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 MoreIf 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 MoreGovernment 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 MoreCompany debt can not only be a financial burden, but it can become a burden on your mental health too. A business that is struggling can take its toll on you, causing anxiety, sleepless nights and a lot of worry. Many people who have a struggling company feel like they don’t have anyone they can…
Read MoreIf your company is solvent (i.e. it can pay all of its bills) and you have decided to stop trading and close it down, you have two choices: Strike off your company from the Companies House Register Wind up your company with a Members’ Voluntary Liquidation (MVL). But which is the better option? Voluntary Strike…
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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.