For creditors of a company, open lines of communication with their customers and the prompt repayment of their bills are the ideal scenario. However, this ideal is not always attainable, with some customers falling short on their repayments. This can be for several reasons, ranging from a simple oversight to the customer struggling to deal…
Read MoreA winding up petition is an official legal procedure that a company’s creditors, or shareholders in some cases, can use to recover a debt. This is done by petitioning the courts to step in, which often results in the compulsory liquidation of the debtor. Naturally, this isn’t a very desirable outcome for directors. While winding…
Read MoreManaging a company on the brink of insolvency is not an easy task. Not only must directors be concerned with improving their company’s finances, but they must also balance the interests of company’s creditors. Outstanding creditors will often apply additional pressure on directors through a number of means, including a winding up petition. Winding up…
Read MoreCreditors with outstanding loans to insolvent companies may be tempted to make use of a winding up petition. This petition offers a means of recovering a debt that would otherwise be difficult, if at all possible, to collect. Winding up petitions allow creditors to take the matter to the courts, make their case, and potentially…
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.