The rise of the “zombie company”

Out of the swamps of the stimulus package rises the zombie companies that will need to be dealt with. During this time, insolvency firms will experience a historical low in the insolvency market, which was already contracting.

This ghoulish rise of these companies that go into liquidation, or begin to filter through the courts or have directors who have a go at Administration, will require a firm that can take on the work and complete it efficiently and quickly, as there would be lots of other work behind it.

Fast Rabbit can help with getting a lot of the grind work of investigating the finances of the business being investigated completed.

• Bank statements into trial balances in PDF and Excel
• All creditors and payments listed so you know where the money went or was dragged out of the company
• Easy graphing of all creditors and the ATO to find voidable preferences in a flash