Speak to one of our Personal & Business Bankruptcy specialists today.
Your Business Bankruptcy Specialists
As experts in Business bankruptcy, we can support you whether you are investigating Company Voluntary Arrangements, Business Money Management, Administration or Liquidation. And if you’re not sure which route is for you? Then do not fret, our team of specialists can talk you through the entire process, and help you to make the best decision for you and your business.
Below you can find more information on all of these topics, but please note that for most directors, we strongly recommend taking professional advice before proceeding with any of them.
For a positive solution to your situation
Company Voluntary Arrangements (VVA)
A Company Voluntary Arrangement (CVA) enables your company to settle outstanding debts by paying a proportion of the owed amount to your creditors. Not that your creditors must agree to the arrangement however, and as long as they do, your limited company can continue trading.
Business Money Management
Cashflow is key when you are going through critical challenges with your business.
Communicating and negotiating the correct terms with your business associates and suppliers is essential. Making the most out of what you have by being resourceful will be critical to the survival of your enterprise.
Our administration service is when a chartered accountant or licensed insolvency practitioner (IP) is appointed to oversee and assume control of the company from the current directors, and manage the business from this point onwards towards an suitable end game.
The starting point for any company liquidation is determining how the company liquidation or insolvency proceedings are initiated, and what is involved. How much will it cost? How long will it take? What will be my circumstances following liquidation?