Wilson Field
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Wilson Field
We offer specialist advice and services across a wide range of insolvency procedures. Whether you operate as a sole trader, run a limited company, or are a consumer in need of financial assistance, we are here to help.

Our team of licensed insolvency practitioners have dealt first hand with individuals in a wide variety of situations, from a wide variety of backgrounds, and with a large range of expectations and needs, over their many years of experience.No matter your situation, we can help. Our dedicated team of advisors are available and here to help you find a real solution to your situation.
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We offer specialist advice and services across a wide range of insolvency procedures. Whether you operate as a sole trader, run a large company, or are a consumer in need of financial assistance, we are here to help.

Our team of licensed insolvency practitioners have dealt first hand with individuals in a wide variety of situations, from a wide variety of backgrounds, and with a large range of expectations and needs, over their many years of experience.No matter your situation, we offer a free initial consultation to establish the best way forward, and will guide you through every step of the process effectively and efficiently.
I have contacted Christopher today for advice and he was extremely knowledgeable, super fast, helpful and clear in his responses. I feel he went out of his way to answer my questions. We spoke with Christopher Callaghan who gave us very sound advice. Even though Christopher was unable to help with our particular issues, he provided a lot of support and information to help us out when really it was of no business benefit to him to help us.
If you are looking to close a solvent limited company, there are 2 options available depending on the value of company assets. For this purpose, solvency is defined as able to reasonably repay all existing and prospective debts within a period of no more than 12 months.

If a company can realise sufficient value from the sale of its assets to repay creditors in full and leave at least 25,000 left over for distribution to shareholders, then a member's voluntary liquidation (MVL) is often the most tax-efficient and cost-effective way of closing a limited company.An MVL would see the company's assets being sold or realised and the proceeds used to make full payment to all creditors.
You should be aware that for six years after dissolution, your company can be restored by a creditor if they have a valid reason. A court order will be necessary to bring the company back by declaring the dissolution void and restoring it to the Companies House register. Get in touch with us to discuss your company's current situation and we can help you decide whether dissolution is the correct option for your company.
Our objective is to achieve the outcome you desire as a director. To do this, we need to speak with you and analyse your company's current position. Once you have made contact with us, our initial advisors will establish if there is a way in which we can assist you - if we can, we will then arrange for a free face to face consultation.
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