Insolvency Indicators
Is your company Insolvent?
Check the following list and if some of the items are ticked, you may need to contact us at dvm@dvmannion.ie
• Is the company up the limit of your overdraft constantly?
• Are company cheques bouncing?
• Has the bank refused additional facilities?
• Have you considered mortgaging your family home just to stay in business?
• Is the company being sued for money owed?
• Has the company lost business?
• Do you feel the company has no future or is unviable?
• Has the company a lot of customers who can’t pay?
• Have suppliers stopped supplying the company?
• Is your company credit card in arrears?
• Is the Revenue Sheriff a constant worry?
