Both company liquidation and administration are insolvency procedures used to address a company’s ailing financial state. Directors can use either procedure to create a solution for their situation. However, although liquidation and administration are insolvency procedures, typically used as a solution to address the same problem, they are decidedly different. Each of the two has…
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Insolvency 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…
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If 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…
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If your company is in debt, enough to warrant considering the use of insolvency procedures, one of the first questions on your mind is likely to be: who should you speak to for help? Insolvency is a difficult time in any director’s career, one made all the more challenging without professional advice to rely on.…
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If a company is heavily in debt, it is important to take swift action, rather than allow the situation to spiral. Failing to take control of the situation can result in creditors moving first, which could lead to a less desirable result for you and your company. If your company’s creditors apply for a County…
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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.