Are you unable to pay your company debts?

Are you feeling pressure from HMRC and creditors?

We understand that these can be stressful and scary times.

If you feel that you won’t have any more sales or if your company keeps trading, it will incur more debts rather than paying off old debts, your company maybe what’s know as insolvent.

As a company director at this point you should take formal advice from an insolvency practitioner to know your options.

Directors are subject to statutory duties under the Companies Act 2006 and we will be happy to help you find the best option for you.

We can help you look at;

1. Creditors Voluntary Liquidation – CLV

2. Members Voluntary Liquidation – MVL

3. Company Voluntary Arrangement – CVA

4. Options to get working capital

5. Options to selling you company

We understand that this can be a stressful time and there is lots to learn before making an informed decision as required under the Companies Act 2006.

We are here to help, please contact us for more information.

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