Business Survival Guides

Free Business Survival Guides

Helping your business in difficult times

Open the guides

(stop this box auto launching)
Help for Directors

All businesses face the occasional financial crisis but when they become a critical problem you need to know exactly where you stand. In our help for directors section, you will find specific information for answering your questions around if you are insolvent, what you need to do if you are and how it will affect you.

Creditors Voluntary Liquidation

What is known as Creditors Voluntary Liquidation is the process that most businesses must go through if they are insolvent. It can be a difficult time for everyone involved, so we have created this special section of our site to give you the important facts about CVLs in a clear and down to earth way so you can see where you stand.

Members Voluntary Liquidation

This is when your company is still solvent, but you (and your fellow directors) decide it is time to call it a day and retire or move on to the next stage of your lives.  With an MVL, you will release the assets and use these funds to pay off the creditors before returning the remaining funds to the shareholders.

Insolvency, Liquidation or Recovery

Is your business in trouble?

Whether you have an urgent financial issue, need a plan to deal with growth, or you simply want an exit strategy, we're here to help.
jump to content

Help for Directors

If you are reading this then chances are that you are asking yourself a few questions, the most common being 'is my business insolvent?'…

Click for more

Creditors Voluntary Liquidation

A CVL is the most common type of insolvency process in England and Wales. When people talk about a company ‘going bust’ or similar a CVL is usually what they mean…

Click for more

Members Voluntary Liquidation

This is when your company is solvent, but you and your fellow directors wish to cease trading and wind up the company. It works by realising all the assets...

Click for more

Take the first step towards resolving your business insolvency issues

If you arrived because you were looking for information on Insolvency or Bankruptcy, we know from decades of experience that you have a lot on your mind right now. Questions such as “Is my business insolvent?” are probably keeping you awake at night, but the chances are that the research you are doing is just returning a lot of technical jargon.

Don’t worry, this site was created to help you when you need it most.

Facing potential Insolvency is a worrying and difficult time. We think what you really want right now is:

  • A clear answer to your questions
  • Accessible information that just gives you the facts about insolvency for your business or helps you understand personal bankruptcy
  • To understand how it could affect you and your family
  • What to do next if you think your business is insolvent or you may be bankrupt

The first thing to do is look around the information we have provided here. It will give you the answers you want in clear English. If anything makes you think you need help, (or if you came here knowing you are facing insolvency) contact us right away. There will always be a button to press to arrange a free first discussion where we can decide what to do next.

Is your business struggling to survive? 

These are difficult times, and right now you are not alone if you are looking at insolvency. If you are the director of a limited company the best thing to do is visit our sub-site ‘help for directors’ you will find a lot of the information you need and also how to contact us if you need our help.

Are you worried about personal bankruptcy? 

While personal bankruptcy is perhaps less common than company insolvency, it is often more difficult to deal with emotionally. Worries over losing your home or how difficult things will be for your family are probably uppermost in your mind. The first piece of advice is to act now. Look at our personal bankruptcy section and see where you stand. If you think you need help, then we can start to look at options. 

Are you worried about tax payments? 

Do you owe money to HMRC? Are you concerned about paying them or already owe them money? If the answer to these questions is ‘yes’ or even ‘maybe’, our pages on ‘HMRC arrears’ will give you clear information on what that could mean.

Are you looking to retire or liquidate an existing business?

We have a section dedicated to solvent liquidation that will clarify where to start and what you need to do if you are closing your business to retire or move on. A good place to start would be our downloadable guide which explains the process of how to release the money in your business to the shareholders so you can move on in life.



Why we can help 

We’ve been working in the insolvency and recovery sector as licenced insolvency practitioners in and around Leicester, Warwickshire, Coventry, and Northampton, since 1990. Just as importantly though, we understand people. Whatever we are working towards with you, we recognise that you are also dealing with the distress and unhappiness that accompanies a financial crisis - whether business or personal we understand and we want to help.  

You don’t need to be molly-coddled; you need honest and actionable support and advice. But that doesn’t mean we don’t have empathy for what you are going through. Part of our commitment to you will be making sure that all processes are carried out as smoothly and quickly as possible. We will always look to make all this happen with the minimum of stress to you and your colleagues, partners, or employees.

Read more about our Three Pillars of Principle here to see what underpins everything we do for you.


Where we can help

Business Insolvency: Clear, straightforward guidance and support, using our skill and experience to point you down the right path for you.

Personal Insolvency: Supporting you with empathy and clarity through difficult personal financial circumstances. 

Partnership Insolvency: Supporting you and your partners through the tough decisions that come with insolvency.

Business Advice: Using our years of experience to advise you with issues concerning Restructuring, Refinancing, Debt Collection and Exit Strategies.

Members Voluntary Liquidation: When it is time to call it a day and retire or perhaps just release the cash in a solvent business to move on in life, we can support you to get the best result from an MVL.

If you feel you may need any of our services, click below to book your free initial appointment.

transparent gif

How we work

We’ve been working in the insolvency and recovery sector since 1990.  But our experience doesn’t only cover the complex financial elements of insolvency, liquidation and recovery.  We also understand people.  We have a close empathy with the distress and unhappiness that accompanies financial crises - whether business or personal.  Read more about our Three Pillars of Principle 

transparent gif

Latest Blog

According to Charity Debt Justice, around 6.7 million people in the UK are considered to be in financial difficulties. The Debt Relief Order is one way to deal with this problem and how it works it is about to change.

According to Charity Debt Justice, around 6.7 million people in the UK are considered to be in financial difficulties. The Debt Relief Order is one way to ... more

transparent gif

Find out more about our insolvency, liquidation or recovery service.  Learn how we can support you with clear, straightforward and empathetic guidance and support.

Call us on 0116 2967507 (Leicester), 01926 969000 (Warwick), 02476 0179639 (Coventry) or 01604 263179 (Northampton), or email us on