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, using these funds to pay off the creditors and return the remaining funds as shareholders’ capital.
Whilst a solvent liquidation is a process, we know we can add value to that process. In the weeks and months before putting your business into a solvent liquidation, we’ll work with you to set out a clear process for bringing your business to a close.
Clearly, the cost of the liquidation process is important. We’ll be open and fair about the cost to you, which we’ll often apply on a fixed fee basis.
On 26 February 2019, the government issued a consultation to make HMRC a ‘secondary preferential creditor’. My recent experience of ... more
What is a Business Exit Strategy? Essentially, this would be your strategic plan to sell your ownership of your company to investors or to another ... more
Find out more about how we can guide you through a Members Voluntary Liquidation (MVL). We’re here to help with clear, straightforward support.
Call us on 0116 2325117 (Leicester) or 01926 671891 (Warwick), or email us on email@example.com