Once a company becomes insolvent, it can be difficult for directors to decide on the right path forward. Balancing the company’s finances against creditor pressure can be very tough, but when the situation reaches a certain point, closing down the company must be considered. However, this option isn’t as straightforward as it may seem at…
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Striking off a business can be a relatively straightforward and cost-effective way to close down a company with no assets. By striking off the company, directors can retain full control of the business throughout the process, pay off creditors, and eliminate the need for a formal creditors’ meeting. However, not all companies can be struck…
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The UK economy saw a great deal of upheaval in 2020, with much of it being connected to the Coronavirus pandemic. As a response, the government implemented a series of policies and initiatives to help ease the problems that both businesses and members of the public were facing. One such example is the Bounce Back…
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Liquidation is a common procedure for companies. Many directors will enter their company into a particular liquidation procedure at one point or another, for a range of reasons. For some, their company has run its course, and it makes financial sense to wind it up and extract its retained profits. For others, liquidation can prove…
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As a director considering liquidation for your company, there are many factors for you to consider. Finding the most effective method is naturally the top priority, but knowing how to navigate the legality of a procedure and how to enact it efficiently is of almost equal importance. Thankfully, these tasks can be handled by a…
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.