Client Portal

A Personal Service Company (PSC) is a limited company normally with one director, a contractor, who owns most or all of the shares of the company.  As the director of a PSC, you will get to the point when you will no longer need your company – generally due to retirement or taking up a…

Read More

Yes, you can. If your limited company is insolvent, and there’s no option to rescue or restructure it, then your best option is likely to be a Creditor Voluntary Liquidation (CVL). Instead of waiting to face the implications of a compulsory liquidation, a CVL is generally the preferable option. A CVL can be proposed if…

Read More

If you are the director of a company that is going into liquidation, you are likely to have a lot of questions racing through your mind. One of these questions might be about what will happen to your personal credit rating after your company has been placed into liquidation. Members’ Voluntary Liquidation (i.e. a solvent…

Read More

Government guidelines state that if a company has been taken under the management of an administrator, the administrator will be able to access the Job Retention Scheme.  However, an administrator should only access the scheme if there is a reasonable likelihood of rehiring the workers. For example, as a result of an administration and pursuit…

Read More

When companies seem to ‘rise up again from the ashes’, they are commonly called ‘phoenix companies’, after the mythical bird. But how exactly does it work for a company to close down and then re-start again? And is it legal? Breaking down a phoenix company  This type of company is essentially created after the assets…

Read More
For your free expert advice 0161 907 404

Or just enter your details below

Contact Us

  • This field is for validation purposes and should be left unchanged.