Receiving a CCJ, or County Court Judgement, is a realistic possibility for companies struggling with their finances. Creditors can apply to have one served to such a company, which can have a series of detrimental effects if approved. However, it is possible to mitigate the effects of a CCJ, and even prevent one from being…
Read MoreA statutory demand can be a severe threat to a company. It demonstrates the willingness of a creditor to escalate their attempts at debt recovery, and can culminate in the compulsory liquidation of a company if left unchecked. For directors of struggling or outright insolvent companies, receiving a statutory demand can be a nightmare. While…
Read MoreHow can a director spot the warning signs that their company is insolvent? Ernest Hemingway wrote in his novel, The Sun Also Rises: “How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” It can be like that for a company facing insolvency, which is the corporate equivalent of going…
Read MoreDirectors of insolvent companies have a series of obligations they must fulfil. Chief among these obligations is to act in the best interests of the company’s creditors. In many cases, the best option is to place the insolvent company into liquidation. This will require the appointment of a licensed insolvency practitioner to the role of…
Read MoreAccountants are an invaluable component of a company’s success. An accountant can keep a company on the straight and narrow in terms of financial stability, easing one of the heaviest burdens directors must bear. Given the vital role accountants have in a company, it is no understatement to say that a reliable accountant can mean…
Read MoreToyah and Nicholas were brilliant in sorting the MVL out for one of my clients. They kept me updated all the way through the process, and the client was delighted with how easily it all went through. I have since referred another case to Clarke Bell – it is very reassuring to know that we are in such safe hands. Many thanks. Martyn
Martyn Thacker
Clarke Bell Ltd were excellent with every aspect of our Members Voluntary Liquidation and in particular they were great value for money. Our contact, Nicholas was extremely professional, most thorough and reached all deadlines to our total satisfaction.
Steve Dawson
Clarke Bell were very good to deal with during the closure of a business I worked for. Although the closure of the business was complicated and slow, Clarke Bell kept me up to date on everything happening and were very helpful. I would highly recommend them.