Directors of insolvent companies have a few options at their disposal for dealing with debt. One method is voluntary liquidation, which allows directors an efficient method of winding up their company and paying back outstanding creditors. However, liquidation marks an end for the company in question, resulting in it being removed from the Companies House…
Read MoreClosing down a company is something most directors will need to consider at one point or another. This could be for reasons of financial distress, such as in cases of insolvency, but this is not always the reason for closing. Oftentimes, directors will consider closing their company to pursue other ventures, or to retire comfortably.…
Read MoreInsolvency is a problem faced by many companies. This isn’t always due to mismanagement; in fact, this is often not the case. Changes in a market, or even a local economy, plus the reluctance of directors to wind up their companies when they face financial difficulty, is a common scenario. However, directors in such a…
Read MoreIf you’ve taken the leap to create a small business out of your passion or bring a great idea to life, you might wonder whether taking a business loan is a good decision. On the one hand, the cash injection could be the spark to make your company a success, allowing you to purchase vital…
Read MoreIf directors of an insolvent company do not act swiftly to remedy the situation, or maintain clear communication with creditors, then they are likely to be served with a winding-up petition. A winding-up petition often precedes a compulsory liquidation, meaning the future of a company on the receiving end is at risk. Furthermore, once this…
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Toyah 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.