AN insolvency firm in Radcliffe is pulling together a 'one stop shop' to help borough firms beat pandemic pressures.

Specialists at Inquesta, in New Road, work across the fields of commercial finance, costs-saving and tax advice, as well as offering interim financial direction, business coaches and human resources experts.

And so with this background they are launching a new scheme to help intervene at Bury companies so they can restructure before it's too late.

Inquesta director Rob Miller, who is spearheading the scheme, said: “The next few months will be critical for many businesses.

“Many directors will be lying awake at night worrying about what the future holds, as the government’s furlough scheme comes to an end and bounce back loan repayments and deferred VAT payments fall due.

“Added to that, tax increases are on the horizon, and consumer spending is likely to decline.

“These factors will put further pressure on cash flow which, for many companies, has already been hugely impacted by the pandemic.

“In many cases, their lost income is not recoverable. The next few months could well prove catastrophic, unless they take action now.”

The firm plans to offer a full and independent review, conducted by their corporate recovery team, before making recomendations about where their management should turn next.

Mr Miller added: "Over the years, we have developed strong relationships with a variety of specialists who are committed to keeping businesses afloat,” he said.

“Since lockdown began, we have been holding virtual meetings each week and have, from these discussions, agreed to combine our resources to create a one-stop shop, with the emphasis on early-stage intervention to help make businesses as Covid-proof as possible."