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Call one of our knowledgeable, friendly advisors today to discuss your company’s situation. Confidentiality is assured, so don’t hesitate the contact us to find out more about your financial options. We have offices in Melbourne and Brisbane and provide our services throughout Victoria and Queensland.
We work closely with your financial team to deliver thorough and expert advice to each client in accordance with Australian legislation. We offer three principle services to companies seeking external administration: Corporate insolvency, corporate turnaround and corporate evaluation.
Where possible, we seek a solution, which will provide the company with a second chance through our evaluation and turnaround services. In many cases, companies can be successfully helped out of financial difficulties with our proactive, flexible and organised approach to delivering solutions. As well as working with company directors and their advisers, we liaise with creditors and stakeholders, providing a holistic service to everyone affected by the liquidation or administrative process.
Menzies Advisory offers quality services to companies in financial difficulties, seeking to preserve and release the company’s assets and distribute any surplus to creditors. Our external administrators deliver independent advice and support to company directors, shareholders and creditors in compliance with statutory requirements and the code of professional practice. We complete thorough assessments of each company so our administrators can deliver tailor-made advice and support throughout the process.
We endeavour to work alongside you to navigate the best way forward.
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Debt Advice, Receiverships, Turnaround Management
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Insolvency
Receiverships, Deeds Of Company Arrangement, Voluntary Administrations, Insolvency, Liquidations, Corporate Restructuring And Turnaround
This answer to this question is usually straight forward. The first decision point is to determine whether or not your company is able to pay its debts as they fall due. If the company cannot pay its debts or bills when they are due to be paid, the company would be insolvent and the appointment of an external administrator in the form of a Liquidator or Voluntary Administrator would be appropriate.
A director’s obligations to a liquidator or an external administrator include but may not be limited to: Providing a report of the company’s affairs, providing books and records of the company, attending meeting(s) of creditors and providing other specific information requested by the liquidator or external administrator.
