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Companies that rely on Christmas trade

Companies that rely on the Christmas trade in order to survive for the remainder of the year, must conserve cash and maintain reserves. Many insolvencies arise after the Christmas period is over and customer returns and the net cash position is determined.

Early advice is always best and pays dividends in the long term.

Please note that the above is provided for illustration purposes only and comprises a short view of extremely complex insolvency and other legislation. This is a complicated area and specific advice must be sought before undertaking any course of action or before refraining from any course of action. Gore and Company takes no responsibility for any loss incurred to or by any person who either acts or refrains from acting on the basis of the above or of any other item published on this website. The above note may not be reproduced without the prior written consent of Gore and Company.

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