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Company Rescue Overview Administration Pre-Pack Administration Company Voluntary Arrangement (CVA) Avoid Compulsory Liquidation Winding Up Petitions & Orders Sole Trader/Partnership Support Individual Voluntary ArrangementI Want To Close My Business
How to Close a Business
Is your limited company struggling to pay its debts, but you are not sure what steps to take next ? Then let us take care of it all for you by guiding you along the best path to closing the business.
Company Closure » »Creditors’ Voluntary Liquidation
A formal insolvency procedure that is used to wind up an insolvent company. A CVL is initiated by the company’s directors, who propose to put the company into liquidation and appoint a liquidator.
Creditors’ Voluntary Liquidation » »Member’s Voluntary Liquidation (MVL)
A Member’s Voluntary Liquidation (MVL) is a type of liquidation that is used by solvent companies to wind down their affairs and cease trading. In such liquidations, all parties get paid in full.
Members Voluntary Liquidation » »Company Dissolution
If the company is inactive; or solvent with minimal or no assets; or insolvent but with creditors unlikely to object – then dissolution may be suitable and typically can cost as little as a few hundred pounds.
Company Dissolution » »I Want To Keep My Business
Company Rescue
If your company has a viable future, there are several solutions that we can provide to help get your business back-on-track and turn the current situation around.
Company Rescue » »Administration
Administration is an insolvency procedure used to protect a company that is insolvent (unable to pay its debts) and to help it achieve a better outcome for its creditors than would be achieved if it went into liquidation.
Administration » »Pre-Pack Administration
A pre-pack allows an insolvent company to sell its assets to a buyer before appointing administrators. This can be done quickly and confidentially, which can help protect the value of the business and preserve jobs.
Pre-Pack Admin » »Voluntary Arrangement (CVA)
This allows a company to restructure its debts and continue trading by reaching an agreement with its creditors to pay a portion of its debts over an agreed period of time.
Voluntary Arrangement » »Avoid Compulsory Liquidation
Your last resort is to allow your company to go into compulsorily liquidation – you should avoid this if at all possible. We can help you understand your options with the goal of securing a better outcome.
Avoid Compulsory Liquidation » »Get A Free Consultation
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Whether your objective is to remain in business or close a business in the most beneficial way - our team has the expertise to experience to deliver.