A Creditors Voluntary Liquidation is the most common form of insolvency in the UK.
This happens if you and your fellow directors decide that, with your company insolvent, you should voluntarily wind it up. A CVL works by realising the assets of your company and distributing the proceeds to your creditors.
What is Compulsory Liquidation? This happens when the court orders that your company must be wound up. This follows a winding-up petition ... more
One of the major aspects of any insolvency is what will happen to the employees. Any news story in relation to an insolvency will focus on ‘how many ... more
Find out more about how we can guide you through a Creditors Voluntary Liquidation. We’re here to help with clear, straightforward support.
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