we provide and should you be dissatisfied in any way with the service we have provided please contact Barry Stewart and we will immediately investigate and consider your concerns.  Should you not be satisfied with the outcome of your complaint you can complain to our regulatory body via gov.uk/complain-about-insolvency-practitioner

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180 Business Solutions is a trading name of 180 Advisory Solutions Ltd.
Barry John Stewart and George Dylan Lafferty are authorised to act as insolvency practioners in the UK by the Institute of Chartered Accountants of Scotland. Company Registration Number SC 477598 | VAT Registration Number 192 5146 03 | Data Protection Registration A1056203 Registered office: 2nd Floor Suite 148, Central Chambers, 11 Bothwell Street, Glasgow G2 6LY.