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Insolvency Options
Company Assessment
First off, you can show us the issue your business is having. By analysing your cash-flow, there might be a simple fix that doesn't require much time or effort. If your issue is more complex, there are various restructuring solutions we can talk you through, with the ultimate aim of saving your business.
HMRC or Creditor Pressure
Use our in-house experts to negotiate with HMRC, or creditors on your behalf. Don't leave it too late and be issued with a winding up petition, leading to Compulsory liquidation, which is where your company is forcibly shut down. With 20 years of experience we can structure pay back terms that may alleviate short term stress and pave the way for the business to thrive again.
Funding & Finance
If you’ve assessed your cashflow position and things are tight, but you are still in a strong position with a solid credit history, finance may be the solution you are looking for. Utilising Invoice Finance to speed up your cash-flow to secured and unsecured loans, our brokerage will approach the market on your behalf to secure competitive financial assistance.
CVL
A Creditors’ Voluntary Liquidation, or CVL, is appropriate when a company is no longer viable and cannot overcome its financial difficulties. Utilising our simple 5 stage CVL process will assist you to close down your company in an efficient and organised manner.
CVA
A Company Voluntary Arrangement, also known as a CVA, is a process which usually looks to enable a company to survive and try to overcome its financial difficulties. This is achieved by a company reaching an arrangement to settle its liabilities by paying all or a portion of them over a period of time (usually 3-5 years) at an agreed rate which is affordable to the company and satisfactory to its creditors.
Administration
Administration is a process that protects a company against creditor actions and is usually aimed at rescuing insolvent businesses, enabling them to put in place a restructuring plan to secure a future for the business and its employees.
Compulsory Liquidation
Compulsory Liquidation is an informal Insolvency procedure, typically initiated via creditor/s of a company through a court order, known as a winding up petition. The winding up petition notifies a company that a petition has been lodged to bring about the closure of the business and the liquidation of any assets. This results in the company being forcibly shut down.