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Wholesalers across the UK have been feeling the huge knock on effects of major retail and restaurant closures, as more and more businesses fall into insolvency. A litany of high profile failures have added to a “domino effect”, which has seen the impact of one insolvency rapidly affecting other firms.

The collapse of Carillion alone left a reported 30,000 small firms with unpaid invoices, and the concussive blast was further compounded by the high street’s seemingly inescapable slump. Suppliers and service providers have been left in grave financial difficulty as a result of these closures, with wholesalers particularly affected.

The wholesale sector generally operates with low-margins, and is more exposed to the ups and downs of the retail sector in particular. Many firms have an over-reliance on a single supplier or customer, which can have a disproportionate effect once any difficulties arise.

Clarke Bell have extensive experience dealing with those who have suffered as a consequence of companies going into liquidation.

Specialists in the wholesale sector

If you are concerned about your company, it’s essential that you act quickly and get expert advice. We’ve spent years working with wholesalers across the UK, delivering practical solutions when they’re in financial difficulty and struggling with their business debts.

If you come to us, you can rest-assured that we will always be empathetic to your situation, and our experts are ready to tackle even the most complex of cases.

CVLs from £1,995

Often the best option for closing down your wholesale company is a procedure called a Creditors’ Voluntary Liquidation (CVL). At Clarke Bell, the fee for a CVL is from just £1,995 (all inclusive).

As the name implies, a CVL is where your company will be formally liquidated voluntarily, with all legal obligations fulfilled in accordance with any relevant legislation.

There a number of benefits to closing down your wholesale company with a CVL, including:

  • Effectively dealing with any business debts and legal obligations.
  • Freeing yourself from a bad financial situation.
  • Gaining the chance to move on and make a fresh start.
  • Protecting the interests of any creditors, while limiting your own personal liabilities.
  • Take control back by closing down your company in a simple, low cost way.

We’re here to help wholesalers

Seeking professional help is essential when your business is facing a critical financial situation, and this is where we come in.

We offer free, expert advice, and If a Creditors’ Voluntary Liquidation isn’t the best option for you, we’ll help you find a more suitable solution.  

Thank you for all your help with the liquidation matters. You were a joy to deal with.

They kept me properly informed throughout the whole process with full explanations to my many questions….their patience and empathy meant so much to me. My heartfelt thanks to them all!

Thanks to the help I received from Clarke Bell, I am able to pay off my debts in a reasonable and realistic manner.

For your free expert advice 0161 907 404

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