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.



If you are on this page then you probably need some urgent advice. The best option is you address your concerns as soon as possible and talk to us.

We don't judge, interrogate or pressure you. We just want to assess your situation and give you the best advice.

If you are concerned that you have a problem and want to talk to someone urgently please call us on

Leicester: 0116 232 5117

Warwick: 01926 671 891

Coventry: 02476 017 639

Northampton: 01604 263 179

We will respond as soon as possible.

Alternatively, if you want to book an appointment for a call back with us, please use the calendar link below and we will talk at a time to suit you. 

Click here to book an appointment.


We are here to offer our professional advice and help.

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If you think your business may be insolvent it is important to get help as soon as possible

Call us for a free initial discussion 

Leicester: 0116 232 5117 | Warwick: 01926 671 891Coventry: 02476 017 639 | Northampton: 01604 263 179