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How does the CVA process work?
If your company is insolvent, a company voluntary arrangement (CVA) is a legal agreement that can help to reorganise your company’s debts. It’s a formal... [Read more...]Filed Under: CVA
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The drawbacks of dissolving your company instead of liquidating it
Unfortunately in business, as in life, things don’t always go according to plan. No one sets up a company with the intention of having it slowly fail, but... [Read more...]Filed Under: liquidation
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Travel companies and COVID-19: expert help and advice
Times are harder than ever before for the travel industry. Let’s face it, things were already tough before we had even heard of coronavirus, with the... [Read more...] -
How do I apply for a CVA?
A CVA, or a company voluntary arrangement, is a formal insolvency agreement between an insolvent company and its creditors. In a CVA, a business will pay... [Read more...] -
What is the Pay As You Grow scheme and how does it work?
The sheer magnitude of the recession in the UK caused by the COVID-19 pandemic is unprecedented in modern times. The UK economy remains 8.6% smaller than... [Read more...]Filed Under: Insolvency
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The Warning Signs of Insolvency
When it comes to finance, it’s easy to bury your head in the sand. But with a business, recognising the warning signs of insolvency early could mean the... [Read more...]Filed Under: Insolvency
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Help and advice for businesses struggling due to the latest lockdown
The COVID-19 pandemic has had a huge effect on businesses all over the world, and has been wreaking havoc on the global economy for more than a year. We... [Read more...]Filed Under: coronavirus
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Help – I can’t pay back my Bounce Back Loan!
Over the past few months, the government has introduced a number of measures to help struggling businesses survive the coronavirus pandemic. Two examples... [Read more...]Filed Under: loan
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What is the order of priority of payments when a company is liquidated?
When all other avenues have been explored and the debt is overwhelming, a company may be left with little choice but to go into liquidation. This formal... [Read more...]Filed Under: liquidation