Many directors choose to liquidate their companies at some point. This could be for various reasons; some directors liquidate their companies once they retire, while others do so to move on to other ventures. Others still do so once their companies become unprofitable, as a means to retain as much profit as possible once the…
Read MorePhoenixing, as the name suggests, describes a new business emerging from the ruins of an old one. Akin to the bird of legend that rises anew from its ashes, phoenixing tends to begin once a company is dead and buried. This takes the form of an insolvent business selling off its assets, liquidating anything it…
Read MoreWhen two directors mutually decide to close down their company, and are 50/50 shareholders, it can be pretty straightforward. A Members’ Voluntary Liquidation (MVL) allows a solvent company to be closed down, with the assets of the company being distributed to the shareholders. Many directors decide they want to retire, go back into work as…
Read MoreUnfortunately, the number of people suffering from financial difficulties in the UK is growing every month. On top of the usual ebbs and flows of the market, the British economy has been hit by a number of unexpected factors. With living costs higher than ever, a lot of businesses and individuals will have no option…
Read MoreA County Court Judgement, otherwise known as a CCJ, is an order made by the county court against a limited company for the repayment of a debt owed. A CCJ will usually be the last resort by creditors who are owed money, once all other means of repayment have failed. There can be a range…
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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.